U.S. Urology Partners, a physician-led management services organization (MSO) backed by private equity firm NMS Capital, announced on June 13 it acquired Florida Urology Center. Terms of the transaction were not disclosed.
U.S. Urology Partners provides general urology, surgical procedures, advanced cancer treatment and other ancillary services. With this acquisition, U.S. Urology Partners’ clinical network consists of more than 40 locations throughout the East Coast and Midwest.
Florida Urology Center provides services in five locations including Ormond Beach, Port Orange, Orange City, New Smyrna Beach and Palm Coast. Most of its surgeries are performed in Florida Urology Center’s outpatient surgery center.
According to the LevinPro HC database, this marks the 236th Physician Medical Group (PMG) transaction of 2022, and the sixth deal in the urology subsector. This is an approximately 24% increase from 2021, when there were 190 PMG transactions announced during the same period, with four urology deals announced.
