US Anesthesia Partners

What US Anesthesia Partners does

U.S. Anesthesia Partners (USAP) is a private, physician-owned and clinician-led anesthesia services organization founded in 2012 and backed by private equity firm Welsh, Carson, Anderson & Stowe. The company delivers anesthesia care through a network of more than 4,500 anesthesiologists, CRNAs, and CAAs operating across over 700 hospitals, ambulatory surgery centers, and physician practice locations in 13 states plus the District of Columbia, handling more than two million cases annually. USAP's core service offering is comprehensive anesthesia coverage including general, regional, OB, pediatric, and cardiac subspecialties, augmented by OR optimization, revenue cycle management, and cost-containment consulting for hospital and ASC partners.

USAP supplements its core services with a portfolio of education, research, and technology products. The USAP Center for Anesthesia Education and Leadership, launched in October 2025 with Nova Southeastern University, is structured to train over 1,500 clinicians over a decade, and the company operates an annual Future Leaders in Anesthesia Conference alongside residency and CRNA clinical rotation partnerships with HCA HealthONE, Houston Methodist, AdventHealth Florida, and the Sunrise Health GME Consortium. On the technology side, USAP is building an AI-enabled digital layer through partnerships with GE HealthCare (announced January 2026) for AI-powered digital anesthesia solutions and with Apella (announced July 2025) for ambient-camera OR intelligence. Its APSQ2 patient satisfaction program is the only validated national instrument of its kind deployed by a national anesthesia provider, and USAP reported 96.6% patient satisfaction in the most recent year, exceeding the 94.7% national benchmark.

USAP generates revenue through managed-service-style anesthesia billing arrangements with hospitals, health systems, ASCs, and physician practices, with pricing varying by procedure complexity, facility, and insurance. Its go-to-market is enterprise field sales, supplemented by industry event presence and physician-recruitment pipelines, and it is incorporated in Delaware with operational headquarters in Fort Lauderdale, Florida, and Dallas, Texas. In April 2026, USAP reached an agreement in principle with the FTC to settle a 2023 antitrust lawsuit alleging illegal consolidation of the Texas anesthesia market, resolving the litigation without admission of fault.

Name

US Anesthesia Partners

Legal name

U.S. Anesthesia Partners

Website

https://usap.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

US Anesthesia Partners is a physician-owned, PE-backed anesthesia services organization delivering care through 4,500+ clinicians across 700+ hospitals and ASCs in 13 states plus DC, handling 2+ million cases annually.

Ownership category

akta.pro rank

Product category

Anesthesia Services

NAICS

Offices of Physicians (except Mental Health Specialists) (621111), Offices of Physicians (62111)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Health Services (8000)

akta.pro primary industry

Perioperative Anesthesia Services & Management (HLAFAIAM)

akta.pro secondary industry

Perioperative/Anesthesia & Surgical Documentation Systems (HLACAAAF)

Keywords

• Anesthesia services
• Physician practice management
• Perioperative care
• Healthcare staffing services
• Clinical quality network

Headquarters

HQ city

Fort Lauderdale

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Anesthesia Services: USAP provides anesthesia care services to hospitals, ASCs, and physician practices through service agreements. Revenue is generated through billing for anesthesia procedures performed. The company serves over 2 million cases annually across 700+ facilities.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels8 records

Core offering

U.S. Anesthesia Partners (USAP) is a single-specialty, physician-owned and clinician-led organization that delivers anesthesia care services to hospitals, ambulatory surgery centers, and physician practices. Through a network of more than 4,500 anesthesiologists, CRNAs, and CAAs, USAP supports over 2 million cases annually across 700+ facilities in 13 states and the District of Columbia, providing clinical coverage, revenue cycle management, and operational support for anesthesia service lines.

Product overview

US Anesthesia Partners (USAP) operates as a physician-owned and clinician-led organization providing anesthesia care services as its core product. The company delivers anesthesia care through over 4,500 clinicians (anesthesiologists, CRNAs, and CAAs) in more than 700 facilities across 10 states and the District of Columbia, handling over 2 million cases annually. USAP supplements its core anesthesia services with educational and training products: the USAP Center for Anesthesia Education and Leadership at NSU (a nationwide training initiative to develop 1,500+ clinicians over a decade), the annual Future Leaders in Anesthesia Conference, residency program partnerships with major hospitals, and CRNA clinical rotation programs. Additional offerings include clinical research initiatives, anesthesia cost containment consulting services, and clinical guidance resources such as GLP-1 pre-operative recommendations. USAP's data-driven quality metrics and clinical quality network enable continuous innovation across its national footprint.

Differentiator

Problem solved

Functional benefit

Products and services

• Anesthesia Care Services Comprehensive anesthesia care delivery provided by over 4,500 anesthesiologists, CRNAs, and CAAs across 700+ hospitals, ambulatory surgery centers, and physician practices in 13 states and the District of Columbia. Includes subspecialty expertise in pediatric, cardiac, and obstetric anesthesia, data-driven quality monitoring, and revenue cycle management for the anesthesia service line.
• Anesthesia Cost Containment Consulting Strategic consulting services for hospital leaders on managing anesthesia spend, including operating room grid optimization, reducing locum reliance, and optimizing Revenue Cycle Management for anesthesia billing complexity.
• Clinical Research Physician-led clinical research initiatives that enhance patient safety, refine anesthesia techniques, and improve perioperative outcomes through collaboration with hospitals, academic institutions, and industry partners.
• Anesthesiology Residency Programs Hospital-partnered anesthesiology residency programs operated in collaboration with leading health systems, including Sunrise Health GME Consortium, HCA HealthONE, AdventHealth Florida, and Houston Methodist Hospital, providing clinical training to residents.
• CRNA Clinical Rotation Programs Clinical rotation programs for student CRNAs delivered by USAP preceptors and experienced CRNAs across diverse care settings, providing hands-on experience, mentorship, and real-time feedback.

Quantifiable outcome

• 96.6% patient satisfaction rate exceeding national benchmark of 94.7% for second consecutive year
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• GE HealthCarecoreTechnology or Integration · 23 January 2026USAP announced collaboration with GE HealthCare to conceptualize and develop AI-powered digital anesthesia solutions. The partnership combines GE HealthCare's expertise in anesthesia technology, AI, and global distribution with USAP's clinical data infrastructure and daily caseload across 700+ facilities. The initiative aims to address workforce challenges and improve patient outcomes through machine learning tools for clinical surveillance and decision-making.
• Nova Southeastern University (NSU)coreStrategic or Co-development Partner · 27 October 2025USAP and NSU expanded their collaboration to launch the USAP Center for Anesthesia Education and Leadership, a nationwide anesthesia training initiative. The program will offer clinical, leadership, and business education to train over 1,500 anesthesia clinicians over the next decade. USAP's Center for Anesthesia Education and Leadership provides mentorship and clinical rotation support for students.
• Mount SinaicoreStrategic or Co-development Partner · 5 December 2024Mount Sinai and USAP formed an alliance to support a new anesthesia practice in the Greater New York area. USAP provides anesthesia management services while leveraging its national scale, quality metrics, and operational expertise. Elevated Practice Solutions (EPS) supports the partnership to provide Greater New York anesthesia services.
• Naples Comprehensive Health (NCH)coreStrategic or Co-development PartnerNaples Comprehensive Health selected USAP to provide anesthesia services at four facilities. This partnership demonstrates USAP's ability to serve regional health systems and expand its footprint in Florida.
• Elevated Practice Solutions (EPS)minorImplementation/ SI/ Consulting PartnerEPS collaborated with USAP to support Greater New York anesthesia services through the Mount Sinai alliance, providing operational support and practice management expertise.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• North American Partners in Anesthesia (NAPA): Largest dedicated single-specialty anesthesia provider in the U.S., operating in similar facility types (hospitals, ASCs) with a comparable multi-state footprint, employed clinician model, and PE backing. Closest direct competitor to USAP.
• CarePoint Health Anesthesia: Anesthesia-focused physician services company that has pursued an acquisition-driven, PE-style growth strategy in regional markets; closely comparable to USAP's approach and footprint.
• Premier Anesthesia: National anesthesia management group providing outsourced services to hospitals and ASCs; competes for the same contracts with a similar full-service anesthesia delivery model.

Broad incumbents

• Envision Healthcare: Large, diversified physician-services platform with a significant anesthesiology line alongside emergency, hospitalist, and surgical services; overlaps with USAP at hospitals and ASCs even as it competes across a broader service mix.
• TeamHealth: National physician-services company with anesthesia, emergency medicine, and hospitalist staffing; competes for the same hospital service-line contracts as USAP under a comparable PE-owned, scale-driven model.
• Sound Physicians: Hospitalist and acute-care physician services group expanding into anesthesia; shares USAP's PE-backed, multi-site clinical-services model and similar hospital procurement motion.
• MEDNAX / Pediatrix Medical Group: Public PE-history physician services company that has undergone strategic restructuring; illustrates the broader physician-services consolidation playbook USAP operates within.
• US Acute Care Solutions (USACS): PE-backed physician services group concentrated in emergency and hospital medicine but increasingly a competitor for integrated hospital staffing contracts in the same facilities USAP serves.

Regional players

• Anesthesia Service Medical Group (ASMG): Long-standing, large regional single-specialty anesthesia group that mirrors USAP's physician-led, single-specialty model at city scale; comparable on governance and clinical delivery, though smaller in geography.

Others

• Surgery Partners: Owner-operator of ASCs and surgical hospitals that is a meaningful customer and counterparty for outsourced anesthesia groups like USAP; included as a channel-side peer rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/usap_updates
• Facebookfacebook.com/usanesthesiapartners
• LinkedInlinkedin.com/company/us-anesthesia-partners
• Instagraminstagram.com/usanesthesiapartners

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about US Anesthesia Partners