Texas Health Resources also acquired PhyServe, the management services organization that has served the MedicalEdge physicians and their business operations.
In a separate transaction, MedSynergies, a provider of hospital-physician alignment solutions, will acquire PhyServe from Texas Health.
Texas Health’s acquisition of the group will allow it to become a “‘medical home’ for thousands of North Texas Patients,” according to Douglas D. Hawthorne, FACHE, CEO of Texas Health Resources.
MedicalEdge features 250 locations and employs more than 420 physicians and physician extenders.
Terms of the deal, which closed Dec. 31, were not publicly disclosed.
Read the release on Texas Health Resources.
Read more coverage on Texas Health Resources:
– Vance Reynolds Named CEO of Texas Health Presbyterian Hospital
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit