Top 5 Physician Medical Group Deals of 2024
The Physician Medical Group (PMG) market experienced a decline in deal activity, totaling 455 transactions, compared to the 537 in 2023, and the 622 in 2022. The transactions varied in size and buyer time, with many of them small or independent practices getting purchased by large private equity groups. Dental was the most active specialty with 238 transactions reported since the start of 2024. Here are the top five PMG transactions of the year. Mission Cancer + Blood Purchased by University of Iowa Health Care On October 7, Mission Cancer + Blood was acquired by the University of Iowa Health Care (UIHC) for $280 million. Mission Cancer + Blood will continue... Read More »
Together Women’s Health Acquires Advanced Gynecology
On December 17, Together Women’s Health (TWH) announced that it acquired Advanced Gynecology, a Georgia-based urogynecology practice. Advanced Gynecology operates three locations in Georgia: Watkinsville, Atlanta and Roswell. According to its website, the practice has four providers, one physician assistant and two family nurse practitioners on staff. TWH is a management services organization (MSO) backed by Shore Capital Partners. The MSO 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. Currently,... Read More »
beBright Acquires The Smile Spot Pediatric Dentistry & Orthodontics
On December 18, beBright announced that it acquired The Smile Spot Pediatric Dentistry & Orthodontics. The Smile Spot Pediatric Dentistry & Orthodontics is a pediatric dental practice with one location in Southbury, Connecticut. According to its website, there are two physicians on staff. BeBright is a doctor-owned and -led pediatric dentistry and orthodontic services organization based in Minnetonka, Minnesota. The company was created by New York-based private equity firm InTandem Capital Partners in June 2023. According to data in the LevinPro HC database, there have been 464th Physician Medical Group acquisitions announced throughout 2024, including 234 in the... Read More »
Espire Dental Acquires Sauvage and Tranquility Dental Wellness
On December 13, Espire Dental announced that it completed the acquisition of two dental practices: Sauvage PLLC and Tranquility Dental Wellness. The financial terms were not disclosed. Sauvage PLLC is a five-practice dental service organization (DSO) located in Seattle, Washington. It is run by Dr. Paul Sauvage and has been providing dental care for more than 20 years. Tranquility Dental Wellness, a portfolio company of private equity firm Rallyday Partners, operates out of four locations in the state of Washington: Tumwater, Tacoma, Spanaway and Lacey. According to its website, there are seven physicians on staff. Founded in 2018 and headquartered in Denver,... Read More »
Epiphany Dermatology Acquires Center for Dermatology
Epiphany Dermatology, based out of Austin, Texas, announced on December 9 that it acquired the Center for Dermatology. Financial terms of the deal were not disclosed. Founded in 2006, Center for Dermatology provides dermatologic care and cosmetic services to patients in Lakeville, Minnesota, and surrounding communities. According to its website, the practice has one provider (Dr. Robert Zabel, DO) and one physician assistant (Sheila Cavallaro, PA-C) on staff. Through its partnerships with dermatologists in more than 95 locations in 15 states, Epiphany Dermatology provides general dermatology, skin cancer care, Mohs surgery, cosmetic services and additional dermatologic... Read More »Schedule a demo
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