Physician Practice Deals Down 15% in Q3:17

Physician Practice Deals Down 15% in Q3:17

by | Nov 20, 2017 8:57 pm | Physician Medical Groups

Physician medical groups are still hot properties, of course. But the rate of consolidation within the industry accelerated rapidly in the past two years, and it was inevitable the pace would slacken at some point. The 28 acquisitions announced in the third quarter represent 19% of the 145 deals announced in the previous 12 months. Deal volume was down 10% compared with the previous quarter, and down 15% versus the same quarter a year earlier. Longer payment cycles associated with value-based reimbursement is just one reason many physician practices have joined larger groups or health systems. Electronic medical records, revenue cycle management and billing are all necessities for today’s... Read More »