SOURCE: North American Partners in Anesthesia

North American Partners in Anesthesia

June 03, 2013 10:27 ET

North American Partners in Anesthesia Continues Strategic Growth in Anesthesia Market

Adds Hudson Valley, NY Practice; Expands Regional Footprint

MELVILLE, NY--(Marketwired - June 03, 2013) -  North American Partners in Anesthesia (NAPA), the largest single specialty anesthesia and perioperative management company in the United States, today announced that, effective immediately, the physicians and nurse anesthetists of Orange Anesthesia Service, P.C. have joined NAPA. Orange Anesthesia, located in Middletown, NY, provides anesthesia services to Orange Regional Medical Center (ORMC) and the hospital-sponsored ambulatory surgical center, Orange Regional Medical Pavilion. The practice has had a long-standing relationship with ORMC and has extended its focus into the local community, providing services at several private offices and outpatient facilities in the region.

"The anesthesia team at Orange will make great additions to the NAPA family," said Timothy J. Dowd, CEO and Managing Partner of North American Partners in Anesthesia. "Adding high-caliber practices aligned with our quality and patient-centered focus allows us to enhance the services we provide and continue to succeed in delivering the highest quality of anesthesia services to patients, and our hospital and ambulatory surgical center partners. NAPA continues to add value through its joint clinical and expansion initiatives throughout the Hudson Valley region."

This marks NAPA's continued growth in the Hudson Valley; they provide services at Vassar Brother Medical Center, ambulatory surgery centers, physician offices and several pain management sites in the region. With the addition of the Orange Anesthesia Practice, 23 new clinicians will join NAPA's operations.

"Working collaboratively as part of a larger entity, our practice can immediately benefit not only from NAPA's infrastructure, but from working together with their many anesthesiologists around the country," said Lon J. Merin, M.D., Chairman of the Department of Anesthesiology at ORMC. "Being a part of the NAPA network allows us to jointly discover and use best practices, plan together how to meet the changes in healthcare and continue to advance the specialty of anesthesiology -- providing us with the essential resources to meet our end goal of improving the quality of care to our patients."

In April 2011, Moelis Capital Partners, the private equity business of Moelis & Company, led a recapitalization of NAPA's practice management company, NAPA Management Services Corporation (NMSC) providing the company with the ability to pursue growth opportunities and maintain its leadership position in the expanding anesthesia management market.

About North American Partners in Anesthesia
Founded in 1986, North American Partners in Anesthesia (NAPA) is the leading single specialty anesthesia management company in the United States. NAPA is comprised of the most respected clinical staff, providing thousands of patients with superior and attentive care. The company is known for partnering with hospitals and other health care facilities across the nation to provide anesthesia services and perioperative leadership that maximize operating room performance, enhance revenue, and demonstrate consistent patient and surgeon satisfaction ratings. For more information, please visit www.NAPAanesthesia.com.

ABOUT MOELIS CAPITAL PARTNERS
Moelis Capital Partners is a middle market private equity firm founded in 2007 in connection with the formation of Moelis & Company, a global investment bank. Moelis Capital Partners manages $800 million of committed private equity capital and specializes in traditional private equity investments in the middle market. For more information, please visit www.moeliscapital.com.

Contact Information

  • Contact information
    Media Contacts:
    Jill Aaronson
    Marketing Coordinator 
    North American Partners in Anesthesia 
    t: (516) 945-3030
    jaaronson@NAPAanesthesia.com

    Andrea Hurst
    Marketing & Communications
    Moelis & Company
    t: (212) 883-3666
    m: (347) 583-9705
    andrea.hurst@moelis.com