- Published: June 2013
Summary: Team Health Inc. Apr 01
- Published: April 2001
- Standard & Poors
The speculative-grade ratings on Team Health Inc. reflect the staffing firm's diversified base of customers for its emergency room physicians, offset by its significant debt, strong competition, and industry-wide pricing pressures. Knoxville, Tenn.-based Team Health is the largest provider of outsourced physician staffing services in the U.S. Team Health's buyout from MedPartners Inc. in 1999 saddled the company with a highly leveraged financial position. In the emergency department, Team Health competes with one larger, but financially troubled competitor, as well as with a host of well-entrenched regional providers. While pricing has been more favorable recently, it remains subject to changes in third-party reimbursement to physicians. Bad-debt experience may increase if the uninsured population resumes its growth. Moreover, the company's cost...
Companies mentioned in this report are: Team Health Inc.
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
SHOW LESS READ MORE >
Team Health Inc.
|Electronic||The report will be emailed to you.|