Together Women’s Health (TWH) is off to a strong start for 2024. The company announced, on January 3, that it was expanding its presence in Michigan with the purchase of two obstetrics and gynecology (OB/GYN) practices: Somerset Gynecology & Obstetrics and Mission Obstetrics and Gynecology.
Somerset Gynecology & Obstetrics is based in Troy, Michigan and has five physicians on staff and one physician’s assistant.
Mission Obstetrics and Gynecology is based in Warren, Michigan. According to its website, the practice is run by six physicians.
TWH is a management services organization backed by Chicago-based private equity firm Shore Capital Partners. TWH supports its affiliated practices and physician partners with strategic guidance, administrative resources (including revenue cycle management, marketing, human resources, finance, accounting and IT), operational expertise and capital.
This transaction represents TWH’s sixth and seventh affiliations in Michigan, bringing total affiliations to fifteen. The financial terms were not disclosed.
According to data captured in the LevinPro HC database, this transaction represents the seventh Physician Medical Groups acquisition of 2024, and the first in the OB/GYN specialty. Throughout 2023, 26 OB/GYN transactions were reported.
This is also TWH’s first deal of the year. In 2023, the company purchased two practices and in 2022 it acquired three practices.
