Transactions + Private Equity

Here are six things to know about physician recapitalization transactions, according to law firm Foley & Lardner:

Merger and acquisition activity in the physician medical group sector fell in the first quarter of 2023 to 135 publicly announced deals.

Provider enablement platform Vytalize Health has acquired a majority interest in Independent Physician Association of New York, which includes more than 3,000 healthcare providers and is one of the largest multispecialty IPAs in the country.

CVS Health has completed its acquisition of technology and services company Signify Health, which it entered into a definitive agreement to acquire for $8 billion September 5, 2022.

The U.S. primary care physician market is expected to grow to $339.6 billion by 2030, according to the "U.S. Primary Care Physicians Market Size, Share & Trends Analysis Report By Type" report from Research and Markets.

The Connecticut Office of Health Strategy has launched an inquiry into the acquisition of Rocky Hill-based Starling Physicians by VillageMD, according to a March 13 report from Hartford Business Journal.

Here are seven partnerships and acquisitions Becker's has reported on since Feb. 24:

Privia Health has formed a strategic partnership with Columbus-based OhioHealth to launch Privia Medical Group-Ohio. 

Walgreens-backed VillageMD has continued its expansion into the Northeast through its acquisition of Starling Physicians, a primary care and multispecialty physician group in Connecticut.

Agilon Health has acquired mphrX, a value-based care technology company that aims to provide interoperability solutions.