Midwest Anesthesia Partners, LLC

What Midwest Anesthesia Partners, LLC does

Midwest Anesthesia Partners, LLC is an independent, physician-owned anesthesia group practice founded in 2012 and headquartered in the Greater Chicagoland area of Illinois. The group delivers comprehensive anesthesia and pain management services across nine specialty lines: general, pediatric, cardiac, obstetrical, neuro, regional, critical care, ambulatory, and interventional pain management. Care is provided by Board Certified Anesthesiologists operating within care team models that may include CRNA collaboration, and physicians are fully integrated into the medical staffs, committees, and governing boards of contracted hospitals.

MAP's customer base consists of acute-care hospitals and ambulatory surgery centers, including large regional systems such as UChicago Medicine AdventHealth, Northwestern Medicine, Advocate Good Samaritan, and Ascension Saint Alexius, alongside a long tail of outpatient surgical facilities across Chicagoland. The group generates revenue through contracted anesthesia service delivery to these facilities, with billing and collections handled by Anesthesia Business Consultants and operational management supported by Merus Management Group. In 2023, MAP created Chicago Anesthesia Leaders as a wholly-owned subgroup focused on ambulatory surgery center anesthesia care, a defensive move intended to preserve physician independence against industry trends of hospital employment and private equity acquisition of anesthesia practices.

Strategically, MAP positions itself as 'fiercely independent' and is a founding member of the Association for Independent Medicine, an advocacy organization for independent physician practice. The group markets evidence-based practice, clinical safety, and physician-led governance as core differentiators, and claims one of the lowest mortality rates in the area for critically ill patients. The business is privately held with no institutional investors, no public revenue disclosure, no funding rounds, and no M&A activity on record; its operations are entirely regional within the Greater Chicagoland market.

Name

Midwest Anesthesia Partners, LLC

Legal name

Midwest Anesthesia Partners, LLC

Website

https://midwestap.com

Company type

Private

Founded year

2012

Operating status

Operating

Short description

Midwest Anesthesia Partners is an independent, physician-owned anesthesia group practice founded in 2012 that delivers comprehensive anesthesia and pain management services across nine specialties to hospitals and ambulatory surgery centers throughout the Greater Chicagoland area.

Ownership category

akta.pro rank

Product category

Anesthesia Services

NAICS

Offices of Physicians (except Mental Health Specialists) (621111), Ambulatory Health Care Services (621)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Health Services (8000), Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Perioperative Anesthesia Services & Management (HLAFAIAM)

Keywords

• Anesthesia services
• Anesthesiology practice
• Pain management
• Ambulatory anesthesia
• Cardiac anesthesia

Headquarters

HQ city

Naperville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others, Technology or R&D

Revenue model

1. Anesthesia Services to Healthcare Facilities: Provides contracted anesthesia services to hospitals, ambulatory surgery centers, and healthcare facilities. Revenue is generated through healthcare service delivery, either through direct billing for anesthesia services or through contractual arrangements with healthcare facility partners.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Midwest Anesthesia Partners is a physician-owned and physician-led independent anesthesiology group practice that delivers contracted anesthesia services to hospitals and ambulatory surgery centers across the Greater Chicagoland area. Its services span general, pediatric, cardiac, obstetrical, neurological, regional, critical care, ambulatory, and interventional pain management anesthesia, provided through care team models composed of Board Certified Anesthesiologists (many with sub-specialty fellowship training) and CRNAs who integrate into the medical staffs of partner facilities.

Product overview

Midwest Anesthesia Partners is a physician-led independent anesthesia group providing comprehensive anesthesia and pain management services across Greater Chicagoland. The organization offers a portfolio of specialized services including General Anesthesiology, Pediatric Anesthesia, Cardiac Anesthesia, Obstetrical Anesthesia, Neuro, Regional, Critical Care Service, Ambulatory, and Interventional Pain Management. In 2023, the company expanded its offerings by creating Chicago Anesthesia Leaders as a dedicated subgroup for ambulatory surgery centers. The company utilizes Board Certified Anesthesiologists in care team models and is integrated into medical staffs at hospital campus locations.

Differentiator

Problem solved

Functional benefit

Brands

• Chicago Anesthesia Leaders: A subgroup of MAP focused on anesthesia care for ambulatory surgery centers, created in 2023 to address ASC needs while allowing MAP physicians to maintain independence with flexible scheduling.

Products and services

• General Anesthesiology Core anesthesia service covering pre-anesthetic evaluation and treatment, medical management of patients and their anesthetic procedures, post-anesthetic evaluation and treatment, and on-site medical direction of non-physician assistants, delivered to hospitals and surgery centers across the Greater Chicagoland area.
• Pediatric Anesthesia Sub-specialty pediatric anesthesia care provided by sub-specialty trained pediatric anesthesiologists, tailored to children's specific needs, including preoperative tours, postoperative pain control using single-shot and neuraxial catheters, and 24-hour pain management.
• Cardiac Anesthesia Anesthesia services for cardiac surgery delivered by physicians with additional training in anesthesia for cardiac surgery, featuring intensive monitoring for critically ill patients requiring invasive cardiac surgery.
• Obstetrical Anesthesia Obstetric anesthesia care provided by dedicated physicians and CRNAs specializing in regional anesthesia techniques including epidurals and spinal anesthetics for labor and delivery, including Cesarean Sections, with comprehensive preoperative planning and postoperative pain management lasting up to 24 hours.
• Neuro Anesthesia Neuro-specific anesthesia services for brain and spinal cord surgeries using cutting-edge techniques and close neurological function monitoring.
• Regional Anesthesia Regional anesthesia services focusing on tailored pain management solutions using advanced techniques such as nerve blocks and epidurals to minimize the need for general anesthesia.
• Critical Care Service Critical care medicine delivered by physicians with additional training in Critical Care Medicine, managing pre- and post-operative care of critically ill patients and responsible for establishing some of the lowest mortality rates in the area for critically ill patients.
• Ambulatory Anesthesia Ambulatory anesthesia services for outpatient procedures using safe, short-acting anesthetic techniques that enable quick recovery and same-day discharge, delivered to ambulatory surgery centers across the Chicagoland area.
• Interventional Pain Management Minimally invasive interventional pain procedures to diagnose and treat pain, delivered by fellowship-trained anesthesiologists in interventional pain management.
• Chicago Anesthesia Leaders A MAP subgroup dedicated to anesthesia care for ambulatory surgery centers, allowing MAP physicians to maintain independence while offering ASCs a dedicated team and flexible scheduling.

Quantifiable outcome

• One of the lowest mortality rates in the area for critically ill patients
• +1 more outcomes

Named customers21 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Chicago Anesthesia LeaderscoreStrategic or Co-development Partner · 1 January 2023In 2023, MAP created a new subgroup called Chicago Anesthesia Leaders focused specifically on anesthesia care for ambulatory surgery centers. This creative approach addresses ASC needs for dedicated anesthesiologist teams while allowing MAP physicians to maintain independence with flexible schedules prioritizing work-life balance.
• Association for Independent MedicinecoreStrategic or Co-development PartnerMAP is a founding member of the Association for Independent Medicine, an organization dedicated to protecting and promoting independent physician practice in anesthesiology against hospital employment and private equity consolidation trends.
• Anesthesia Business Consultants, LLCcoreImplementation/ SI/ Consulting PartnerBilling services provided by Anesthesia Business Consultants. Located at 255 West Michigan Avenue, Jackson, MI 49201. Contact: Jennifer Bronson at 800-242-1131 ext. 5319. Provides comprehensive billing and revenue cycle management for anesthesia services.
• Merus Management Group, Ltd.minorImplementation/ SI/ Consulting PartnerManagement services provided by Merus Management Group, Ltd. Located at 387 Shuman Boulevard, Suite 240W, Naperville, Illinois 60563. Provides operational management support services.
• Illinois Society of AnesthesiologistsminorOthersMAP members participate in the Illinois Society of Anesthesiologists, a professional medical association representing anesthesiologists in Illinois.
• Illinois State Medical SocietyminorOthersMAP members participate in the Illinois State Medical Society, a professional organization serving Illinois physicians.

Scale indicators2 records

Recent moves3 records

Expansion highlights5 records

Broad incumbents

• Sound Physicians: Physician-led practice specializing in hospital medicine and critical care with growing perioperative and anesthesia-adjacent services. Overlaps with MAP's critical care and hospital-based delivery model, though Sound's center of gravity is hospitalist rather than anesthesia.
• Pediatrix Medical Group: National physician group historically focused on neonatology and pediatric subspecialties, including pediatric anesthesia services through affiliated practices. Comparable on sub-specialty pediatric anesthesia and OB/neonatal-adjacent delivery where MAP's pediatric anesthesia group overlaps.
• TeamHealth: Large clinical staffing organization with hospital-based anesthesiology as one of several service lines alongside emergency medicine and hospital medicine. Comparable on contracted delivery model and breadth of hospital partnerships, but operates at much larger scale and is multi-specialty rather than anesthesia-pure.
• Envision Healthcare: National physician services company historically spanning anesthesiology, emergency medicine, and radiology. Directly comparable on hospital-based anesthesia delivery, though Envision's broader portfolio and corporate structure contrast with MAP's single-specialty, physician-owned focus.

Emerging players

• PhyMed Healthcare Group: Physician-led anesthesia and pain management group serving hospitals and surgery centers across multiple US regions. Directly comparable to MAP in care-team anesthesia model and multi-specialty scope, but smaller and more recently assembled than MAP's 12-year Greater Chicagoland footprint.

Regional players

• Associated Anesthesiologists of Joliet: Independent physician anesthesia group serving hospitals and surgery centers in the greater Chicagoland/Illinois region. Direct regional comparable to MAP in geography and independent ownership structure, though smaller scale.

Direct peers

• U.S. Anesthesia Partners (USAP): PE-backed national anesthesia group providing hospital-based and ASC anesthesia services with a clinically-led model similar to MAP. Closest direct competitor on physician-led service delivery, multi-specialty coverage (including cardiac and OB), and contracted facility relationships — representing the consolidation pressure MAP explicitly cited in its 2023 strategy.
• North American Partners in Anesthesia (NAPA): One of the largest single-specialty anesthesia and perioperative management companies in the US, providing hospital and ASC anesthesia staffing across multiple states. Directly comparable to MAP in care-team model, sub-specialty coverage, and contracted delivery to hospitals and ASCs, but at much larger geographic scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/midwest-anesthesia-partners-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

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 Midwest Anesthesia Partners, LLC