Cardinal Health to Acquire Integrated Oncology Network for More Than $1.1 Billion
On September 20, Cardinal Health announced that it entered into a definitive agreement to acquire Nashville, Tennessee-based Integrated Oncology Network (ION) for more than $1.1 billion in cash. ION is a physician-led independent community oncology network that partners directly with physicians, hospitals and other healthcare providers to offer the latest services and technologies to patients. Founded in 2008, ION has grown to more than 50 centers nationwide, providing a complete and integrated continuum of care including diagnostic testing, radiation oncology, medical oncology, urology and other ancillary services. Cardinal Health is an American multinational healthcare services company,... Read More »
Cardiology M&A Activity Cools Off in 2024
Contrary to last year’s industry predictions, the cardiology space within the Physician Medical Group (PMG) sector has not seen a high deal volume and most likely will not exceed the volume of prior years. Between January 1, 2024, and September 13, 2024, there have been 10 cardiology transactions reported. Compared to the same time frame of 2023, where 24 cardiology acquisitions were announced, 2024 is on a downward trajectory. Cardiology accounts for less than 3% of the 357 PMG transactions announced through September 13, 2024. Yet, while this decline may seem concerning, cardiology’s M&A volume for 2024 mirrors historical trends, with the high volume in 2023 (30 deals in... Read More »Espire Dental Acquires Los Gatos Dentistry
Espire Dental, backed by Denver, Colorado-based private equity firm Rallyday Partners, announced that it was expanding its services in California with the acquisition of Los Gatos Dentistry. Los Gatos Dentistry is a dental practice with one location in Los Gastos, California. According to the website, the practice has two providers on staff. Founded in 2018 and headquartered in Denver, Espire Dental is an dental service organization with 27 practices located in Colorado, California, Oklahoma and Wyoming. It seeks and acquires practices with a clinical philosophy that focuses on the patient experience. TUSK Practice Sales advised Los Gatos Dental in connection... Read More »
Guided Practice Solutions Acquires 8 Dental Practices
On September 10, Guided Practice Solutions (GPS Dental), announced the acquisition of eight dental practices from across the country. Alex Bell Dental operates one location in Centerville, Ohio. According to its website, the practice has three physicians on staff. The practice focuses on general dentistry, esthetic treatments and oral surgery services. Based in Red Bank, New Jersey, Chapel Hill Dental Arts has three providers on staff, who are supported by a team of 10 employees. In addition to general dentistry services, the practice provides endodontic and periodontal services. Koczarski Family & Aesthetic Dentistry operates out of one location in... Read More »
U.S. Oral Surgery Management Acquires 4 Dental Practices
On September 10, U.S. Oral Surgery Management (USOSM), a portfolio company of New York City-based private equity firm Oak Hill Capital Partners, announced that it completed the acquisition of four dental practices. Granite State Oral Surgery operates out of two locations in New Hampshire: Salem and Londonderry. According to its website, the practice is run by Dr. Salman Malik, who is the only physician on staff. Oral Surgery & Implant Associates of Greenville is based in Greenville, South Carolina. According to its website, there is one provider on staff: Dr. Jeff Simmons. Hattiesburg Oral Surgery & Implant Center is based in Hattiesburg, Mississippi.... Read More »Schedule a demo
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