Center for Pain Management announced on January 31 that it acquired Indiana Spine & Pain Institute, a three-clinic pain management practice.
Center for Pain Management receives essential management support provided by American Pain Consortium Holdings, LLC (APC). APC supports a growing network of interventional pain management practices and pain-focused ambulatory surgical centers and provides patient-focused support services.
The acquisition of Indiana Spine & Pain Institute reaffirms Center for Pain Managements dedication to providing exceptional, individualized patient care by industry-leading interventional pain physicians. Terms of the deal were not disclosed. Additionally, this is APC’s second acquisition of the year. Previously, it purchased an ambulatory surgery center in Indiana.
According to data captured in the LevinPro HC database, this acquisition represents the 47th Physician Medical Groups (PMG) transaction of 2023. Throughout January 2022, 77 PMG acquisitions were reported. Yet, the activity seen in 2023 doesn’t necessarily mean that PMG activity is on an overall decline as M&A deal activity in 2022 was so incredibly high.
