What is Team Health Holdings Financial Strength?
Team Health Holdings has the Financial Strength Rank of 0.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Team Health Holdings's Interest Coverage for the quarter that ended in Sep. 2016 was 2.24.
Team Health Holdings's debt to revenue ratio for the quarter that ended in Sep. 2016 was 0.59.
As of today, Team Health Holdings's Altman Z-Score is 0.00.
Competitive Comparison of Team Health Holdings's Financial Strength
For the Staffing & Employment Services subindustry, Team Health Holdings's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Team Health Holdings's Financial Strength Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Team Health Holdings's Financial Strength distribution charts can be found below:
* The bar in red indicates where Team Health Holdings's Financial Strength falls into.
Team Health Holdings Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Team Health Holdings's Interest Expense for the
months ended in Sep. 2016 was $-29 Mil. Its Operating Income for the
months ended in Sep. 2016 was $64 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $2,299 Mil.
Team Health Holdings's Interest Coverage for the quarter that ended in Sep. 2016 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Team Health Holdings's Debt to Revenue Ratio for the quarter that ended in Sep. 2016 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Team Health Holdings has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Team Health Holdings (Team Health Holdings) Business Description
Traded in Other Exchanges
N/A
Address
Team Health Holdings Inc was founded in 1979. It is the suppliers of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States, based upon revenues and patient visits. It serves approximately 3,400 civilian and military hospitals, clinics and physician groups in 47 states with a team of more than 18,000 affiliated healthcare professionals, including physicians, physician assistants, nurse practitioners and nurses. It recruits and contracts with healthcare professionals who then provide professional services within third-party healthcare facilities. It is a physician-founded organization with physician leadership throughout its business and since its inception in 1979; it provided outsourced services in hospital emergency departments, or EDs. It also provides comprehensive programs for hospital medicine, anesthesiology, pediatrics and other healthcare services, by providing permanent staffing that enables the management teams of hospitals and other healthcare facilities to outsource certain management, recruiting, hiring, payroll, billing and collection and benefits functions. The range of services that it provides to its clients include: recruiting, scheduling & credential coordination for clinical and non-clinical medical professionals; coding, billing & collection of fees for services provided by medical professionals; provision of experienced medical directors; administrative support services, such as payroll, professional liability insurance coverage, continuing medical education services & management training; risk & claims management services and standardized procedures. Healthcare facilities seek third-party physician staffing and administrative service providers that not only could improve department quality, productivity and patient satisfaction while reducing overall costs, but also offer a breadth of staffing and management services, billing & reimbursement expertise, a reputation for regulatory compliance, financial stability and a demonstrated ability to recruit & retain qualified physicians and technicians & nurses. It competes against local physician groups and self-operated hospital EDs. Its operations and relationships with healthcare providers such as hospitals are subject to increasing regulations by numerous federal, state and local governmental entities.
Executives
| Jana Partners Llc |
director |
767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153 |
| Scott Ostfeld |
director |
767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153 |
| Kenneth H Paulus |
director |
5420 FELTL ROAD, MINNETONKA MN 55343 |
| James L Bierman |
director |
9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116 |
| Glenn A. Davenport |
director |
TEAM HEALTH HOLDINGS, 1900 WINSTON ROAD, SUITE 300, KNOXVILLE TN 37919 |
| Vicky B Gregg |
director |
1 CAMERON HILL CIRCLE, CHATTANOOGA TN 37402 |
| Edwin M Crawford |
director |
3000 GALLERIA TOWER, STE 1000, BIRMINGHAM AL 35244 |
| Michael D Snow |
director, officer: President and CEO |
23 MAYMONT WAY, THE WOODLANDS TX 77382 |
| Joseph L Herring |
director |
210 CARNEGIE CENTER, PRINCETON NJ 08540 |
| Greg Roth |
other: Consultant |
ONE PARK PLAZA, NASHVILLE TN 37203 |
| Steven B Epstein |
director |
|
| Blackstone Holdings Iii Gp Management L.l.c. |
10 percent owner |
C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
| Blackstone Holdings Iii Gp L.p. |
10 percent owner |
C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
| Blackstone Management Associates Iv Llc |
10 percent owner |
C/O THE BLACKSTONE GROUP, 345 PARK AVE, NEW YORK NY 10154 |
| Blackstone Holdings Iii L.p. |
10 percent owner |
C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
Team Health Holdings (Team Health Holdings) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TMH has been successfully added to your