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
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
