The US Oncology Network announced on September 3 its acquisition of Illinois CancerCare (ILCC).
ILCC is an oncology practice that is headquartered in Peoria, Illinois, with 13 additional locations across the state. ILCC provides medical oncology, diagnostic tests, laboratory services, targeted, biological and hormonal therapies, supportive care services and genetic counseling and testing, as well as cutting-edge clinical trials. According to its website, there are 21 physicians, 37 advanced practice providers and nearly 100 nurses on staff.
Supported by McKesson Corporation, The US Oncology Network provides doctors with access to coordinated resources, best business practices and infrastructure. The company helps more than 2,400 independent physicians care for more than 1.4 million patients annually at approximately 600 sites of care in 30 states.
By adding ILCC to The US Oncology Network, the organization continues its ongoing growth trajectory by expanding its presence into central Illinois. The financial terms were not disclosed.
According to data captured in the LevinPro HC database, this acquisition marks the 336th Physician Medical Group transaction of the year, and the 17th in the oncology specialty. This is also The US Oncology Network’s second acquisition of 2024. In August the company purchased Tennessee Cancer Specialists, a 15-provider practice that operates out of eight locations in Tennessee.
