Cincinnati Children’s Hospital Broadens Foothold with Acquisition of West Chester Pediatrics

Cincinnati Children’s Hospital Broadens Foothold with Acquisition of West Chester Pediatrics

by | Aug 15, 2022 2:40 pm | Physician Medical Groups | 0 comments

Cincinnati Children’s Hospital Medical Center announced on August 11 that it will acquire West Chester Pediatrics for an undisclosed amount. The acquisition will take effect on October 24, 2022.  Founded in 1992, West Chester Pediatrics has one location in West Chester, Ohio, a suburb of Cincinnati. It provides a variety of pediatric services from vaccines to regular checkups. Through its two physicians, it serves more than 2,000 patients. Cincinnati Children’s Hospital Medical Center, a nonprofit academic medical center established in 1883, is one of the oldest pediatric hospitals in the U.S. With more than 650 inpatient pediatric beds, it has 26 locations that serve the Cincinnati... Read More »
PE-Backed Pinnacle Fertility Acquires Seattle Fertility Clinic

PE-Backed Pinnacle Fertility Acquires Seattle Fertility Clinic

by | Aug 1, 2022 1:03 pm | Physician Medical Groups, Private Equity | 0 comments

Pinnacle Fertility announced on July 27 that it acquired Seattle Reproductive Medicine, marking the 17th fertility acquisition of the year. The financial terms of the transaction were not disclosed.  Seattle Reproductive Medicine (SRM) operates six locations in Washington state. It has welcomed more than 12,000 babies into the world and frozen nearly 37,000 eggs. Currently, it employs 29 physicians.   Backed by Webster Equity Partners, Pinnacle Fertility supports high-performing fertility clinics and comprehensive fertility service providers nationwide. Pinnacle clinics offer innovative technology and processes and comprehensive fertility treatment services, ensuring families... Read More »
Physician Medical Group M&A Activity Rises 5% in Q2:22

Physician Medical Group M&A Activity Rises 5% in Q2:22

by | Jul 18, 2022 1:11 pm | Healthcare Market Updates, Physician Medical Groups | 0 comments

M&A activity in the Physician Medical Group (PMG) sector rose in Q2:22, reaching 142 publicly announced deals, which is a 5% increase from Q1:22 that saw 135 deals and a 35% increase from Q2:21 that saw 105 deals, according to LevinPro HC. This indicates that the PMG M&A market is not only stable but growing. However, while deal quantity shot up, disclosed spending was down by a fair amount. In Q2:22, disclosed spending barely reached $386 million, which is a major reduction from the previous quarter that had more than $1.5 billion in total disclosed sale prices. It is even a decline from Q2:21 that saw $489.2 million in announced prices. The largest PMG deal of the quarter was... Read More »
​​Harvest Partners’ Dental Care Alliance Expands Into New York and Texas

​​Harvest Partners’ Dental Care Alliance Expands Into New York and Texas

by | Jul 11, 2022 10:07 am | Physician Medical Groups, Private Equity | 0 comments

Dental Care Alliance announced that it acquired Nevid Dental in Pawling, New York, and Burleson Pediatric Dentistry in Burleson, Texas, for undisclosed prices. The acquisitions mark Dental Care Alliance’s fifth and sixth deals of 2022 and the company’s 11th deal in the LevinPro HC database. Founded in 1991 and headquartered in Sarasota, Florida, Dental Care Alliance (DCA) is a portfolio company of Harvest Partners, LP. DCA is one of the largest multi-branded dental support organizations in the U.S., with 380 affiliated dental offices and more than 775 dentists across 21 states. DCA’s allied practices represent all dental specialties and treat patients under more than 140 brand names. Nevid... Read More »
PE-Backed Advanced Dermatology and Cosmetic Surgery Acquires Esterson Dermatology

PE-Backed Advanced Dermatology and Cosmetic Surgery Acquires Esterson Dermatology

by | Jun 28, 2022 2:22 pm | Physician Medical Groups, Private Equity | 0 comments

Advanced Dermatology and Cosmetic Surgery (ADCS), a portfolio company of private equity firms Harvest Partners and Audax Private Equity, announced on June 28 the acquisition of Esterson Dermatology in Pikesville, Maryland. The acquisition marks the 160th location for ADCS as it continues to expand nationwide. Terms of the deal were not disclosed. Esterson Dermatology is a private practice led by Dr. Faith Esterson, a board-certified dermatologist and fellow of the American Academy of Dermatology. With offices in 14 states, ADCS was founded in 1989 and treats patients for conditions of the skin, hair and nails and offers advanced skin cancer treatments. It also offers non-surgical and... Read More »
Gastro Health Makes Fifth Acquisition of the Year

Gastro Health Makes Fifth Acquisition of the Year

by | Jun 20, 2022 9:57 am | Physician Medical Groups, Private Equity | 0 comments

Gastro Health LLC, a portfolio company of OMERS Private Equity and Audax Private Equity, announced on June 13 that it acquired Digestive Disorders Associates for an undisclosed price. The acquisition marks Gastro Health’s fifth transaction in 2022.  Digestive Disorders Associates operates three offices in Annapolis, Chester and Gambrills, Maryland, with 10 physicians. The physicians perform procedures at Maryland Diagnostic and Therapeutic Endo Center. The practice also manages anesthesia, pathology and infusion treatment services.  Gastro Health is a medical group specializing in the treatment of gastrointestinal disorders, nutrition and digestive health. It operates in Florida,... Read More »