Tean Health Closes Secondary Offering of Common Stock

Team Health Holdings Inc. ("TeamHealth")

announced today that its previously announced secondary offering closed on September 17, 2012. 8,000,000 shares of TeamHealth's common stock were sold by its principal stockholder, Ensemble Parent LLC, an investment fund affiliated with The Blackstone Group L.P. TeamHealth did not receive any proceeds from the sale of shares in the offering. BofA Merrill Lynch acted as underwriter for the offering.