The physician-owned cardiology practice recently filed for bankruptcy citing a troubled economy and declining reimbursements.
Vanguard will combine the group’s assets with its Abrazo Health Care, also based in Phoenix.
The deal is expected to be complete by mid-September.
Read the Arizona Republic report on Arizona Heart Institute.
Read more coverage on the Arizona Heart Institute:
– Physician-Owned Arizona Cardiology Group to Merge With Vanguard