Envision Healthcare, a top private equity-backed emergency physician staffing company, is exiting California and avoiding a lawsuit that threatened the legality of its business model in the state. The Nashville, Tennessee-based company had been battling the American Academy of Emergency Medicine, which sued in 2021 after Envision Healthcare won a contract that the American Academy of Emergency Medicine Physician Group previously held at Placentia-Linda Hospital in Placentia, part of the Orange-based University of California, Irvine Health system.
Read the full article: Envision Healthcare Ends Private Equity Case, Leaves California //
Source: https://www.modernhealthcare.com/legal/envision-healthcare-private-equity-lawsuit-california