Physician Medical Group Deals Stayed Strong in Q1:18

Physician medical group M&A activity was strong in the first quarter of 2018, according to new acquisition data from HealthCareMandA.com. The number of physician medical group acquisitions increased to 36 in the first quarter, up 9% from the 33 publicly announced acquisitions in the fourth quarter of 2017. Compared with the year-earlier quarter, when a […]

Dermatology Deals Keep PE Platforms Growing

The Physician Medical Group sector has been very busy in recent years, as hospitals and health systems acquire local practices that can produce referrals and private equity firms build platforms and make add-on deals. Dermatology practices aren’t coveted by hospitals, so it’s the private equity firms that are doing the collecting. In the first eight […]

Hospital Deals Rebound in May 2017

Hospital transactions suddenly sped up in May 2017. Deals are now coming from the private equity-sponsored segment, while the publicly traded chains are mostly unwinding their 2013 acquisitions.

WellCare Health Adds Universal American for $800 Million

WellCare Health Plan (NYSE: WCG) breathed a little life into the lethargic Managed Care sector, which has experienced a lull in M&A this year. WellCare provides government-sponsored managed care services, and its target, Universal American Corp. (NYSE: UAM), provides health insurance and managed care products and services to Medicare and Medicaid customers in the United […]

What U.S. Hospitals Are Acquiring in 2016

Hospital acquisitions have surged since the Affordable Care Act was passed in 2010. That year, 76 deals were announced, with a U.S. hospital or health system as a target. By 2012, 107 transactions were recorded for hospital targets, and that still stands as the highest number of deals per year. Only 2015 came close, with 102 hospital transactions. […]

Fairview Health Buys Second Health Plan

Fairview Health Services is building out its managed care platform. In January, the Minneapolis-based nonprofit, integrated health system announced the acquisition of PreferredOne, which serves more than 1,500 employers and 285,000 members in Minnesota. The company saw dramatic growth in the first year of MNsure, the state’s health insurance exchange, but was forced to drop out after […]

Managed Care Consolidation in Minnesota

Even as Minnetonka, Minnesota-based UnitedHealth Group (NYSE: UNH) reported larger-than-expected losses in its health-exchange segment in the fourth quarter, a smaller Minnesota managed care company found relief from its own health exchange losses. PreferredOne, based in Golden Valley, was acquired by Fairview Health Services in Minneapolis for an undisclosed price. Fairview is a not-for-profit, integrated health system […]