Physician group M&A activity declines in Q3

Physician group merger and acquisition activity fell by 17 percent to 30 transactions in the third quarter of 2016 compared to the previous quarter, according to data from Irving Levin Associates.

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Although deal volume was down from the previous quarter, the 30 transactions represent a 58 percent increase over the third quarter of 2015 when 19 deals were announced.

Fort Lauderdale, Fla.-based Mednax was the most active buyer in the third quarter of 2016 with five acquisitions, according to the report. During the third quarter, Mednax acquired Florence, S.C.-based Medical Anesthesia Consultants; Anesthesia Associates of Naples, Fla.; Maternal Fetal Medicine of Southwest Florida in Fort Myers; Pediatric Cardiology Associates in Fairfax, Va.; and Associated Anesthesiologists of Reno (Nev.).

More articles on healthcare industry transactions:

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