Ascend Plastic Surgery Partners Adds Tallahassee Plastic Surgery Clinic to Network
Ascend Plastic Surgery Partners, an Atlanta-based management services organization, announced the addition of Tallahassee Plastic Surgery Clinic to its network of practices. Tallahassee Plastic Surgery Clinic provides aesthetic and reconstructive surgery in Tallahassee, Tennessee. According to its website, the practice has three plastic surgeons on staff. Ascend Plastic Surgery Partners was formed by private equity firm Sheridan Capital Partners in October 2023. The plastic surgery firm has practices in Birmingham, Alabama, Tuscaloosa, Alabama, Greenville, South Carolina, Lindon, Utah and Las Cruces, New Mexico. Tallahassee Plastic Surgery Clinic was advised by Physician Growth Partners.... Read More »
Evergreen Nephrology Acquires Western Nephrology
On May 15, Evergreen Nephrology announced that it acquired Western Nephrology. Western Nephrology provides nephrology services out of one location in Wheat Ridge, Colorado. Its services include clinical services and all forms of dialysis. According to its website, the practice has 16 physicians on staff. A portfolio company that was launched by Rubicon Founders, Evergreen Nephrology partners with nephrologists to provide the financial backing to take on increased cost of care risks associated with value-based care, which offers financial incentives to physicians, health systems and other providers based on quality of care. Western Nephrology is the third nephrology... Read More »
Golden State Dermatology Acquires California Skin Surgery Center
Golden State Dermatology (GSD), a portfolio company of growth capital private equity firm, Sorenson Capital, announced that it acquired California Skin Surgery Center. California Skin Surgery Center is operated by Dr. Gregory M. Bricca, who works out of one location in Roseville, California. GSD is physician-owned and led and is rapidly growing with more than 35 locations more than 100 providers across California. GSD’s services include dermatology, cosmetics, Mohs surgery for skin cancer, pathology and plastic surgery. This is GSD’s fourth acquisition in 2024. The financial terms were not disclosed. According to data captured in the LevinPro HC database, this... Read More »
An Overview of the Internal Medicine M&A Market
The internal medicine specialty, within the Physician Medical Group (PMG) sector, isn’t particularly known for its M&A activity. In fact, it’s considered one of the less active subsectors, averaging approximately 8% of the PMG totals. Yet, internal medicine’s M&A volume has increased substantially between 2018 and 2023, making it an interesting specialty to look into. According to data captured in the LevinPro HC database, in 2018, eight eight internal medicine transactions were reported, which more than doubled in 2019 and 2020 when 19 and 25 deals were reported, respectively. There was another surge of deal activity in 2021 with 40 transactions and a slight increase to 41... Read More »
