Interview with John Tiedmann at Physician Growth Partners
We are always interested in the opinion of advisors, and other industry experts, regarding the Physician Medical Group (PMG) market. So, we put out a pulse survey to get a better feel of the current environment. From this survey, we spoke with John Tiedmann, Managing Director at Physician Growth Partners, to get his perspective on the market. HOW OPTIMISTIC ARE YOU ABOUT THE MARKET, SCALE OF 1-5 I said ‘four’, so I am optimistic but not overly so. I’m optimistic because the market seems to be settling into a new norm. Over the last 18 months, market players have made peace with valuations, particularly sellers and physicians who realize that multiples might be lower than where they were... Read More »Qualitas Dental Partners Acquires Three Rhode Island Dental Practices
On June 19, Qualitas Dental Partners, a premier dental partnership based in the greater Boston MSA, announced that it purchased three dental practices in Rhode Island. The practices were not disclosed but include a general dentistry practice in central Rhode Island known for its patient-centered approach and high-quality care; a multi-specialty practice that has been in business for several generations; and an oral and maxillofacial surgery center specializing in a wide range of surgical procedures and dental implants. This is Qualitas Dental Partners’ third transaction of 2024. In total, the company has purchased eight dental practices in Rhode Island and Massachusetts.... Read More »
OneOncology Partners with Anderson Area Cancer Center
OneOncology, a portfolio company of TPG Capital and AmerisourceBergen, announced that it strengthened its presence in South Carolina with the acquisition of Anderson Area Cancer Center. Anderson Area Cancer Center offers patients high quality, personalized healthcare close to their own home, including infusion, clinical trials, in-office drug dispensing and lab services. According to its website, the oncology practice has four physicians on staff who are supported by a team of three employees. OneOncology is a national network of independent community oncologists who assist partner practices in expanding their cancer care services. The company’s 1,000 cancer care... Read More »
Scaling Success: The Prominence of MSOs and DSOs in Healthcare
The prominence of Management Service Organizations (MSOs) and Dental Service Organizations (DSOs) in the healthcare market cannot be overstated. These entities have become essential players, particularly noted for their high transaction volumes. MSOs are businesses that work with predominantly physician groups to provide a range of administrative and management services to help alleviate physicians of those duties. DSOs are a specialized type of MSO that focuses exclusively on dental practices and are worth taking a deeper look at because of their high deal volume. It should be noted that the reason DSOs have such a high deal volume is because of the interest in dental practices and... Read More »
H/K/B Cosmetic Surgery Acquires Plastic Surgery Center of Nashville
On June 18, H/K/B Cosmetic Surgery (H/K/B) announced that it was expanding its Nashville presence with the acquisition of Plastic Surgery Center of Nashville. Plastic Surgery Center of Nashville provides a wide range of plastic surgery procedures. According to its website, the practice is run by two providers: Dr. Mary Gingrass and Dr. Melinda Haws. They are supported by a team of three employees. H/K/B, one of the largest privately held cosmetic surgery brands in the United States, is composed of ten aesthetic treatment centers. It is owned by a leading aesthetics management service operator, Kortesis Bharti Management Group, LLC (KBMG). According to the original press... Read More »Schedule a demo
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