Sterling Healthcare and Its Subsidiary Company PhyAmerica Announce a Unique Teaming Agreement With TerraHealth, Inc. (THI) to Support a Military Contract Valued at $1.9 Billion Over 10 Years
On November 15, 2005, The Air Force announced TerraHealth, a division of THI, was awarded a 10 year indefinite delivery/indefinite quantity medical staffing contract to provide physicians, dentists, nurses, dental hygienist, medical technician other medical and dental support personnel to 63 Air Force medical treatment facilities in 58 geographical locations across the country. Twenty-eight teams bid on this effort and five awardees were selected to perform the medical staffing requirements of the contract.
Today, Sterling Healthcare and its subsidiary company, PhyAmerica, executed a Teaming Agreement to help TerraHealth successfully administer and fulfill the staffing requirements of the 10 year contract valued by the government at $1.9B. “We’re delighted to team and proactively work with TerraHealth on this exciting opportunity. THI was formed by and consists of several retired military professionals which I’ve known for over 25 years. Both our organization’s integrity and values are absolutely aligned which will jumpstart our ability to effectively work together. We look forward to adding value to the Air Force Medical Service providing quality services to our nation’s military population,” said Robert J. Bunker, Chairman, President & CEO of Sterling Healthcare. “Over the years, our organization has always admired PhyAmerica’s business and we’re pleased to have the opportunity to work with them and the entire Sterling team in the coming years,” said Steve Lecholop, COO, TerraHealth.
About Sterling Healthcare
For nearly three decades, Sterling Healthcare has been a national leader in the provision of hospital-based physician management services in three key areas: emergency, hospital and critical care medicine. Each year Sterling providers deliver care to more than two million adult and pediatric patients nationwide. Sterling Healthcare is also a leading provider of clinical services to the United States Military Medical Services through its government services subsidiary — PhyAmerica Government Services. Sterling Healthcare is headquartered in Durham, North Carolina. To learn more, visit www.sterlinghealthcare.com.
About TerraHealth
THI is an 8(a), veteran-owned, small disadvantaged company based in San Antonio, Texas. THI employs 400 plus employees located in 32 states. THI consists of three divisions: TerraHealth provides medical staffing (professional, allied health, and administrative) and medical operations support; TerraConsulting provides medical and organizational consulting (business process reengineering, program management, homeland security, and organizational development); and TerraSolutions provides information technology/information management and engineering staff and support services to healthcare organizations. In 2006, Hispanic Business, Inc. named THI as the fastest-growing Hispanic-owned company in the United States. THI has also been cited as the fastest growing company of any size, any category, in San Antonio. For more information, please visit www.thi-terra.com, or contact Don Palen, Vice President, Public Relations, at (210) 475-9881.