Garvey Schubert Barer attorneys Brent Jones and Andy Aley represented Physicians Anesthesia Service (PAS), the largest group of anesthesiologists serving the Seattle area, in creating a newly formed partnership with U.S. Anesthesia Partners, Inc. (USAP). The practice’s 120 anesthesia providers—many with sub-specialty training in cardiac, pediatric, regional anesthesia and intensive care medicine—provide anesthesia service ranging from care of the most medically complex inpatients to outpatients in ambulatory facilities.
Dr. David Lavitt, CEO of PAS, said he views this new partnership as a unique opportunity. “We at PAS are excited to join USAP. It is apparent USAP has been thoughtfully designed to create a culture of collaboration that builds trust and empowers clinicians to strive for excellence,” said Lavitt. “As USAP-Washington, we will have access to the best anesthesia practices that will facilitate quality-based, data-driven care for our patients.”
USAP CEO Kris Bratberg said that PAS fits well with USAP’s goal of building the premier anesthesia practice in the country. “We are building a unique organization for the specialty of anesthesiology. Quality groups like PAS are seeking a partner that can provide them with the support, expertise and infrastructure needed to succeed in a very demanding environment,” said Bratberg. “By partnering with USAP, PAS will benefit from the significant investments USAP has made in infrastructure to support its practices and the high caliber business leadership team we have built.”
Ropes & Gray LLP provided legal counsel to USAP, and BMO Capital Markets served as financial advisor to PAS. Terms of the transaction were not disclosed.
Read the USAP press release.
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