• Bradford Health Services Acquires Parkdale Center 

    Bradford Health Services has entered into an agreement to acquire Parkdale Center, a leading addiction treatment provider in Chesterton, Indiana.  Parkdale Center is widely renowned for its specialized Professionals Program serving healthcare providers, attorneys, executives, aviation professionals, first responders and other licensed... Read More »
  • RevSpring Acquires TrustCommerce 

    On February 20, RevSpring reported that it acquired TrustCommerce. The seller was Waud Capital Partners, who initially purchased the company in 2017.  FT Partners served as the exclusive strategic and financial advisor to TrustCommerce. Financial terms of the deal were not disclosed.  TrustCommerce is a leading financial technology... Read More »
  • Istios Health Expands into the Nephrology Field  

    On February 19, Istios Health reported that it was expanding its services into the nephrology field with the acquisition of three practices: Central Mass Nephrology, Teredesai McCann & Associates and Coordinated Kidney Care Group. Terms were not disclosed.   Central Mass Nephrology is a nephrology practice based out of nine clinic locations... Read More »
  • Swiss Rockets AG Acquires Complete Genomics 

    Swiss Rockets AG, based in Basel, Switzerland, announced on February 23 that it entered into a definitive agreement to acquire Complete Genomics, Inc.   Complete Genomics is a leader in whole human genomic sequencing, which is used by research centers to conduct medical research that, in the future, is expected to be used to improve... Read More »
  • Specialty1 Partners Announces Second Acquisition of 2025 

    Triumphant Transition Partners announced that it acted as an advisor to Dr. Francisco Perez as he joined Specialty1 Partners.  The practice of Dr. Francisco Perez is based in Edinburg, Texas. Dr. Perez, an oral and maxillofacial surgeon, is the only physician on staff.  Specialty1 Partners, backed by private equity firm VSS Capital Partners,... Read More »
In Conversation: Tom Price, MD, Orthopedic Surgeon and Former HHS Secretary

In Conversation: Tom Price, MD, Orthopedic Surgeon and Former HHS Secretary

The orthopedic surgeon, former congressman, and 23rd Secretary of Health and Human Services discusses the role of private equity in healthcare, clinical autonomy, and site-neutral payments. Levin Associates spoke with Dr. Tom Price at the 6th annual Physician Transactions Conference in Las Vegas in March 2023. This Q&A has been lightly edited for clarity and brevity. I’m curious to get your take on the role of private investment in healthcare, considering your background in both medicine and policy. What private equity brings to the table, if you have the right partner, is capital, resources, talent, and expertise on the operations side. The best private equity... Read More »
The big picture: what is driving physician practice M&A?

The big picture: what is driving physician practice M&A?

The role of private investment, what doctors need to know, and what it all means for patients Levin Associates spoke with Dana Jacoby, the CEO and founder of Vector Medical Group, and Gary Herschman, a partner at Epstein Becker & Green, P.C., at the 6th annual Physician Transactions Conference in Las Vegas in March 2023. Their separate interviews have been combined into one Q&A, which has been lightly edited for clarity and brevity. What is the future of private equity and other outside investment in healthcare? Jacoby: I’m very bullish on the future of healthcare and I’m very excited about it. There’s just this crescendo of change coming into... Read More »
Valuations, Competition, and the Future of GI

Valuations, Competition, and the Future of GI

Gastroenterology is a service line with unlimited potential for growth. The expanding patient need for services, combined with advancements that allow more procedures to be performed in outpatient settings, have made gastroenterology an attractive target for investors. Patients utilize gastroenterology services throughout their lifetimes. Gastroenterologists treat a wide variety of conditions impacting the digestive system, which includes the stomach, intestines, gallbladder, pancreas, and liver. Clinicians care for patients experiencing everything from abdominal pain and heartburn to nonalcoholic fatty liver disease and cancers. The stats show that chronic digestive issues keep providers... Read More »
Takeaways from the 6th Annual Physician Transactions Conference

Takeaways from the 6th Annual Physician Transactions Conference

The role of private equity in healthcare was the focus of the 6th Annual Physician Transactions Conference on March 9, 2023. Physicians, private equity investors, investment bankers and other healthcare business leaders gathered in Las Vegas to talk about what independent practices need to know about brokering a deal with a private equity firm.  Attendees posed questions to other physicians who have already entered into PE deals, and panelists provided insights to help physicians consider whether partnering with outside investors will be the right path forward for their practices. Levin Associates was in attendance at the conference. Here is a summary of the main... Read More »
Spotlight on Orthopedics, its Independent Culture, and the Role of Private Equity

Spotlight on Orthopedics, its Independent Culture, and the Role of Private Equity

Orthopedic practices are highly attractive targets for investors, especially private equity-backed platforms that are looking to expand. However, it can be a challenging sector to access – in part because orthopedic groups have consolidated quickly and grown significantly larger compared to other specialties like fertility and cardiology. Orthopedic physicians treat a wide variety of common conditions  Most people would agree that their ability to move their bodies whenever they please is very important to their quality of life. Orthopedic physicians provide the surgical and nonsurgical care that people of all ages and lifestyles need to maintain their mobility. Orthopedic physicians... Read More »
Panoramic Health Acquires Southwest Nephrology Associates

Panoramic Health Acquires Southwest Nephrology Associates

Panoramic Health announced that it acquired Southwest Nephrology Associates LLP (SWN) for an undisclosed price. SWN is a premier nephrology practice in Texas. According to its website, the practice operates six locations in the Houston MSA and is run by six providers. Panoramic Health is a physician-led kidney care organization. Panoramic Health’s Clinical Research division partners with sponsors and clinical research organizations to bring treatments to patients with kidney disease. SWN will utilize Panoramic Health’s value-based care platform to integrate care coordination and utilize superior data and analytics across six clinic locations. The partnership marks the fifth... Read More »