We believe we are the largest provider of outsourced physician staffing and administrative services to hospitals and other healthcare providers in the United States, based upon revenues and patient visits. We serve approximately 550 civilian and military hospital clients and their affiliated clinics and surgical centers in 46 states with a team of approximately 6,200 healthcare professionals including physicians, physician assistants and nurse practitioners. Since our inception in 1979, we have focused primarily on providing outsourced services to hospital emergency departments, which accounted for 70% and 72% of our net revenue less provision for uncollectibles in the years ended December 31, 2008 and 2007, respectively. We also provide comprehensive programs for inpatient care (hospitalist), radiology, pediatrics and other healthcare services, by providing permanent staffing that enables the management teams of hospitals and other healthcare facilities to outsource certain management, recruiting, hiring, payroll, billing and collection and benefits functions. Emergency departments, or EDs, are the predominate source of hospital inpatient admissions with a significant portion of admissions for key medical service lines starting in EDs, making successful management of this department critical to a hospital’s patient satisfaction rates and overall success. This dynamic, combined with the challenges involved in billing and collections and physician recruiting and retention, is a primary driver for hospitals to outsource their clinical staffing and management services to companies such as ours. Our revenues from ED contracts increased by approximately 42% from 2004 to 2008. The EDs that we staff are generally located in larger hospitals. We believe that our experience and expertise in managing the complexities of these high-volume emergency departments enable our hospital clients to provide higher quality and more efficient physician and administrative services. In this type of environment, we can establish stable long-term relationships, recruit and retain high quality physicians and other providers and staff, and obtain attractive payer mixes and profit margins.
Company profile
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Incorporated
Location
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Corporate docs
Latest filings (excl ownership)
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
24 Dec 09
8-K
Departure of Directors or Certain Officers
18 Dec 09
8-K
Departure of Directors or Certain Officers
25 Nov 09
8-K
Team Finance LLC Announces Third Quarter 2009 Results
4 Nov 09
10-Q
2009 Q3
Quarterly report
2 Nov 09
8-K
Departure of Directors or Certain Officers
24 Sep 09
8-K
Team Finance LLC Announces Second Quarter 2009 Results
11 Aug 09
10-Q
2009 Q2
Quarterly report
10 Aug 09
8-K
Team Finance LLC Announces First Quarter 2009 Results
7 May 09
10-Q
2009 Q1
Quarterly report
6 May 09
Latest ownership filings
No filings