6 Recent Hospital-Physician Transactions

The following deals between hospitals and physicians — including acquisitions, affiliations and joint ventures — occurred or were announced since the middle of February, starting with the most recent.

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1. Pittsburgh-based Allegheny Health Network and Emergency Medicine Physicians, a physician-owned emergency department group, formed a joint venture — Allegheny Health Network Emergency Medicine Management — to manage EDs at nine Pennsylvania sites.
 
2. Memorial Hospital in Belleville, Ill., signed a deal with CEP America to have the company run its inpatient hospitalist program. As part of the deal, 10 physicians who were in Memorial Hospital’s hospitalist program became employees of CEP America.

3. Kansas City, Kan.-based Providence Medical Center acquired Family Medical Group PA, a six-physician practice in Kansas City.

4. Whittier Independent Practice Association, a Haverhill, Mass.-based physician group that affiliated with Boston-based Steward Health Care in 2011, went back to the physician organization at Beth Israel Deaconess Medical Center in Boston, with which it had previously been affiliated.

5. McLaren Medical Group, a subsidiary of Flint, Mich.-based McLaren Health Care, signed a letter of intent to purchase Mid-Michigan Physicians, a 70-physicain multispecialty group in Lansing Township. The deal could be finalized by July.

6. Illinois Health Partners, the Downers Grove-based joint venture between Edward-Elmhurst Healthcare and DuPage Medical Group, expanded through new ties to 500 physicians from Northwest Community Healthcare‘s physician hospital organization.

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