Provident Healthcare Partners announced on May 3 it has advised Coastal Cancer Center in signing a partnership agreement with OneOncology.
Coastal Cancer Center, which is led by Dr. Emily Touloukian, has six medical oncologists, a hospitalist and eight advanced practice providers. It operates out of four locations in Myrtle Beach, South Carolina.
OneOncology, a portfolio company of General Atlantic, is a national network of independent community oncologists assisting partner practices to expand their cancer care services. Its network includes 850 physicians practicing at more than 180 sites, serving approximately 280,000 patients annually.
The announcement follows OneOncology’s recent acquisition by TPG Capital and AmerisourceBergen Corporation in a deal valued at $2.1 billion.
According to data captured in the LevinPro HC database, this acquisition represents the 183rd Physician Medical Groups transaction of the year. It also marks OneOncology’s second acquisition of the year. In April, the company acquired Hematology Oncology Associates of the Palm Beaches for an undisclosed price.
