Ascend Partners’ Portfolio Company Acquires Metzger Comprehensive Care 

Ascend Partners’ Portfolio Company Acquires Metzger Comprehensive Care 

by | Sep 25, 2023 12:16 pm | Physician Medical Groups, Private Equity | 0 comments

On September 25, Medical Specialists of the Palm Beaches (MSPB) announced its acquisition of a one-physician practice: Metzger Comprehensive Care.   Metzger Comprehensive Care is a concierge medicine practice in Boca Raton, Florida. The practice is run by Dr. Charles Metzger.  Backed by Ascend Partners, MSPB is a primary care-focused, multi-specialty physician group practice in South Florida. It has a team of more than 95 providers and more than 35 offices across the state.  This transaction is MSPB’s third acquisition in 2023 and adds to MSPB’s concierge services. The financial terms of the acquisition were not disclosed.  According to data captured in... Read More »
The Dermatology Specialists Acquires Delaware Valley Dermatology 

The Dermatology Specialists Acquires Delaware Valley Dermatology 

by | Sep 22, 2023 1:10 pm | Physician Medical Groups | 0 comments

The Dermatology Specialists, based in New York City, announced its acquisition of Wilmington, Delaware-based Delaware Valley Dermatology.   Led by Dr. Michael Saruk, MD, FAAD, Delaware Valley Dermatology has been providing dermatologic care for more than two decades. Dr. Saruk, according to the practice’s website, is supported by a staff of two employees.   The Dermatology Specialists was established in 2019 and has since grown to become one of the largest dermatology groups in New York City. With more than 100 providers. The company cares for more than 500,000 patients each year out of more than 40 locations. It offers a comprehensive range of medical, cosmetic... Read More »
Shore Capital-Backed SENTA Partners Acquires Advanced ENT and Allergy

Shore Capital-Backed SENTA Partners Acquires Advanced ENT and Allergy

by | Sep 22, 2023 10:45 am | Physician Medical Groups, Private Equity | 0 comments

Southern Ear Nose Throat & Allergy (SENTA) Partners, a portfolio company of private equity firm Shore Capital Partners, has announced a new partnership with Advanced ENT and Allergy, with locations in Kentucky and Indiana.  Advanced ENT and Allergy is a leading ear, throat & nose (ENT) and allergy practice in the Southern United States, with nearly 170 employees across six locations. According to its website, there are 14 physicians on staff.  Founded in 2019, SENTA Partners is an ENT and allergy management services organization with more than 930 employees, including 180 providers across 66 locations in seven states.  This partnership further solidifies SENTA’s... Read More »
PE-Backed Dental365 Expands Into Pennsylvania 

PE-Backed Dental365 Expands Into Pennsylvania 

by | Sep 20, 2023 3:24 pm | Physician Medical Groups, Private Equity | 0 comments

Dental365 announced that it acquired six dental practices in Pennsylvania: Susquehanna Valley Dental Group in Middleburg; Polit & Costello Dentistry, based out of Pittston; Back Mountain Dental in Shaverton; Wilkes-Barre Township-based NEPA Dental; Coopersburg Dental in Coopersburg; and NEPA Dental West in Forty Fort.  Dental365 is a full-service family dental practice and support organization with locations throughout the New York metropolitan area and Connecticut. Dental365 was acquired by private equity firm The Jordan Company in July 2021.  This acquisition marks Dental365’s entry into Pennsylvania and the seventh state it operates in. With the addition of these... Read More »
Schweiger Dermatology Group Acquires Allergy & Asthma Care of New York

Schweiger Dermatology Group Acquires Allergy & Asthma Care of New York

by | Sep 20, 2023 3:22 pm | Physician Medical Groups, Private Equity | 0 comments

Schweiger Dermatology Group, backed by LLR Partners and SV Health Investors, announced its acquisition of Allergy & Asthma Care of New York, expanding into the allergy and asthma industry. The financial terms of the acquisition were not disclosed.   Allergy & Asthma Care of New York is a leading specialist in the management of allergic and immunologic disorders with two locations in Manhattan. The practice was founded by Dr. Clifford W. Bassett in 1993 and today has two physicians on staff.  Founded in 2010, Schweiger Dermatology Group is one of the largest group dermatology practices in the Northeast, with more than 90 offices and more than 300 healthcare providers... Read More »
What Is Value-Based Care?

What Is Value-Based Care?

by | Sep 19, 2023 1:27 pm | Physician Medical Groups, Private Equity | 0 comments

Value-based care is the future of the U.S. healthcare system. The Centers for Medicare & Medicaid Services (CMS) want all Medicare beneficiaries and the majority of Medicaid beneficiaries to be in value-based care arrangements by 2030 – and the rest of the healthcare marketplace is expected to follow. Value-based care is often promoted as a system with the potential to reduce costs and improve care quality. But what does “value-based care” really mean? How are “value” and “quality” defined? This article attempts to answer those questions as clearly and comprehensively as possible. We’ll explain the structure of value-based care, including the risk types and reimbursement models, why... Read More »