FGTB, based in Tampa, FL, provides a comprehensive range of anesthesia and pain management services to hospitals and surgery centers in Florida and Indiana. The company currently provides services to six hospitals in the Tampa Bay area as well as to seven ambulatory surgery centers.

Oliver T. Moses, Partner at MTS, said, “MTS has spent a significant amount of time evaluating the anesthesia services sector and believes that FGTB represents an ideal investment platform in this dynamic and growing industry sector. FGTB’s strong physician leadership has built a company with a sterling clinical reputation and a commitment to provide first-rate service to its hospital and surgery center clients. We look forward to partnering with them to provide additional financial resources and to pursue new opportunities for growth.” Mr. Moses and Alex Buzik, Principal at MTS, will take seats on FGTB’s board, along with additional representatives from the physician group and MTS.

Dr. Mangar said, “We are delighted to partner with MTS as we enter the next phase of our development. We have built strong relationships with leading hospitals and surgical facilities that will provide a solid foundation for future growth. With MTS’s investment we will be well equipped to maintain our industry-leading service offering and strongly positioned to broaden our reach in the marketplace.”

About Florida Gulf-to-Bay Anesthesiology Associates
FGTB is a multi-state practice group which performs a broad range of clinical and administrative services to hospitals and ambulatory surgery centers. Established in 1996 by its President and Chief Executive Officer, Dr. Devanand Mangar, FGTB was started by consolidating the private practices of several cardiac anesthesiologists. The Company currently provides services to six hospitals in the Tampa Bay area and seven ambulatory surgery centers (six located in Florida and one in Indiana). In addition to the administration of anesthesia, primary services provided by FGTB include: recruiting, scheduling and credential coordination, billing and collecting, insurance coverage, continuing medical education services, research, and management training. For further information, please visit (http://www.fgtba.com)

About MTS
MTS Health Investors, LLC, located in New York, is a healthcare private equity firm that makes investments in operating companies within the healthcare industry. MTS targets companies that provide cost-effective solutions in the services and low-technology manufacturing sectors of the healthcare industry. For further information, please visit www.mtshealthinvestors.com.

Just three other medical centers topped the 500 organ transplants completed at Tampa General in 2011, according to new data from the national Organ Procurement and Transplantation Network. The hospital ranked 10th in the nation the previous year.

An increase in patient referrals, additional staff and organ availability contributed to the one-year, 80-transplant increase, said Angie Korsun, Tampa General’s transplant administrator.

Read More at Tampa Tribune

Until recently, most patients didn’t ask many questions about who would be doing their anesthesia. “Patients are more savvy now,” says Agricola, “and their level of concern is often driven by the news cycle.”  The death of Michael Jackson from propofol in 2009 elevated the public’s concern about the risks of anesthesia, Agricola says. Patients started asking questions: What exactly does an anesthesiologist do? Is mine competent? Can I ask for a specific doctor?

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But lately, images of out-of-control Florida pain clinics with lines of addicts — many of them from out of state — has left a stain on this pain business.

Nel, 44, feels the backlash and it makes him angry. Often he’s trying to help someone like Spearance, who is suffering but doesn’t want to be on drugs.

“We’ll find other ways,” he told her.

Read the rest of this St. Pete Times Story

FGTBA Physician discusses Oxycontin abuse and whether Oxycontin should be banned. See the story on MyFoxTampaBay.com

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Photo Courtesy of Mike Matthews

Dr. Mangar, FGTBA CEO/President and Chief of Staff of Tampa General Hospital, spent the day with Charlotte Sutton of the St. Petersburg Times during Tampa General Hospital’s White Coat Mini-Internship Program.  This program runs several times a year and allows members of the community to spend a day observing the daily activities at the hospital. 

See Charlotte Sutton’s column at tampabay.com.  Go to:  http://www.tampabay.com/news/health/training-and-caring-go-hand-in-hand-at-tampa-general/1082942.

The free tickets come from sponsors who donate them back; for example, $10,000 givers get 197 seats, $500 donors got 10. Add elephantine checks from SunTrust Bank and the Wallace Family Foundation, and the Jan. 7 benefit raised $175,000 for TGH’s neonatal intensive care unit.  Read More…

Gulf-to-Bay Anesthesiology Associates provided anesthesia services for the two hour surgery that yielded an immediate 30 percent drop in the patient’s blood pressure when the device was activated. Read More…

With this expansion, GTBA has added 4 new anesthesia providers and a residency program. Largo Medical Center / Sun Coast Hospital is the home of an osteopathic teaching program with five residency programs offered:

• Anesthesiology
• Dermatology
• Family Medicine
• General Surgery
• Internal Medicine.

The Anesthesiology residency program is sponsored by NOVA/Southeastern University. It is a fully accredited, four-year program which provides trainees with the educational and practical experience that will enable them to deliver superior specialized care to patients.

For more information about GTBA Anesthesia Services, please visit fgtba.com.

The procedure started on November 23rd and was spread out over two days and involved a team of as many as 75 doctors, nurses and other health care professionals. About 25 people were in his operating room at any one time, including multiple surgeons, the nursing staff, the anesthesiology team.

Read Full Story at Tampabay.com…