What began in 2014 as a grand round of acquisitions of physician medical groups became a multi-billion-dollar exit four years later. Fresenius Medical Care (NYSE: FMS), the world’s largest provider of dialysis products and services, took “an important strategic step to sharpen its U.S. Care Coordination profile” and sell its controlling interest in Sound Inpatient […]
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.
For the Physician Medical Group sector, this year is shaping up to rival 2016’s merger and acquisition activity. Two multi-billion-dollar deals have been announced, through the middle of August. Two such deals were announced in 2016, although they were for larger amounts.
Now that managed care giants are blocked from acquiring each other, they may look outside the sector for growth.
Ten months into the year, and only two healthcare sectors have posted gains compared with 2015 totals. On the technology side, it’s eHealth, where deal volume is up 10% through the end of October, to 139 transactions. On the services side, it’s Physician Medical Groups. Deal volume now stands at 102 transactions, a 13% increase […]