Atlantic Health System Acquires Thompson Healthcare & Sports Medicine
Atlantic Health System (AHS), a portfolio company of Geisinger Health, announced the addition of Thompson Healthcare & Sports Medicine to its network. Upon completion, AHS will have a majority ownership stake in Thompson Health’s 11 locations across New Jersey. Each location will share information using Epic’s EHR system, which AHS also uses. Terms of the deal were not disclosed. Thompson Healthcare & Sports Medicine is a New Jersey-based health care and sports medicine provider, offering physician services, acupuncture, chiropractic, physical therapy and more. The company has more than 75 providers at 11 locations across central and southern New Jersey. AHS is one of the... Read More »
Spotlight on Cardiology and the Mounting Interest from Private Equity
Cardiology has been described as the “hot commodity” among private equity groups looking to increase investment in healthcare. Factors including significant patient demand for the services, more procedures shifting to outpatient settings, and the smaller number of existing independent practices compared to cardiologists working for health systems, have fostered competition in the sector and driven valuations higher than in any other specialty. A number of private equity firms have established platforms including Webster Equity Partners with Cardiovascular Associates of America, Ares Management and US Heart and Vascular, and Varsity Healthcare... Read More »
PE-Backed Elevate ENT Partners Acquires Texas Practice
Elevate ENT Partners, backed by Boston-based private equity firm Audax Private Equity, announced on March 14 that it acquired Ear, Nose & Throat Associates of Texas(ENTtex). This marks Elevate ENT Partners’ first transaction in 2023 and expands the company’s foothold in Texas. The financial terms of the acquisition were not disclosed. Located in Frisco, McKinney, Plano, Anna and Prosper, Texas, ENTtex is run by six providers. The practice was founded in 2004. Elevate ENT Partners invests in private ear, nose & throat (ENT) and allergy practices across the U.S. and provides scalable infrastructure to help practices reach the next level in terms of financial management,... Read More »
Allied OMS Acquires Practices in Oregon and Colorado
Allied OMS, a portfolio company of Chicago-based private equity firm DuneGlass Capital, announced on March 13 that it acquired three dental practices, marking the company’s first acquisitions of the year. Advanced Oral and Maxillofacial Surgery is run by Dr. James Lessig and Dr. Thomas S. Michalik. It has locations in Englewood and Littleton, Colorado. Their expertise includes corrective jaw surgery and wisdom tooth removal. With locations in Eugene, Roseburg and Florence, Oregon, Oregon Oral Surgeons is run by four physicians. A provider of oral and maxillofacial surgical care, Oregon Oral Surgeons is one of the few practices in the country that places its dental implants using CT-guided... Read More »
Parkview Physicians Group Acquires Fairhaven Obstetrics and Gynecology
Parkview Physicians Group announced on March 8 that it acquired Fairhaven Obstetrics and Gynecology, a three-physician OB/GYN practice in Goshen, Indiana. This acquisition expands Parkview Physicians Group’s presence in Indiana. The financial terms of the transaction were not disclosed. Parkview Physicians Group is one of the largest not-for-profit healthcare providers in northeast Indiana. It operates more than 10 locations across the state. According to data captured in the LevinPro HC database, this acquisition marks the 104th Physician Medical Groups transaction and the fifth OB/GYN acquisition of the year. From January 1, 2022, through March 8, 2022, there were nine OB/GYN... Read More »Schedule a demo
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