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Rural Healthcare Group acquires 4 physician groups from HCA
Nashville-based Rural Healthcare Group (RHG), backed by private equity firm Kinderhook Industries, announced on November 16 it purchased four middle-Tennessee primary care physician practices from HCA Healthcare. The acquisition brings the total number of practices owned by RHG to eight. Terms of the deal were not disclosed, but RHG Founder and CEO Benson Sloan said RHG can pay as much as seven figures per clinic. RHG is a multi-site primary care clinic operator focused on expanding primary care access in medically underserved areas and rural communities. RHG was launched by Kinderhook Industries in May 2022. According to the LevinPro HC database, this marks the 535th Physician Medical... Read More »
Retina Consultants of America Acquires Florida Retina Institute
Retina Consultants of America has acquired Orlando-based Florida Retina Institute. Florida Retina Institute has 13 board-certified physicians and 19 locations throughout central and north Florida as well as southeast Georgia. Retina Consultants of America (RCA) is a physician management services organization formed by private equity firm Webster Equity Partners in 2020. Headquartered in Southlake, Texas, RCA has more than 215 physicians across more than 300 locations in 19 states, including California, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Minnesota, Mississippi, Missouri, New York, North Carolina, South Carolina, South Dakota, Tennessee, Texas, Utah and... Read More »
OrthoAlliance Acquires Central Indiana Orthopedics
OrthoAlliance, backed by Beacon Orthopaedics and Revelstoke Capital Partners, announced on November 15 that it acquired Central Indiana Orthopedics. The transaction represents OrthoAlliance’s fifth acquisition of the year. Founded in 1950, Central Indiana Orthopedics is an independent orthopedic practice that delivers care to patients with bone, joint and muscle injuries and conditions. The practice has locations in Anderson, Elwood, Fishers, Marion, Muncie and Winchester, Indiana, and is run by 26 doctors. OrthoAlliance, a physician-led management services organization (MSO) for orthopedic groups, was formed in 2019 in partnership with Beacon Orthopaedics and Revelstoke Capital... Read More »
The Smilist Enters Connecticut With Danbury Dental Group Acquisition
The Smilist Management, Inc. has entered the Connecticut market with its acquisition of Danbury Dental Group. The Smilist is a dental group offering general and cosmetic dentistry. Since its founding in 2014, The Smilist has grown to support dental offices in New York, New Jersey, Pennsylvania and Connecticut. Danbury Dental Group is a group practice located in Danbury, Connecticut. Dr. Daniel Tseng, Dr. Louise Sarabia and Dr. Adi Kedem treat patients at Danbury Dental Group. Terms of the deal were not disclosed. According to the LevinPro HC database, this was the 181st dental practice transaction of 2022. This compares with 79 dental practice deals reported between January 1, 2021, and... Read More »
