Greenwood Village, Colo.-based Envision Healthcare Corp.'s physician services division acquired Tucson, Ariz.-based Oro Valley Anesthesia.
The deal, which was announced as completed Tuesday, puts Envision on the map in the Tucson area, as part of a long-term expansion strategy in the state. Oro Valley Anesthesia includes 16 physicians and three certified registered nurse anesthetists who provide care across two hospitals and eight ASCs in the Tucson area.
"We are excited to join Envision's physician services organization, which will provide us with vital resources to enable our continued growth in the Tucson area while maintaining our focus on patient care," Sally Vetter, MD, president of Oro Valley Anesthesia, said in a press release. "Practicing as part of Envision, we expect to be well positioned to adapt to new care models that will be based on demonstrating the quality of care that we provide in our community."
Envision provides physician-led services at more than 780 hospitals across the country in a variety of specialties including anesthesiology, radiology, women's and children's services, emergency care and hospitalist services.
More articles on transactions and valuation:
Dignity Health partners with Kindred for outpatient therapy: 4 things to know
CHS sells controlling interest in home health business to drive down debt
UHS closes $464M deal for 81 UK behavioral health facilities