On July 15 Atlantic Health System (AHS) announced that it was acquiring Premier Health Associates, LLC to create a joint venture.
Premier Health Associates, LLC is a multi-specialty physician group, focused on primary-care delivery across 16 locations in Sussex, Warren and Morris Counties in New Jersey and Pike County, Pennsylvania. Premier Health provides care in the following specialties: gastroenterology, orthopedics/sports medicine, endocrinology, pulmonology, rheumatology, general/colorectal surgery, interventional pain management, chiropractic medicine, acupuncture and imaging. According to its website, it has 36 providers on staff.
AHS is one of the largest non-profit health care systems in New Jersey with seven acute-care hospitals as well as Atlantic Rehabilitation, Atlantic Home Care and Hospice and Atlantic Medical Group. It is a portfolio company of Geisinger Health.
Under the terms of the joint venture, Atlantic Health System will be the majority owner of the new organization, which will retain the title of Premier Health Associates. The financial terms were not disclosed.
According to data captured in the LevinPro HC database, this acquisition represents the 273rd Physician Medical Group transaction of the year, and the 18th in the internal medicine specialty.
