Sound Physicians

Tacoma, United States Founded: 2001 • Age: 25 yrs Acquired By Summit Partners
Management services for acute care healthcare providers are offered.
Annual revenue - Latest available
Total funding $2.2B 4 rounds
Employees 4307 Tracked headcount
Investors 10 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About Sound Physicians

Sound Physicians is a company based in Tacoma (United States) founded in 2001 was acquired by Summit Partners in April 2018. Sound Physicians has raised $2.22 billion across 4 funding rounds from investors including Optum, Accel and Fresenius. The company has 4,307 employees as of December 31, 2020. Sound Physicians has completed 2 acquisitions, including Cogent Healthcare and iNDIGO Health Partners. Sound Physicians offers products and services including Emergency Medicine, Critical Care, Telemedicine, Hospital Medicine, and Anesthesia. Sound Physicians operates in a competitive market with competitors including TeamHealth Holdings, Surgery Partners, Matrix Medical Network, Shields Health Solutions and Vanguard Healthcare Solutions, among others.

  • Headquarter Tacoma, United States
  • Employees 4307 as on 31 Dec, 2020
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.22 B (USD)

    in 4 rounds

  • Latest Funding Round
    $2.2 B (USD), Private Equity Round

    Jun 28, 2018

  • Investors
    Optum

    & 9 more

  • Employee Count
    4307

    as on Dec 31, 2020

  • Investments & Acquisitions
  • Acquired by
    Summit Partners

    & 1 more

    (Apr 21, 2018)

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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.

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Primary

Provides acute emergency care in hospital settings for critical patient needs.

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Delivers intensive care services for seriously ill patients in hospitals.

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Offers virtual health consultations and monitoring for remote patient support.

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Manages general hospital inpatient care and coordination for patients.

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Administers anesthesia for surgical procedures in hospital environments.

People of Sound Physicians

Headcount 5000-10000
Employee Profiles 122
Employee Profiles
People
Meghan O'Brien
Chief Operating Officer, Critical Care
People
Brian Stevens
Lead Software Test Engineer
People
Ryan McClymonds
Regional Vice President Of Operations
People
Lynn Smith
Vice President-emergency Services

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Global private equity investments are managed by the firm.
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Mid-market companies are targeted for private equity investments.
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Investor details for Sound Physicians

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  • Investor locations
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  • Participation history

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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.

Investments
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Investment portfolio details for Sound Physicians

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Physician staffing and practice management services are provided.
Locked Locked 1999 Locked
Provider of emergency medicine, transitional care and physician advisory services
Locked Locked 1993 Locked
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Complete acquisition details for Sound Physicians

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Financial Statements - Sound Physicians

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Detailed financials for Sound Physicians

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Sound Physicians Comparisons

Sound Physicians Primary company
Description
Management services for acute care healthcare providers are ...
Location
Tacoma, United States
Founded Year
2001
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
4,307
As of 2020
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Peer comparison for Sound Physicians

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Competitors of Sound Physicians

Sound Physicians operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TeamHealth Holdings, Surgery Partners, Matrix Medical Network, Shields Health Solutions and Vanguard Healthcare Solutions, among others.

Company Name Domain Founded year HQ Location Description
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Hospital-based clinical outsourcing
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Surgical facilities and ancillary services are operated nationwide.
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Data analytics and managed services are provided for healthcare sectors.
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Pharmacy acceleration services are provided to healthcare organizations nationwide.
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Outsourced mobile clinical services are provided to healthcare facilities.
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Detailed competitors of Sound Physicians

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Latest news on Sound Physicians

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Complete news archive for Sound Physicians

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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.

As of Dec 31, 2020, the latest employee count at Sound Physicians is 4,307.

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 Surgical Affiliates.

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.

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