Scottsdale, Ariz.-based HonorHealth has finalized its acquisition of 11 Evernorth Care Group, part of Cigna Group, Jan. 2. Here are four things to know: 1. HonorHealth agreed to acquire Evernorth Care Group in early September. At the time, Evernorth operated…
Transactions + Private Equity
Yankton (S.D) Medical Clinic has struck a new professional services agreement with Sioux Falls-based Avera Health. According to a Dec. 23 news release, Yankton will remain an independent medical practice, partnering with Avera to expand only certain services and strengthen…
The Corvallis (Ore.) Clinic, a subsidiary of Optum, plans to end maternity and women’s health services in 2026, Oregon Live reported Dec. 19. In a letter sent to patients across the clinic’s 11 locations in the state, the practice said…
After two volatile years marked by regulatory uncertainty and uneven deal values, health services mergers and acquisitions could pick up in 2026, according to a Dec. 16 report from PwC. Here are 10 trends to know from the report: 1.…
Cardiology, ophthalmology and oncology/urology have some of the highest earnings before interest, taxes, depreciation and amortisation multiples in today’s market, according to a Nov. 18 report from Focus Investment Bankers. Here’s a breakdown of average EBITDA multiples, by physician specialty:
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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,…