[TEAM HEALTH LOGO]

FOR IMMEDIATE RELEASE                          Contact:
---------------------                          John D. Lovallo
                                               Ogilvy Public Relations Worldwide
                                               212-880-5216
                                               john.lovallo@ogilvypr.com

        Team Health, Inc. Completes Tender Offer and Consent Solicitation


KNOXVILLE, Tenn., March 30, 2004 - Team Health, Inc. (the "Company") announced
today that it has completed a cash tender offer and consent solicitation (the
"Offer") for any and all of its $100.0 million aggregate principal amount of 12%
Senior Subordinated Notes due 2009 (CUSIP No. 87815VAC7) (the "Notes").

The Offer expired at 12:00 midnight, New York City time, on Monday, March 22,
2004 (the "Expiration Date"). The consent solicitation expired at 5:00 p.m., New
York City time, on Thursday, March 11, 2004 (the "Consent Date"). Holders
tendering their Notes were required to consent to certain proposed amendments to
the indenture governing the Notes, which eliminated substantially all of the
restrictive covenants.

Holders who validly tendered their notes by the Consent Date received the total
consideration of $1,082.50 per $1,000 principal amount of Notes. Holders who
validly tendered their Notes after the Consent Date and prior to the Expiration
Date received as payment for the Notes $1,062.50 per $1,000 principal amount of
Notes. Pursuant to the Offer, on March 23, 2004, the Company repurchased Notes
with an aggregate principal amount of $91,750,000 for an aggregate purchase
price of $99,539,041.70 (including the payment of the consent fee with respect
to the Notes entitled to such fee).



In addition to the Offer, on March 23, 2004, the Company (i) consummated a
private offering of a new series of senior subordinated notes, (ii) entered into
new senior secured credit facilities, (iii) redeemed its outstanding preferred
stock and (iv) paid a dividend to holders of the Company's common stock. Upon
the closing of these transactions, the Company issued a redemption notice
calling for all of the Notes which were not purchased in the Offer (i.e.,
$8,250,000 principal amount) at a price equal to 108% of the principal amount
thereof, plus accrued and unpaid interest to April 22, 2004 (the "Redemption
Date"), or $9,011,750.

The Company issued the new senior subordinated notes in a transaction that will
not be and has not been registered under the Securities Act of 1933, as amended,
or any state securities laws and the new notes may not be offered or sold in the
United States absent registration or an applicable exemption from the
registration requirements of the Securities Act and applicable state securities
laws. This press release does not constitute an offer to sell or the
solicitation of an offer to buy any security.

                                       ###


                                      -2-