Somnia Anesthesia Named in Modern Healthcare's Inaugural Healthcare's Hottest Recognition Program

Award Recognizes the Fastest Growing U.S. Healthcare Companies


NEW ROCHELLE, N.Y., July 27, 2012 (GLOBE NEWSWIRE) -- Somnia Anesthesia today announced it has been recognized in Modern Healthcare's brand new Healthcare's Hottest award. The magazine's Healthcare's Hottest program recognizes the fastest growing healthcare companies that are headquartered in the U.S., have at least $20M in revenue for 2011 and have been in business for five years or more.

Established by anesthesiologists in 1996, Somnia is an anesthesia practice management company serving hospitals and surgery centers nationwide. The company manages all aspects of anesthesia services including recruiting, credentialing, contracting, scheduling, revenue management and quality management. Somnia has a market-leading Clinical Quality Excellence program, and was the first anesthesia-only management company to be named a Patient Safety Organization by the Agency for Healthcare Research & Quality.

"Somnia's growth reflects our company's strong commitment to quality, efficiency and excellent patient care," says Marc Koch, MD, MBA, president and chief executive officer of Somnia. "We are proud to be named to the Healthcare's Hottest list, and equally proud that an increasing number of hospitals around the country have chosen us to manage and improve their anesthesia services."

This is the second time in recent months that Somnia was recognized for its strong growth. In June, the company was named one of the 50 fastest-growing companies in the New York metropolitan area by Crain's New York Business.

"Being named to Modern Healthcare's list of the Healthcare's Hottest for 2012 demonstrates Somnia's ability to increase their financial health despite the economic downturn and tepid recovery," said Fawn Lopez, vice president and publisher of Modern Healthcare.

The 2012 Healthcare's Hottest program identified the 40 fastest growing companies in the following sectors:

  • Hospitals/hospital systems
  • Physician group practices
  • Payers/insurers
  • Suppliers

About Somnia Anesthesia

Somnia Anesthesia optimizes anesthesia services for healthcare facilities throughout the country by combining clinical excellence with unparalleled management acumen. Owned and operated by anesthesiologists since 1996, Somnia provides a turnkey, solutions-based approach to anesthesia management. With an extensive in-house infrastructure and a single-minded focus on anesthesiology, Somnia builds and manages local anesthesia teams that consistently deliver the highest quality patient care, enhance operating room performance, increase revenues, and achieve full surgeon and patient satisfaction. For more information visit: www.somniainc.com.

About Modern Healthcare

Modern Healthcare is the industry's most trusted, credible and relied-upon news source. Modern Healthcare examines the most pressing healthcare issues and provides executives with the information they need to make the most informed business decisions and lead their organizations to success. It's for this reason Modern Healthcare is deemed a "must-read publication" by the who's who in healthcare.

In addition to our weekly magazine, we provide news via our award-winning website, ModernHealthcare.com; four daily e-newsletters, Modern Healthcare A.M., Daily Dose, Health IT Strategist and Modern Physician; and breaking news email service, Modern Healthcare Alert. To subscribe, please call Modern Healthcare at 888-446-1422 or visit modernhealthcare.com/subscriptions.

All submitted financial documentation was tabulated and analyzed by Modern Healthcare. A sample of Modern Healthcare's tabulations were independently assessed by the accounting and management consulting firm of Deloitte & Touche, a subsidiary of Deloitte LLP, which provides audit, tax, consulting, and financial advisory services to companies of all sizes including a practice dedicated to middle-market firms.

Contact:
Melissa Weisstuch
914.637.3533
mweisstuch@somniainc.com

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