PROVIDENCE ANCHORAGE ANESTHESIA MEDICAL GROUP

What PROVIDENCE ANCHORAGE ANESTHESIA MEDICAL GROUP does

Providence Anchorage Anesthesia Medical Group, P.C. (PAAMG) is a physician-owned anesthesia professional corporation incorporated in Alaska in 1992, providing comprehensive anesthesia services exclusively at Providence Alaska Medical Center (PAMC), the largest medical center in Alaska. The practice staffs approximately 25 board-certified/board-eligible physician anesthesiologists and 15 certified registered nurse anesthetists (CRNAs), and offers general anesthesia, regional anesthesia (spinal, epidural, nerve blocks), sedation, obstetrical anesthesia including a dedicated 24/7 labor and delivery service with a 30-minute page response, pediatric anesthesia staffed by fellowship-trained pediatric anesthesiologists, cardiac anesthesia, acute pain management, and post-anesthesia care unit (PACU) recovery services. Underlying technology is standard clinical anesthesia delivery supported by continuous vital-sign and anesthetic-depth monitoring, with administrative tooling limited to a public website, patient portal, and online bill payment via ImaginePay and TransSafe.

PAAMG operates a hospital-based, referral-driven go-to-market: patients are scheduled through PAMC's surgical scheduling office and surgeon referrals rather than direct-to-consumer acquisition, though the practice markets via its professional website and participates in industry recognition events such as National CRNA Week and Physician Anesthesiologist Week. Revenue is generated on a fee-for-service / unit-pricing basis per anesthesia CPT code, with disclosed average unadjusted charges ranging from $470 (arterial line placement, CPT 36620) to $3,600 (cardiac ablation anesthesia, CPT 00537), and major case types including labor epidurals at $1,875 (CPT 01922) and vaginal delivery anesthesia at $3,500 (CPT 01967). The practice is in-network with Premera/Blue Cross Blue Shield, Medicaid, Medicare, Tricare/Triwest/VA, and Aetna, files claims as a courtesy, and publishes CPT-level price transparency in compliance with Alaska Senate Bill 105.

Name

PROVIDENCE ANCHORAGE ANESTHESIA MEDICAL GROUP

Legal name

Providence Anchorage Anesthesia Medical Group, P.C.

Website

https://paamg.net

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

51–100 employees

Short description

Providence Anchorage Anesthesia Medical Group is a physician-owned anesthesia practice founded in 1992 that provides comprehensive anesthesia services, including general, regional, obstetrical, pediatric, cardiac, and acute pain care, exclusively at Providence Alaska Medical Center in Anchorage, Alaska.

Ownership category

akta.pro rank

Product category

Anesthesia Services

NAICS

Offices of Physicians (62111)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

Perioperative Anesthesia Services & Management (HLAFAIAM)

Keywords

• Anesthesia services
• Hospital-based anesthesia
• Obstetric anesthesia care
• Pediatric anesthesia services
• Cardiac anesthesia care

Headquarters

HQ city

Anchorage

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Anesthesia Services Billing: PAAMG bills patients for anesthesia services rendered during surgical, obstetric, and other medical procedures. Fees vary based on type of service, patient risk factors (age, medical conditions, emergency status), and duration of service. The practice files insurance claims as a courtesy for most plans and is in-network with Premera/Blue Cross Blue Shield, Medicaid, Medicare, and Tricare/Triwest/VA, and Aetna.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

PAAMG is a physician- and CRNA-owned anesthesia medical group that delivers comprehensive anesthesia services exclusively at Providence Alaska Medical Center in Anchorage, Alaska. Offerings include general anesthesia, regional anesthesia (spinal, epidural, nerve blocks), obstetric anesthesia (labor epidurals and cesarean anesthesia), pediatric anesthesia, cardiac anesthesia, and acute pain management, supported by post-anesthesia care and anesthesia fee billing. The practice is staffed by nearly 30 board-certified or board-eligible anesthesiologists and certified registered nurse anesthetists, with 24/7 dedicated labor and delivery coverage.

Product overview

Providence Anchorage Anesthesia Medical Group (PAAMG) is a physician and CRNA-based anesthesia practice that provides comprehensive anesthesia care services. The group operates as a unified medical practice offering general anesthesia, regional anesthesia (spinal, epidural, nerve blocks), obstetrical anesthesia, pediatric anesthesia, cardiac anesthesia, and acute pain management therapy. PAAMG serves patients at Providence Alaska Medical Center and provides Post Anesthesia Care Unit (PACU) services for recovery monitoring. Supporting services include anesthesia fee billing with insurance claim filing and an online bill payment portal. The practice has nearly 30 anesthesiologists and certified registered nurse anesthetists providing care across multiple anesthesia subspecialties.

Differentiator

Problem solved

Functional benefit

Products and services

• General Anesthesia Services Administration of full-body unconsciousness during surgical procedures, with continuous monitoring of vital signs and anesthetic depth using IV medications and anesthesia gases. Provided to surgical patients at Providence Alaska Medical Center.
• Regional Anesthesia Services Nerve block procedures including spinal, epidural, and arm/shoulder blocks that numb specific body regions without requiring full unconsciousness, for surgical and obstetric patients at Providence Alaska Medical Center.
• Labor Epidural Anesthesia Continuous labor pain relief via epidural catheter placement for medication administration to numb the lower body during childbirth at Providence Alaska Medical Center.
• Obstetrical Anesthesia for Cesarean Section Anesthesia options for cesarean delivery, including epidural, spinal, and general anesthesia selected based on patient circumstances and urgency, for mothers delivering at Providence Alaska Medical Center.
• Pediatric Anesthesia Services Specialized anesthesia care for children undergoing surgery, including infants through adolescents, with fellowship-trained pediatric anesthesiologists available for complex procedures at Providence Alaska Medical Center.
• Cardiac Anesthesia Services Specialized anesthesia for cardiovascular procedures, administered by anesthesiologists with cardiac anesthesia expertise to patients undergoing cardiac surgery and ablation procedures at Providence Alaska Medical Center.
• Acute Pain Management Therapy Post-operative pain management services including regional anesthetic techniques for extended pain relief after surgery, for patients recovering at Providence Alaska Medical Center.
• Post Anesthesia Care Unit (PACU) Services Recovery monitoring and care immediately following surgery and anesthesia, including vital sign monitoring and management of post-operative side effects for patients at Providence Alaska Medical Center.
• Anesthesia Fee Billing Services Insurance claim filing and billing services for anesthesia procedures, with transparency listings for common CPT codes. PAAMG is in-network with Premera/Blue Cross Blue Shield, Medicaid, Medicare, Tricare/Triwest/VA, and Aetna, and files claims as a courtesy for most plans.
• Online Bill Payment Portal Digital payment system that lets anesthesia patients pay their PAAMG bills online via third-party payment processors ImaginePay (procedures on/after April 1, 2025) and TransSafe (procedures before April 1, 2025), with a separate patient portal phone line.

Quantifiable outcome

• 24/7 dedicated labor and delivery coverage with 30-minute response time to pages

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Providence Alaska Medical CentercoreOthers · 1 January 1992PAAMG has been providing anesthesia services at Providence Alaska Medical Center since 1992. The practice operates exclusively at this facility, providing general, regional, and subspecialty anesthesia care including pediatrics, cardiovascular, and acute pain therapy. The group is augmented by cardiovascular, pediatrics, and acute pain anesthesiologists serving PAMC patients.

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• TeamHealth: National physician staffing organization providing hospital-based coverage including anesthesia services. Comparable as a contracted hospital services provider, though TeamHealth's primary scale is in emergency medicine and hospitalist services.
• Envision Physician Services: A large national physician services organization offering anesthesia, emergency medicine, and hospitalist staffing. Comparable to PAAMG as a hospital-contracted anesthesia provider, though broader in scope and geographically diversified.
• US Anesthesia Partners (USAP): One of the largest anesthesia-focused physician groups in the U.S., backed by private equity. Comparable to PAAMG as a hospital-based anesthesia services practice serving surgical and obstetric patients, but at significantly greater geographic and operational scale.
• North American Partners in Anesthesia (NAPA): A major multi-site anesthesia group providing hospital-based anesthesia, OB, and subspecialty coverage across many states. Comparable to PAAMG in service mix (general, regional, OB anesthesia) but operates at far larger scale and multi-hospital footprint.
• Sheridan Healthcare (now part of Envision): Historically a large anesthesia and specialty physician practice; comparable to PAAMG as a hospital-based anesthesia services group serving OB, pediatric, and cardiac cases, but operating at a much larger multi-state scale.

Others

• LocumTenens.com Anesthesia Division: A national locum tenens and permanent staffing firm placing anesthesiologists and CRNAs at hospitals. Comparable as a labor-supply channel relevant to PAAMG's recruiting and capacity-flexing needs, rather than as a direct competitor for hospital contracts.

Direct peers

• Anesthesia Associates of Ann Arbor: A physician-only anesthesia group providing hospital-based services including subspecialty coverage. Comparable to PAAMG in its physician-owned, single-region model with subspecialty expertise, though larger and serving multiple facilities.
• Anesthesia Medical Group of Santa Barbara: A physician-owned, single-hospital anesthesia practice providing general, OB, and regional anesthesia in a regional medical center. Directly comparable to PAAMG in size, structure, and service mix as a community-hospital anesthesia group.

Regional players

• Pacific Anesthesia Medical Group: A regional hospital-based anesthesia group operating in the Pacific region. Comparable to PAAMG in scope (general, OB, subspecialty anesthesia in a hospital setting) and similar single-region concentration, but serves different geography.

Emerging players

• Compass Anesthesia: A growing anesthesia staffing and services provider focused on hospital contracts. Comparable to PAAMG in service offering (hospital-based anesthesia) but typically smaller and operating across multiple regional sites.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 PROVIDENCE ANCHORAGE ANESTHESIA MEDICAL GROUP