About Sound Physicians
Sound Physicians is a Healthcare company based in Tacoma (United States) founded in 2001, and was acquired by Summit Partners in April 2018. Management services for acute care healthcare providers are offered. Sound Physicians has raised $2.22 billion across 4 funding rounds from investors including Optum, Accel and Fresenius. The company has 4,307 employees. Sound Physicians has completed 2 acquisitions, including Cogent Healthcare and iNDIGO Health Partners. Its website soundphysicians.com draws about 129 thousand monthly visits. Sound Physicians offers products and services including Emergency Medicine, Critical Care, Telemedicine, Hospital Medicine, and Anesthesia. Its focus areas include Services for Healthcare Providers, BPO and Outsourced Clinical Services. Its competitors include TeamHealth Holdings, Surgery Partners and Matrix Medical Network.
Company details
Sound Physicians was founded in 2001 in Tacoma, United States, within the healthcare sector. Services in emergency medicine, critical care, hospital medicine, transitional care, and advisory support are provided to clinics and hospitals. Operations focus on reducing avoidable readmissions, managing patients with frequent visits, and enhancing workflow collaboration across acute care settings.
- Headquarters Tacoma, United States
- Employees 4,307
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website soundphysicians.com
- Social LinkedIn X Facebook Instagram
- Acquired by Summit Partners (Apr 2018)
- Total Equity Funding$2.22B (USD)
in 4 rounds
- Latest Funding Round$2.2B (USD), Private Equity Round
Jun 2018
- InvestorsOptum
& 9 more
- Employee Count4,307
- Investments & AcquisitionsCogent Healthcare
& 1 more
- Acquired by
Products & Services of Sound Physicians
Sound Physicians offers a comprehensive portfolio of products and services, including Emergency Medicine, Critical Care, Telemedicine, Hospital Medicine, and Anesthesia.
Provides acute emergency care in hospital settings for critical patient needs.
Delivers intensive care services for seriously ill patients in hospitals.
Offers virtual health consultations and monitoring for remote patient support.
Manages general hospital inpatient care and coordination for patients.
Administers anesthesia for surgical procedures in hospital environments.
Funding Insights of Sound Physicians
Sound Physicians has successfully raised a total of $2.22B across 4 strategic funding rounds. The most recent funding activity was a Private Equity Round of $2.2 billion completed in June 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.22B
- Total Rounds 4
- Last Round Private Equity Round — $2.2B
- First Round $15M
(May 2002)
- Investors Count 8
All 4 funding rounds of Sound Physicians with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | $2.2B | Private Equity Round | – | – | |
| Jun 2018 | Private Equity Round | – | – | ||
| Sep 2006 | Series B | – | – | ||
| May 2002 | $15M | Series B | – | – |
10 investors in total: 10 institutional.
Investors in Sound Physicians
Sound Physicians has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Optum, Accel and Fresenius.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global private equity investments are managed by the firm. | athyrium.com | New York, United States | ||
Mid-market companies are targeted for private equity investments. | waudcapital.com | Chicago, United States | ||
| cpvp.com | ||||
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
VC firm for early-stage startups | missionventures.com | San Diego, United States | ||
Venture capital firm managing investments in biotechnology and pharmaceuticals since 1999. | versantventures.com | |||
Summit Partners is recognized as a growth equity investment firm. | summitpartners.com | Boston, United States | ||
Optum is recognized as a leading health solution and care delivery organization. | 2011 | optum.com | Eden Prairie, United States | |
Diversified investment management services are provided by Conning. | 1912 | conning.com | Hartford, United States | |
System-critical products and services for healthcare therapies are provided. | 1912 | fresenius.com | Bad Homburg, Germany |
Investor details for Sound Physicians
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People of Sound Physicians
122 people are tracked at Sound Physicians (91 in leadership, 31 in team); the tracked headcount is 4,307.
| Name | Role | Group |
|---|---|---|
Nancy Kane | Vice President Of Operations | Leadership |
Meghan O'Brien | Chief Operating Officer, Critical Care | Leadership |
Holly Kunz | Vice President Operations, Emergency Medicine | Leadership |
Ryan McClymonds | Regional Vice President Of Operations | Leadership |
Lynn Smith | Vice President-emergency Services | Leadership |
Nona Yunzhu Mei M.D. | Critical Care Associate Regional Medical Director | Leadership |
Susan Barone | Vice President Customer Success Advisory Services & Hospital Medicine Integration | Leadership |
Amy O'Brien | Vice President Of Business Development | Leadership |
Billy Watson | Senior Vice President, Business Development | Leadership |
Jordan Leedle | Vice President Of Operations | Leadership |
Tamara Beard M.D. | Emergency Medicine Medical Director | Leadership |
Tushar Sonak | Director Of Software Development | Leadership |
Sarah Moody | Senior Director, Regional Finance | Leadership |
Jenni Mathe | Director Of Account Management, Accountable Care Organization | Leadership |
Katie Lambert | Director Of Technology Services | Leadership |
Melissa Ginter | Vice President Finance | Leadership |
Stephanie Perry | Group Vice President Of Operations | Leadership |
Terry Cameron | President, Advisory Services | Leadership |
Melissa Bryant | Regional Vice President Of Operations | Leadership |
Eugene L. | Controller & VP Of Accounting | Leadership |
102 more people are available in the full profile.
Complete people profiles for Sound Physicians
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Investments & Acquisitions by Sound Physicians
Sound Physicians has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Cogent Healthcare and iNDIGO Health Partners.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of emergency medicine, transitional care and physician advisory services | indigohealthpartners.com | Traverse, United States | 1993 | Jun 2019 | •••• | |
Physician staffing and practice management services are provided. | cogenthealthcare.com | Brentwood, United States | 1999 | Nov 2014 | •••• |
Complete acquisition details for Sound Physicians
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Timeline of Sound Physicians
7 dated milestones of Sound Physicians across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Sound Physicians is founded.
- Funding First funding round of $15.0M.
- Exit Acquired by Fresenius.
- Acquisition Acquires Cogent Healthcare.
- Exit Acquired by Summit Partners.
- Funding Latest funding round, Private Equity Round, of $2.2B.
- Acquisition Acquires iNDIGO Health Partners.
Competitors of Sound Physicians
Sound Physicians has 3 listed competitors in our database. They include TeamHealth Holdings, Surgery Partners and Matrix Medical Network.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| teamhealth.com | 1979 | Knoxville, United States | Hospital-based clinical outsourcing | |||
| surgerypartners.com | 2004 | Brentwood, United States | 13,500 | Surgical facilities and ancillary services are operated nationwide. | ||
| matrixmedicalnetwork.com | 2001 | Scottsdale, United States | Data analytics and managed services are provided for healthcare sectors. |
Detailed competitors of Sound Physicians
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Web traffic of Sound Physicians
The website of Sound Physicians (soundphysicians.com) receives about 129.3K visits a month.
- Monthly visits129.3K
▲ 3.5% vs previous month
Websites whose visitors overlap most with Sound Physicians. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| shiftadmin.com | 100% | 693.5K | #66,258 | View details | |
| nuvancehealth.org | 93% | 480.8K | #109,497 | View details | |
| teamhealth.com | 91% | 488K | #99,001 | View details | |
jobs.practicelink.com | jobs.practicelink.com | 88% | #172,746 | – | |
todayshospitalist.com | todayshospitalist.com | 86% | #2,564,344 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for Sound Physicians
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- 26 similar websites
- Audience overlap
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Top companies in Healthcare Provider Support Services
3 companies that operate in the same segment as Sound Physicians (Healthcare Provider Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of self funded health plan | 2017 | New York, New York, United States | USD 224 M | 212 | ||
Provider of AI solutions for clinical, operational, and business outcomes | 2005 | Princeton, New Jersey, United States | USD 1.13 B | USD 465.22 M | 5,442 | |
AMN Healthcare is recognized as a leading healthcare staffing provider. | 1985 | San Diego, California, United States | USD 2.73 B | 2,970 |
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Related news about Sound Physicians
Complete news archive for Sound Physicians
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Frequently Asked Questions about Sound Physicians
Sound Physicians was founded in 2001 and raised its 1st funding round 1 year after it was founded.
Sound Physicians is headquartered in Tacoma, United States. It is registered at Tacoma, Washington, United States.
Sound Physicians is a funded company, having raised a total of $2.22B across 4 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on May 2002.
Sound Physicians has 4,307 employees.
Sound Physicians was founded in 2001 in Tacoma, United States, within the healthcare sector. Services in emergency medicine, critical care, hospital medicine, transitional care, and advisory support are provided to clinics and hospitals. Operations focus on reducing avoidable readmissions, managing patients with frequent visits, and enhancing workflow collaboration across acute care settings.
Sound Physicians's top competitors include Surgery Partners, TeamHealth Holdings and Matrix Medical Network.
Sound Physicians offers Emergency Medicine, Critical Care, Telemedicine, Hospital Medicine, and Anesthesia.
Sound Physicians has made 2 acquisitions, including Cogent Healthcare, and iNDIGO Health Partners.
Sound Physicians has 10 investors. Key investors include Optum, Accel, Fresenius, Conning, and Athyrium Capital Management.
Yes. Sound Physicians was acquired by Summit Partners in April 2018.
The website of Sound Physicians receives about 129 thousand visits a month.