From a jointly built AI documentation tool with Abridge to three distinct growth partnership models, Oakland, Calif.-based Kaiser Permanente has spent the past few months navigating expansion, labor tension and legal exposure. Here’s a breakdown of Kaiser Permanente’s notable initiatives…
ASC Transactions & Valuation Issues
Three physician practices announced closures within a single month, spanning rural Oklahoma, small-town Texas and Owensboro, Ky., as physicians cite retirement, personal reasons and the ongoing challenges of sustaining independent practice in underserved communities. Here are three physician practice closures…
Pottstown, Pa.-based Pottstown Medical Specialists, a physician-owned multispecialty group, filed for Chapter 11 bankruptcy Aug. 30 in the U.S. Bankruptcy Court for the Eastern District of Pennsylvania. Founded in 1978, the practice has grown from an internal medicine office into…
The physician owners of Atlas Surgery Center in Amherst, N.Y., have proposed the sale of their majority stake in the facility for $54 million, an Atlas physician confirmed to Becker’s in an email Aug. 27. Per the proposed deal, the…
More than half of U.S. physicians, 59.4%, are now employed by a hospital or health system, according to a new analysis from Trilliant Health that assessed 700,000 physicians across the country. Here are four more things to know 1. The…
Advertisement
Woodside Health has acquired Nansemond River Medical Center, a 33,000-square-foot medical outpatient building in Suffolk, Va., according to an Aug. 26 news release. The property is anchored by Sports Medicine & Orthopedic Center and houses multiple specialty clinical tenants. The…
Healthcare real estate company Davis acquired a four-property portfolio of medical outpatient buildings from Waconia, Minn.-based Lakeview Clinic, a multispecialty medical group, according to an Aug. 24 report from RE Journals. The 114,360-square-foot portfolio, which includes MOBs in Waconia, Norwood,…
Private equity continues to expand its footprint across physician practices and outpatient care, with investors targeting specialties ranging from dermatology and plastic surgery to psychiatry and infusion services. Recent deals also highlight the range of strategies firms are using to…
Consolidation continues to reshape the ASC market, but the forces determining who wins — particularly in anesthesia — extend beyond access to capital. Large, often private equity-backed anesthesia groups are gaining ground in part because their scale allows them to…
Mishawaka, Ind-based Franciscan Health has added six clinicians — four physicians and two nurse practitioners — from Optum’s now-closed Zionsville, Ind., primary care practice, Current Publishing reported Aug. 26. The health system said the group will practice at Franciscan Physician…