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Carl Larson Cancer Center Joins Vandalia Health
Carl Larson Cancer Center has joined Vandalia Health to provide a greater procedure capacity and expand available services to the community. The center will be renamed CAMC Cancer Center-Beckley. Carl Larson Cancer Center offers cancer care services from one location in Beckley, West Virginia. It provides oncology, hematology, chemotherapy, radiation therapy, diagnostic laboratory and diagnostic imaging services. The center was created in 1986 and features three physicians, 11 advanced practice professionals and support staff, according to its website. Vandalia Health System was formed through the merger of Charleston Area Medical Center Health System and Mon Health System in... Read More »
Top Physician Medical Group Deals of 2023
The Physician Medical Group (PMG) market experienced a decline in deal activity, totaling 515 transactions, compared to the 621 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. Here are the top five PMG transactions of the year. TPG Capital and AmerisourceBergen, both private equity groups, teamed up to purchase OneOncology, Inc. for $2.1 billion in April. In addition to being the largest PMG purchase price of the year, OneOncology has more than 700 physicians on staff which is an impressive number, adding to its attractiveness for buyers. The seller, private equity... Read More »
U.S. Oral Surgery Management Expands in Seven States
U.S. Oral Surgery Management (USOSM) is ending 2023 with a big announcement. It has added eight new partnerships across seven states: California, Colorado, Oregon, Michigan, Mississippi, South Carolina and Texas. “In 2023, we launched our USOSM Centers of Excellence program, we implemented the USOSM Medical Mission Reimbursement Program, we secured a new $150 million credit expansion, welcomed 21 new associates and we added 25 new partner practices – eight of which, we’re announcing today,” said USOSM President and CEO Richard Hall. “We’re finishing 2023 strong and are positioned for continued growth in 2024 and beyond.” Hall continued on to say that a driving factor... Read More »
Schweiger Dermatology Group Acquires Two New Jersey Practices
NavaDerm Partners, LLC, a portfolio company of BelHealth Investment Partners, LLC announced that it was selling two of its New Jersey practices to Schweiger Dermatology Group (SDG). The practices are Millburn Laser Center and Scherl Dermatology. Millburn Laser Center provides dermatology care out of one location in New Jersey. According to its website, the practice has five providers on staff. Scherl Dermatology is a four-physician practice that operates out of one location in Englewood Cliffs, New Jersey. Founded in 2010, SDG is the largest group dermatology practice in the Northeast, with more than 90 offices and more than 300 healthcare providers in its... Read More »
HCRG Care Group Acquires Operose Health
On December 13, it was announced that Centene Cooperation was selling Operose Health to HCRG Care Group for an undisclosed price. Operose Health is a network of nearly 60 primary care practices across the United Kingdom. The company has been a significant player in the NHS primary care market, providing essential healthcare services to numerous patients. Previously known as Virgin Care, HCRG Care Group is one of the United Kingdom’s largest providers of community health and care services. It partners with the NHS to provide primary and dermatological care as well as pathway and diagnostic services. The deal is expected to impact the operational landscape of... Read More »Schedule a demo
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