FOR IMMEDIATE RELEASE               Contact:     Michael Schundler
                                                 Chief Operating Officer
                                                 PH:  (954) 986-7506



                   SHERIDAN HEALTHCARE ANNOUNCES ACQUISITION

Hollywood,  Florida (March 6, 1998) - Sheridan Healthcare, Inc. (Nasdaq/NM:SHCR)
announced today that it recently entered into a long-term  management  agreement
with a hospital-based perinatology practice in Texas. The newly managed practice
includes  two  perinatologists  who  provide  services  to  high-risk  obstetric
patients at a large tertiary hospital.

     Mitchell Eisenberg,  M.D., Chairman and Chief Executive Officer of Sheridan
Healthcare,  Inc.,  commented,  "We are very pleased to be affiliated  with this
successful  perinatology practice,  which provides Sheridan with a base that can
be used to build an integrated network in a new geographic market."

     Sheridan Healthcare,  Inc. is a physician practice management company which
provides  specialist  physician  services at hospital  and  ambulatory  surgical
facilities  in  the  areas  of  anesthesia,   pediatrics,   emergency  services,
obstetrics and  perinatology,  and owns and operates,  or manages,  office-based
primary care, obstetrical, gynecological, pain management and surgical physician
practices. The Company is currently affiliated with approximately 240 physicians
practicing under 53 specialty service contracts at 36 hospitals and at 21 office
locations.

     Statements  contained in this press release which are not historical  facts
may be  considered  forward-looking  statements  as that term is  defined in the
Private  Securities   Litigation  Reform  Act  of  1995.  These  forward-looking
statements  are subject to risks and  uncertainties  which  could  cause  actual
results to differ materially from those projected. Those risks and uncertainties
include  fluctuations  in the volume of  procedures  delivered by the  Company's
affiliated physicians, changes in the reimbursement rates for thos e procedures,
uncertainty  about  the  ability  to  collect  the  appropriate  fees for  those
procedures,  fluctuations in the cost and utilization rates of referral services
used by patients that are subject to shared-risk  capitation  arrangements,  the
loss of significant hospital or third-party payor relationships,  and changes in
the number of patients using the Company's physician services,  as well as other
risks  detailed  in the  Company's  filings  with the  Securities  and  Exchange
Commission.

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