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Physician medical group Q4 2016 M&A activity finished strong, report says

Physician medical group merger and acquisition activity remained steady in the fourth quarter of 2016, capping off a strong year.

The report was compiled by HealthCareMandA.com and utilizes data from all 13 sectors of healthcare.

Here are four things to know from the report.

1. Twenty-seven transactions were announced during Q4 of 2016, down two transactions from the previous quarter.

2. The 27 transactions represent a 17 percent increase from the 23 transactions announced during Q4 of 2015.

3. The Blackstone Group's acquisition of TeamHealth Holdings for $6.1 billion was the second largest physician medical group transaction announced during Q4.

4. Hospitals and health systems announced a total of six acquisitions during the quarter, compared to the three transactions private equity firms announced.

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