Physician Medical Group M&A Activity Drops 37% in Q1: Good News for ASCs?

hand shakeThere were 12 merger and acquisition deals for physician medical groups in the first quarter of 2013, which was down 37 percent compared to the fourth quarter of 2012, according to a report from Irving Levin Associates.

Overall, the healthcare market merger and acquisition spending fell 50 percent in the first quarter, and was down 31 percent when compared with the first quarter of last year. Deal value slumped 50 percent, with buyers committing just $14.9 billion, when compared with the first quarter of last year.

During the first quarter of 2012, there were 21 deals with physician medical groups, which was 43 percent more than this year.

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