Springdale, Ark.-based Community Clinic signed a letter of intent June 30 to acquire four Baptist Health Family Clinic locations in Arkansas’ River Valley, marking the nonprofit’s first expansion into the region. According to a June 30 news release, the clinics…
Transactions + Private Equity
Orthopedic groups and surgeons are thinking twice about partnering with private equity, and instead exploring other avenues that allow them to retain more control. Many surgeons go the private equity route because they feel that is the best way to…
Physician practice valuations have come down from their COVID-19 pandemic-era peak, but the market is still active and PE remains the dominant buyer. Here is what the current data shows. 1. The headline multiple has compressed, but remains historically high…
The Oregon Clinic has merged with Broadway Medical Clinic, a nearly 90-year-old practice in Portland, creating one of the state’s largest physician-owned practices while remaining independent, according to a June 8 news release. Broadway Medical Clinic, now operating as The…
While the financial headwinds battering healthcare are not new, some independent physician groups are blazing their own trail out of penury and debt toward financial solvency. Three recent cases map the emerging playbook for physician practice distress resolution. Here’s a…
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Minneapolis-based University of Minnesota, Fairview Health Services and University of Minnesota Physicians have finalized agreements to cement a new 10-year partnership set to take effect Jan. 1, 2027. The agreements operationalize a mediated deal reached in January and would preserve…
Hartford (Conn.) HealthCare has received certificate-of-need approval to acquire Wallingford, Conn.-based Consulting Cardiologists P.C. The system expects that the transaction will be completed this summer, it confirmed in an email to Becker’s June 9. Hartford HealthCare Medical Group filed a…
Uniontown, Ohio-based Pioneer Physicians Network has added Salem (Ohio) Family Care to its 18-practice network. According to a June 3 news release, Salem Family Care will join the network effective Jan. 1, 2027. The addition includes three physicians and two…
The Stark law has been on the books for more than three decades, but enforcement has never been more aggressive. In 2024, seven major Stark law indictments contributed to a record-breaking 979 qui tam lawsuits, with False Claims Act settlements…
A California state appellate court is set to hear arguments in a lawsuit brought by a fertility practice physician who said a private equity-backed management services organization fired him after he refused to dismiss an employee physician. According to the…