Texas Health Resources Acquires North Texas Physician Practice Group
Texas Health Resources also acquired PhyServe, the management services organization that has served the MedicalEdge physicians and their business operations.
In a separate transaction, MedSynergies, a provider of hospital-physician alignment solutions, will acquire PhyServe from Texas Health.
Texas Health's acquisition of the group will allow it to become a "'medical home' for thousands of North Texas Patients," according to Douglas D. Hawthorne, FACHE, CEO of Texas Health Resources.
MedicalEdge features 250 locations and employs more than 420 physicians and physician extenders.
Terms of the deal, which closed Dec. 31, were not publicly disclosed.
Read the release on Texas Health Resources.
Read more coverage on Texas Health Resources:
- Vance Reynolds Named CEO of Texas Health Presbyterian Hospital
- Texas Health Presbyterian Hospital and LHP Hospital Group Partner to Acquire Wilson N. Jones Medical Center
© Copyright ASC COMMUNICATIONS 2015. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
New from Becker's Hospital Review
100 Great Hospitals in America 2015