Sound Physicians Acquires Cogent Healthcare

Sound Physicians Acquires Cogent Healthcare

Nov. 28, 2014 – Sound Physicians, a leading hospitalist and post-acute care organization, with more than 1,100 hospitalist and post-acute providers caring for patients in more than 100 hospitals and post-acute centers, acquired Cogent Healthcare, a successful hospitalist, and intensive care organization. The transaction closed on Nov. 21, 2014. More than 650 providers who deliver hospitalist and intensivist services to more than 80 hospitals throughout the United States have joined Sound Physicians. Combined, the expanded Sound Physicians organization will now serve more than 180 hospitals in 35 states with more than 1,750 providers including physicians and advanced care practitioners.

Sound Physicians is a leading hospitalist and post-acute care organization focused on driving measurable improvements in quality, satisfaction, and efficiency throughout the acute episode of patient care. Sound Physicians’ deep investments in developing and retaining exceptional physicians, coupled with a proven performance management model result in improved outcomes and significant value for its hospitals and post-acute partners. Sound Physicians and Cogent Healthcare share a common vision and plan to apply best practices from both organizations to add even more value to their current hospital partners. As a physician-led organization, Sound ensures that providers have the necessary infrastructure and workload required to drive both improvements in patient care as well as a sustainable career for its physicians and advanced practitioners.

“We are excited to welcome hospital partners and Cogent colleagues into the Sound family. Our country will benefit from our joint efforts as we work to transform the management of the acute episode of care. Together we expect to further amplify our efforts in improving quality and lowering the cost of care nationwide, ” said Rob Bessler, M.D., Chief Executive Officer of Sound Physicians.

Sound Physicians’ Central Office is in Tacoma, Washington and the expanded organization will maintain a satellite support office in Nashville, Tennessee.

###