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.