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 […]

Physician Practices Find Many Buyers

The first quarter of 2018 is nearly over (one week left to go), and the Physician Medical Group sector is still in acquisition mode. Last year, the first quarter saw a record 59 deals announced for physician groups. This year’s Q1 total won’t challenge that, but the 30 deals reported so far show interest isn’t […]

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 […]

The Physician Medical Group Market Ramps Up

The Physician Medical Group (PMG) space is consolidating at a torrid pace, and the pace won’t slacken in 2018. Last year, deals for physician practices hit a record in the 21st century with 166 transactions, up 27% over the previous year’s 131 transactions. The momentum is indeed continuing into 2018, with eight more acquisitions announced […]

DaVita Dumps Its Doc Group for $4.9 Billion

Kidney care specialist DaVita (NYSE: DVA) made good on its statement that it was exploring strategic alternatives for its DaVita Medical Group (DMG). It found a buyer in UnitedHealth Group’s (NYSE: UNH) Optum, which agreed to pay $4.9 billion for DMG, the highest publicly announced price it has paid for a physician group.

Stat of the week graph
Stat of the week graph

Stat of the Week: November Deal Volume -30%

Perhaps it was the anticipation of the Thanksgiving holiday, or the holiday itself, that caused the sudden slump in deal volume. Too much turkey, too little focus on finishing up those transactions? Or we could blame the Republicans’ mad dash to pass their tax “reform” legislation before the end of the year. Both houses of […]

CVS, Aetna Lead a Potential Big-Deal Parade

The fourth quarter, and the month of December in particular, are usually busy times for mergers and acquisitions, and often when big deals are announced. With one month to go in Q4:17, the pace may be picking up. Deal volume through December 1 stood at 231 transactions (-39% to last year’s 379), and $19.6 billion […]

The MACRA Effect Keeps Building

The MACRA effect is heating up, as independent physician practices agree to be acquired by hospitals, managed care companies and even private equity firms.