Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 40
Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 121
How Ascension and Kaiser are Responding to Physician Practice Consolidation
M&A activity in physician practices continues to have a significant presence in the healthcare landscape as practices compete against each other for market control. To make their mark on patients and grow, physician groups are forced to carve out a distinctive place in the industry. According to data captured in the LevinPro HC database, there were 51 Physician Medical Groups (PMG) transactions announced during January 2023, a 35% decline from January 2022 when 79 PMG deals were reported. The dental specialty had the most transactions, representing approximately 24% of all January 2023 PMG acquisitions, an increase from January 2022 when dental represented more than 20% of the PMG... Read More »Sage Dental Acquires Two Dental Practices
Sage Dental Management, LLC, a portfolio company of Linden Capital Partners, announced it has expanded its presence with its acquisition of Soft Heart Dentistry and the practice of Dr. Maulin Patel. This is Sage Dental’s first transaction of 2023. Soft Heart Dentistry was renamed Sage Dental of Lawrenceville. The practice of Dr. Maulin Patel was renamed Sage Dental of Brandon. The financial terms of the acquisitions were not disclosed. Soft Heart Dentistry is run by two dentists and offers care through its Lawrenceville, Georgia location. The practice of Dr. Maulin P. Patel provides advice on proper brushing, flossing, cleaning, healthy gums and other dental care out of Brandon, Florida.... Read More »
New Zealand-Based Broadway Radiology Joins Canopy Healthcare Group
Palmerston North, New Zealand-based Broadway Radiology announced on February 27 that it is joining Canopy Healthcare Group, which is one of New Zealand’s largest healthcare companies. The Broadway Radiology team will remain unchanged. Terms of the deal were not disclosed. Broadway Radiology is the largest private provider of diagnostic radiology serving the Manawatu and Horowhenua regions, with four locations and a team of five radiologists. Canopy Healthcare is a New Zealand-based healthcare provider, comprising 18 diagnostic clinics, six oncology clinics, a private breast surgical and diagnostic center and a drug compounding business. According to data captured in the LevinPro HC... Read More »
Pediatric Affiliates PA Partners With Private Equity Firm Webster Equity Partners
Pediatric Affiliates PA has partnered with Webster Equity Partners, a healthcare-focused private equity firm. Physician Growth Partners served as the exclusive transaction advisor to Pediatric Affiliates in its evaluation, negotiation and execution of the transaction. Pediatric Affiliates recently enhanced its practice offering regarding behavioral health services. Terms of the deal were not disclosed. Pediatric Affiliates is a network based in Toms River, New Jersey. Pediatric Affiliates serves as one of New Jersey’s largest pediatric groups, operating in six locations across New Jersey with a focus on underserved patient populations. The practice is run by 10 physicians. Founded in 2003,... Read More »
