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Spire Orthopedic Partners Acquires Ortho Rhode Island
On June 26, Spire Orthopedic Partners announced that it acquired Ortho Rhode Island for an undisclosed price. Formed in 2015, Ortho Rhode Island was established from the merger of four prominent practices in Rhode Island. Headquartered in Warwick, Rhode Island, Ortho Rhode Island provides clinical care across six locations and a state-of-the-art ambulatory surgery center. The company offers clinical innovation through leading technologies, including robotic-assisted surgery, minimally invasive nano-operative arthroscopy and orthobiologics treatments. Additionally, Ortho Rhode Island provides various ancillary service offerings including advanced imaging, orthopedic urgent care, durable... Read More »
MB2 Dental Solutions Acquires 4 Practices in June, Entering 42nd State
On June 24, MB2 Dental Solutions, a dental service organization (DSO) based in Carrollton, Texas, announced that it has acquired four practices in June 2024. Hanna G. Hanania DDS, PC is a three-provider dental practice in Dale City, Virginia led by Dr. Hanna Hanania. Based out of La Jolla, California, La Jolla Family Smile Design is a dental practice with four providers on staff. Children’s Dentistry of Abilene is a pediatric dental practice with one location in Abilene, Texas. According to its website, the practice is run by one physician: Dr. Norm Poorman. Pray Family Dentistry is a two-physician dental practice with one location in Anderson, South Carolina.... Read More »
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 »Schedule a demo
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