Here are four physician practice closures Becker’s has reported on in the last 60 days: 1. Alpha Wellness and Alpha Medical Centre, a physician practice based in Alpharetta, Ga., was forced to close following a cyberattack. On Feb. 3, the…
ASC Transactions & Valuation Issues
Amid rapid consolidation and declining physician autonomy, Charleston, S.C.-based Articularis Healthcare Group has built a model to keep community rheumatologists independent while giving them the scale and resources to thrive. Founded 10 years ago from a single practice, Articularis has…
Here are 10 physician group deals Becker’s has reported on in 2025: 1. Optum has acquired a 200-provider medical group in Kingsport, Tenn. Holston Medical Group has more than 70 locations in Northeast Tennessee and Southwest Virginia. The acquisition will…
Optum has acquired a 200-provider medical group in Kingsport, Tenn. Here are four more things to know: 1. Holston Medical Group has more than 70 locations in Northeast Tennessee and Southwest Virginia. 2. “Holston Medical Group is pleased to join…
Dublin, Ohio-based Cardinal Health, the majority stakeholder of GI Alliance, plans to acquire Solaris Health, a urology management services organization, for $1.9 billion in cash. According to an Aug. 12 news release, the acquisition will go through Cardinal Health’s multi-specialty…
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Jim Freund, managing partner at Physician Transaction Advisors, has spent decades in the ASC space, long before investment bankers began eyeing the sector. Mr. Freund joined Becker’s to share why his team’s experience shapes their approach to transactions, and how…
Maryville, Ill.-based Anderson Healthcare has temporarily shuttered several outpatient radiology services due to a national shortage of radiologists and radiology technologists. From Aug. 6 to Aug. 14, nonurgent outpatient imaging services were unavailable at Maryville Imaging, Goshen Imaging, Anderson Hospital…
Neenah, Wisc.-based ThedaCare has acquired the Wisconsin Institute of Urology in Fox Crossing, for $16.5 million. According to an Aug. 1 news release, WIU is the largest independent urology practice in the state. As a part of this agreement, ThedaCare…
Independent practices have been in steady decline over the last two decades, as hospitals and health systems have grown in size and market influence and the cost of operations whittles away at physicians’ bottom lines. Here are 10 statistics shaping…
Paul Berggreen, MD, is a gastroenterologist based in Phoenix. He serves as president of the American Independent Medical Practice Association and chief strategy officer of GI Alliance, a nationwide network of independent GI practices. Dr. Berggreen’s work focuses largely on…