Physician medical group deals nearly doubled in the first quarter of 2021 and have continued at the same elevated levels since, according to a June report from PwC.
Three more stats to know:
1. There were 482 physician medical group deals in the year through May 15, 2021, totaling $5.7 billion.
2. Health services deal volume was down 9 percent from the fourth quarter of 2021 to the first quarter of 2022.
3. Long-term care is driving many transactions in 2022, with 498 deals between May 15, 2021 and May 15, 2022.