TeamHealth, one of the largest providers of outsourced physicians for hospitals, will add 450 jobs near Alcoa, Tenn., by this summer as the medical staffing company continues to expand.
The Knoxville-based company announced today that it will invest $16.8 million to construct additional office space at the Base Pointe Business Park in Blount County.
"TeamHealth continues to experience significant growth, particularly within our anesthesia service line," said Michael D. Snow, the company's president and CEO of TeamHealth. "Our new location will be solely dedicated to Healthcare Financial Services (HCFS) anesthesia operations and will allow us to strengthen our coding and billing functions to support future growth."
HCFS provides comprehensive coding and billing for patients seen in TeamHealth's client hospitals. TeamHealth's approximately 11,000 affiliated healthcare professionals provide emergency medicine, hospital medicine, anesthesia, urgent care, and pediatric staffing and management services for civilian and military hospitals, clinics and physician groups.
The new facility will initially include 40,000 square feet but is expandable to 70,000 square feet. TeamHealth plans to relocate its HCFS anesthesia operations to the new facility by August 2015.
TeamHealth currently occupies 52,500 square feet at its Base Pointe location.