Florida-Based Daytona Heart Group Joins Cardiovascular Associates of America

Florida-Based Daytona Heart Group Joins Cardiovascular Associates of America

Cardiovascular Associates of America (CVAUSA) announced on September 13 that Daytona Heart Group (DHG) has joined their physician alliance.  According to data captured in the LevinPro HC database, this transaction represents the 382nd Physician Medical Groups acquisition of 2023, 21 of them in the cardiology specialty. This additionally marks CVAUSA’s seventh transaction of 2023.  Founded in 1975, Daytona Heart Group has grown to be the largest provider of cardiology care in Volusia County. The company provides a full range of cardiovascular services and testing in multiple offices, including Daytona Beach, Edgewater, Port Orange, Deltona, Deland and Orange City, Florida.... Read More »
AQUA Dermatology Acquires Sunrise Dermatology and Skin Cancer Surgery Center 

AQUA Dermatology Acquires Sunrise Dermatology and Skin Cancer Surgery Center 

AQUA Dermatology has announced its acquisition of Sunrise Dermatology and Skin Cancer Surgery Center. The financial terms of the acquisition were not disclosed.   Sunrise Dermatology and Skin Cancer Surgery Center is a Mobile, Alabama-based general dermatology and Mohs surgery practice with a focus on skin cancer diagnosis and treatment. According to its website, the practice has three physicians on staff and has a support staff of four employees.  AQUA Dermatology, headquartered in Palm Beach Gardens, Florida, is among the largest and most comprehensive full-service skin care providers in the Southeast, offering medical, surgical and cosmetic dermatology. AQUA Dermatology... Read More »
U.S. Oral Surgery Expands in Two States 

U.S. Oral Surgery Expands in Two States 

U.S. Oral Surgery Management (USOSM), a portfolio company of Oak Hill Capital Partners, announced it was adding three dental practices to its network: Whittier Oral and Maxillofacial Surgery in Whittier, California; Mount Vernon, Washington- based North Cascade Implant Oral Surgery Center; and Oral & Facial Surgery Centers of Washington, located in Puyallup and Tacoma, Washington.   USOSM is a management services organization focused on oral and maxillofacial surgeons. Founded in 2017, USOSM has partnered with more than 190 surgeons across 26 states.   With these acquisitions, USOSM adds four providers to its portfolio and bolsters its California and Washington... Read More »

“Just a Matter of Time:” Urology Opens the Door to Private Equity and Consolidation

There is almost unlimited potential for financial growth in urology because of rising patient demand. “Urology is a surgical subspecialty where you can do very well as an investor,” said Hector Torres, a managing director at DC Advisory. However, urology has flown somewhat under the radar in recent years as excitement around other hot specialties like cardiology and orthopedics surged. According to Levin Associates’ proprietary platform, which tracks healthcare mergers and acquisitions in real-time, there have been 26 urology deals announced since January 2018. By comparison, in the same time frame, there have been nearly 200 deals involving dermatology practices, 100+ deals in orthopedics... Read More »
Specialty1 Partners Expands in Connecticut 

Specialty1 Partners Expands in Connecticut 

Specialty1 Partners announced its acquisition of Fairfield County Implants & Periodontics, in Fairfield, Connecticut.   Fairfield County Implants & Periodontics is a dental implant practice with three providers on staff. Since 1985, the practice has treated more than 30,000 patients and placed more than 14,000 dental implants.  Specialty1 Partners is the parent company of dental surgical based partnerships Endo1 Partners, Perio1 Partners and OS1 Partners. It maintains and scales practices for optimal performance.  The financial terms of the acquisition were not disclosed.  According to data captured in the LevinPro HC database, this transaction marks the... Read More »
PE-Backed Cardiovascular Associates of America Expands in Florida 

PE-Backed Cardiovascular Associates of America Expands in Florida 

Cardiovascular Associates of America (CVAUSA) announced its acquisition of The Cardiovascular Center of Florida. This is CVAUSA’s sixth transaction of 2023.  The Cardiovascular Center of Florida operates two locations in Florida. According to its website, the practice is run by 26 physicians.  CVAUSA is a physician management services organization headquartered in Celebration, Florida. Through CVAUSA’s physician-centered practice management model, physicians drive clinical care and their practice culture, while benefiting from the business expertise and shared resources available through CVAUSA. It was formed by Webster Equity Partners in 2021.  Following the completion of... Read More »