Emergency Care Partners Buys Ascension Emergency Physicians

Emergency Care Partners Buys Ascension Emergency Physicians

Emergency Care Partners (ECP), backed by Varsity Healthcare Partners and Regal Healthcare Capital Partners, has acquired Ascension Emergency Physicians. The target provides outsourced emergency department management services to Our Lady of the Lake Ascension, formerly known as St. Elizabeth Hospital. Financial terms were not disclosed. ECP provides emergency medicine and outsourced emergency department management services to hospital facilities across Lousiana, New York, and Pennsylvania. ECP was initially formed through the joint recapitalization of Professional Emergency Medicine Management (PEMM) and Professional Emergency Physicians Associates (PEPA). The combined emergency medicine... Read More »
Emergency Care Partners Buys ED Management Group

Emergency Care Partners Buys ED Management Group

Emergency Care Partners, backed byVarsity Healthcare Partners and Regal Healthcare Capital Partners, announced it will acquire Progressive Emergency Physicians. Both groups provide emergency medicine and outsourced emergency department management services to hospital facilities. The merged companies will service departmental operations at 19 hospitals across Louisiana, New York and Pennsylvania. The combined clinical workforce of 194 physicians will treat more than 670,000 ER patient visits annually. The deal did not have disclosed financial terms. Last year, there was a growing trend of acquisitions involving E.R. management groups, so it doesn’t surprise us to see this trend... Read More »