Navigating Year Over Year Trends of the Physician Medical Group M&A Market

Navigating Year Over Year Trends of the Physician Medical Group M&A Market

by | Dec 11, 2023 3:58 pm | Physician Medical Groups

The Physician Medical Groups (PMG) market is an industry that we frequently analyze, and for good reason. Coupled with its high deal volume, the sector is brimming with changing trends such as the growth in the cardiology space or how the size of the practices being purchased has changed over time. According to the LevinPro HC database, between January 1, 2023, and November 30, 2023, there were 2,001 healthcare transactions reported, 478 of them in the PMG sector, accounting for approximately 24% of deals. PMGs represent the second largest healthcare sector, with Other Services, a catch-all for ancillary services and companies at 502 transactions. Source: LevinPro HC, December 2023 The... Read More »
MyTown Health Partners Expands in Texas 

MyTown Health Partners Expands in Texas 

by | Oct 17, 2023 2:41 pm | Physician Medical Groups, Private Equity

MyTown Health Partners (MTHP) announced its acquisition of South Padre Island Pediatrics Center.  South Padre Island Pediatrics Center provides pediatric care out of four Texas locations; Corpus Christi, Sinton, Aransas Pass and Mathis. According to its website, the practice is run by three providers.  MTHP is a practice management services organization headquartered in Pittsburgh. MyTown Health Partners is bringing together national leaders in the rural and urban healthcare space with the goal of providing accessible healthcare treatment to underserved communities. It was formed by Webster Equity Partners.  This transaction expands MyTown Health Partners’ presence in... Read More »
PE-Backed Cardiovascular Associates of America Expands in Florida 

PE-Backed Cardiovascular Associates of America Expands in Florida 

by | Sep 7, 2023 9:55 am | Physician Medical Groups, Private Equity

Cardiovascular Associates of America (CVAUSA) announced its acquisition of The Cardiovascular Center of Florida. This is CVAUSA’s sixth transaction of 2023.  The Cardiovascular Center of Florida operates two locations in Florida. According to its website, the practice is run by 26 physicians.  CVAUSA is a physician management services organization headquartered in Celebration, Florida. Through CVAUSA’s physician-centered practice management model, physicians drive clinical care and their practice culture, while benefiting from the business expertise and shared resources available through CVAUSA. It was formed by Webster Equity Partners in 2021.  Following the completion of... Read More »
MyTown Health Partners Acquires St. Camillus Urgent Care & Family Practice

MyTown Health Partners Acquires St. Camillus Urgent Care & Family Practice

by | Aug 2, 2023 3:13 pm | Other Services, Private Equity, Urgent Care Centers

MyTown Health Partners (MTHP), a comprehensive practice management services organization formed by Webster Equity Partners, has announced its acquisition of St. Camillus Urgent Care & Family Practice. St. Camillus Urgent Care & Family Practice is a Christian-based urgent care center with  sox locations across Kentucky. The center has been open since 2009. MTHP is a practice management services organization headquartered in Pittsburgh. MTHP is bringing together national leaders in the rural and urban healthcare space with the goal of providing accessible healthcare treatment to underserved communities.  This strategic partnership will extend MTHP’s mission of compassionate... Read More »
Cardiovascular Associates of America Partners With Bay Area Cardiology Associates

Cardiovascular Associates of America Partners With Bay Area Cardiology Associates

by | Jun 30, 2023 10:56 am | Physician Medical Groups, Private Equity

Cardiovascular Associates of America (CVAUSA), a portfolio group of private equity firm Webster Equity Partners, has acquired Bay Area Cardiology Associates P.A. for an undisclosed price. Westcove Partners acted as the exclusive financial advisor to Bay Area Cardiology in the partnership. Bay Area Cardiology is a cardiovascular group practice with four locations across the Tampa MSA. Bay Area Cardiology has served patients in the region for more than 30 years. According to its website, the practice has 15 providers on staff. CVAUSA is a physician management services organization headquartered in Celebration, Florida. Through CVAUSA’s physician-centered practice management model, physicians... Read More »