Transactions + Private Equity

Lee Health has acquired Prime MD Naples (Fla.), marking its first primary care presence in the county, the Fort Myers, Fla.-based health system said in a Dec. 3 news release.  The clinic, now operating as Family Medicine North Naples, offers…

Physicians overwhelmingly say healthcare mergers and acquisitions tend to make their work harder, according to Medscape’s “Doctors on Healthcare M&A Report” released Dec. 2.  Medscape surveyed 1,007 physicians across 29 specialties between May 5 and July 2. Quality of patient…

Marshall, Mo.-based Fitzgibbon Hospital will close two primary care clinics, effective Dec. 31, as a part of a larger cut to certain services.  The hospital will also close an inpatient behavioral health unit and Fitzgibbon Home Health and Hospice services.…

Between Nov. 24 and Nov. 26, Becker’s reported on the closures of five physician practices owned by Optum or subsidiaries of Optum, UnitedHealth Group’s physician practice arm.  1. Four primary care practices in southern New Jersey are being shuttered by…

Patrick County Urgent Care, an urgent care facility in Claudsville, Va., closed its doors Nov. 14, according to a notice posted in the window of the former physician’s office and obtained by Radio IQ Nov. 14. According to the report,…

The consolidation of independent physician practices by hospitals, insurers, corporate entities and private equity firms shows no signs of slowing down. In 2024, at least 47% of physicians were employed by or affiliated with hospital systems, up from 30% in…

CMS issued its final policy changes for Medicare payments under the Physician Fee Schedule — including a 3.77% increase from the current conversion factor.  Three physician leaders joined Becker’s to discuss their views on the new policy.  Editor’s note: These…

Here are seven acquisitions of physician practice acquisitions since Oct. 1, as reported by Becker’s: 1. Salt Lake City-based Intermountain Health signed an agreement to acquire Steinberg Diagnostic Medical Imaging, a Las Vegas-based outpatient radiology group with 12 locations across…

The rapid expansion of private equity’s influence in healthcare has impacted competition, affordability, safety and worker welfare in the industry, according to a report published by the Center for American Progress Oct. 30.  According to a February report by Cherry…

A longtime Martinsburg, W.Va., physician will retire and close his practice after 45 years, The Journal  reported Oct. 22. According to a notice published on the newspaper’s website, John Veltman, MD, of Panhandle Medicine, has arranged for his patients to…