Cardiovascular Associates of America (CVAUSA) announced on December 7 that it acquired Southwest Cardiovascular Associates, representing the 562nd Physician Medical Groups transaction of the year.
CVAUSA is a physician management services organization headquartered in Celebration, Florida. Through CVAUSA’s physician-centered practice management model, physicians drive clinical care and practice culture, while benefiting from the business expertise and shared resources available through CVAUSA.
Southwest Cardiovascular Associates is a preeminent cardiovascular practice in Arizona that is also active in clinical trials, including the upcoming Integra-D study assessing a device that combines Cardiac Contractility Modulation therapy and a single-chamber defibrillator for patients with heart failure and reduced ejection fraction. The practice has three locations in Arizona and is run by seven doctors.
This acquisition is CVAUSA’s first in Arizona and its sixth purchase of the year. The financial terms of the transaction were not disclosed.
According to the LevinPro HC database, this transaction marks the 11th cardiology acquisition of the year, and the fifth in the quarter.
