A legal fight between a New York radiologist and his former practice over a $20 million private equity deal has come to an end, according to court documents. Gregory Ball, MD, Southtowns Radiology Associates and the other parties in the…
ASC Transactions & Valuation Issues
Philadelphia-based Thomas Jefferson University is set to acquire Pottstown (Pa.) Medical Specialists, a 48-year-old physician-owned group, after the group canceled its bankruptcy auction and named Jefferson the successful bidder. Pottstown Medical Specialists filed for Chapter 11 on Aug. 30 in…
Harrisonburg, Va.-based Harrisonburg Family Practice has been acquired by Fishersville, Va.-based Augusta Health, according to an Oct. 15 news release. The seven-physician practice has served the Harrisonburg community for 50 years. It provides family medicine for patients of all ages,…
Physician practice deals drew pushback this year from regulators, lawmakers and researchers. Here are five controversies that shaped the conversation: 1. USAP settles FTC roll-up case. On April 23, the FTC announced an agreement in principle with Houston-based U.S. Anesthesia…
A federal bill introduced Sept. 16 would do more than bar private equity firms from owning physician practices. It targets the management services organization structure PE-backed platforms have used to operate in corporate practice of medicine states, and it would…
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Walla Walla, Wash.-based Seleverstov Medical is permanently closing its doors, according to a notice posted on the practice’s website. The practice is asking patients with urgent medical needs to seek care at urgent care clinics or emergency rooms in the…
While the decline of independent practice has persisted as a general trend across medicine, the consolidation of physician practices has played out differently across specialties. A 2025 specialty-level breakdown of independent practice published by the American Medical Association found private-practice…
Pottstown, Pa.-based Pottstown Medical Specialists, a physician-owned multispecialty group, filed for Chapter 11 bankruptcy Aug. 30 in the U.S. Bankruptcy Court for the Eastern District of Pennsylvania. Founded in 1978, the practice has grown from an internal medicine office into…
Mishawaka, Ind-based Franciscan Health has added six clinicians — four physicians and two nurse practitioners — from Optum’s now-closed Zionsville, Ind., primary care practice, Current Publishing reported Aug. 26. The health system said the group will practice at Franciscan Physician…
Florence (S.C.) Ears, Nose and Throat has joined McLeod Physician Associates, rebranding as McLeod Florence ENT effective Aug. 1, McLeod Health announced Aug. 10. The practice includes four board-certified otolaryngologists: Howard Farrell, MD; Shawn McKay, MD; David Rosi, MD; and…