Mednax, a medical group based in Sunrise, Fla., has acquired Anesthesia Medical Alliance of East Tennessee (Knoxville).
The deal represents Mednax's first anesthesiology acquisition in the state. Terms of the cash purchase were not disclosed but Mednax said in a news release that it expects the deal to be immediately accretive to earnings.
Anesthesia Medical Alliance has 16 practice locations in eastern Tennessee. The group employs 45 anesthesiologists and 158 anesthetists in subspecialties such as cardiovascular care, obstetrics and neuro-anesthesia.