The physician medical group sector remains a hot transaction space that outperforms expectations each quarter. This sector’s strong prospects are driven by interest from private equity groups, health systems, and value-based care organizations. However, before buyers operate in this robust…
Transactions & Valuation Issues
Youturn Health, a virtual behavioral health support program, has teamed up with Sure Med Compliance, a digital healthcare company for pain management risk mitigation, for a new behavioral health and substance misuse education platform.
Arlington, Va.-based Privia Health has formed a joint venture with Novant Health Enterprises, a division of the Winston-Salem, N.C.-based health system, to launch Privia Medical Group – North Carolina.
The following are hospital and health systems deals that were announced, completed or canceled in the month of October:
For $5 billion, CVS Health will settle all lawsuits — some that have lasted more than a decade — accusing the retail pharmacy chain of fueling the opioid epidemic. Walgreens also plans to settle its lawsuits for $4.95 billion over…
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Urbana, Ill.-based Carle Health signed a strategic affiliation agreement with Peoria, Ill.-based UnityPoint Health - Central Illinois and Des Moines, Iowa-based UnityPoint Health.
Portland-based MaineHealth's specialists, facilities, and hospitals will be in-network with New York-based Taro Health's insurance plans beginning on Nov. 1, according to an Oct. 26 news release shared with Becker's.
Dallas-based Neurovative Diagnostics partnered with Jacksonville, Fla.-based NeuroX to provide patients with neurodiagnostic testing, real-time consultation, and interpretation.
Beachwood, Ohio-based ARC Health has acquired The Ross Center, a Washington, D.C.-based mental health group.
Tacoma, Wash.-based MultiCare Health System and Yakima (Wash.) Valley Memorial reached an acquisition agreement, according to an Oct. 21 news release shared with Becker's.