TeamHealth, a leading provider of hospital-based physician services, is investing nearly $18 million to expand its corporate operations in eastern Tennessee.
The Knoxville-based company is leasing a new facility that will be constructed in nearby Alcoa, where it already has one facility with a 400-member staff. The company plans to initially hire 160 employees for the new location, with the anticipation of that figure growing to 550.
Initial hiring and construction on the 25,000-s.f. building is set to be complete by the first quarter of 2012.
Founded in 1979, TeamHealth has grown to become one of the nation’s largest providers of hospital-based clinical outsourcing, with more than 6,600 affiliated healthcare professionals who provide emergency medicine, anesthesiology, hospital medicine, and pediatric staffing and management services to more than 700 civilian and military hospitals, clinics and physician groups in 45 states.