Horizon Blue Cross Blue Shield of New Jersey has agreed to acquire multispecialty physician group Summit Health’s New Jersey operations, including CityMD urgent care sites in the state, the insurer confirmed to Becker’s. “We are excited by the opportunity to…
Transactions & Valuation Issues
The George Washington University Medical Faculty Associates changed its bylaws in fiscal 2025 to remove many of George Washington University’s consent rights over the Washington, D.C.-based physician group, The GW Hatchet reported Oct. 5, citing the MFA’s tax filings. The…
Colorado Imaging Associates and TRA Medical Imaging launched Affiliated Radiology, a physician-led radiology services organization. Affiliated Radiology will provide partnering organizations with PACS, clinical AI infrastructure, shared radiologist read capacity, and other technology and operational services, according to a Sept.…
Ascension Medical Group St. John Primary Care Pawhuska (Okla.) closed permanently on June 30, ending Dr. James Priest’s 59-year run as the rural Oklahoma clinic’s physician, Tulsa World reported Aug. 17. Dr. Priest, now in his late 80s, joined the…
Washington, D.C.-based George Washington University and King of Prussia, Pa.-based Universal Health Services will “operationally” close their deal to transfer Medical Faculty Associates’ clinical operations July 31, but the District of Columbia’s Office of the Attorney General will maintain the…
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Minneapolis-based University of Minnesota, Fairview Health Services and University of Minnesota Physicians have finalized agreements that will shape the next 10 years of the organizations’ partnerships. The deal comes after months of negotiations in the wake of what some physicians…
As independent practices struggle to keep pace with consolidation, a contingent of physicians is responding with an entrepreneurial turn. Between 2012 and 2024, the share of physicians in private practice fell by nearly 20 percentage points from 60.1% to 42.2%,…
Vancouver, Wash.-based PeaceHealth and Eugene (Ore.) Emergency Physicians have reached a three-year agreement for several PeaceHealth hospitals in the region after months of controversy surrounding its emergency department staffing contract. According to a news release shared with Becker’s May 20,…
Maury Regional Medical Group added Middle Tennessee Ear, Nose & Throat Specialists to its physician network, according to an April press release. The practice will operate as MRMG Ear, Nose & Throat and includes Shaun Corbin, MD, and Stephen Parey,…
Court proceedings are underway in the first lawsuit involving Oregon’s new healthcare consolidation law. The case is related to a staffing contract switch involving Vancouver, Wash.-based PeaceHealth, Eugene (Ore.) Emergency Physicians and Atlanta-based ApolloMD, Lookout Eugene-Springfield reported April 27. Eugene…