South Island Medical closed its Freeland, Wash., clinic Sept. 9 and shifted operations to North Island Medical in Oak Harbor, its sister practice roughly 29 miles away, both owned by Palo Alto, Calif.-based Beyond Health, The South Whidbey Record reported…
Transactions & Valuation Issues
Colorado Imaging Associates and TRA Medical Imaging launched Affiliated Radiology, a physician-led radiology services organization. Affiliated Radiology will provide partnering organizations with PACS, clinical AI infrastructure, shared radiologist read capacity, and other technology and operational services, according to a Sept.…
UnitedHealth Group’s Optum has sold interest in some of Optum’s Florida WellMed clinics to private equity company TPG, Bloomberg originally reported Sept. 9. UnitedHealth Chief Financial Officer Wayne DeVeydt told Bloomberg that the healthcare company was looking for a partner…
Ascension Medical Group St. John Primary Care Pawhuska (Okla.) closed permanently on June 30, ending Dr. James Priest’s 59-year run as the rural Oklahoma clinic’s physician, Tulsa World reported Aug. 17. Dr. Priest, now in his late 80s, joined the…
Optum is speaking with multiple large New York health systems to sell some specialties in the state, the company confirmed to Becker’s June 24. The UnitedHealth Group subsidiary is considering the sale of certain specialties, including orthopedics, general surgery and…
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Minneapolis-based University of Minnesota, Fairview Health Services and University of Minnesota Physicians have finalized agreements that will shape the next 10 years of the organizations’ partnerships. The deal comes after months of negotiations in the wake of what some physicians…
As independent practices struggle to keep pace with consolidation, a contingent of physicians is responding with an entrepreneurial turn. Between 2012 and 2024, the share of physicians in private practice fell by nearly 20 percentage points from 60.1% to 42.2%,…
Here are seven hospitals and health systems laying off employees in the month of May, as reported by Becker’s: 1. Providence, R.I.-based Care New England laid off more than 30 leadership and nonclinical roles systemwide due to restructuring and financial…
Matthews, a commercial real estate investment services and technology firm, facilitated the sale-leaseback of a nine-property medical office portfolio across Atlanta and northern Georgia. Moreover, the firm said the deal marked the highest sale price for a privately owned medical…
Dallas-based Tenet Healthcare is expanding its ambulatory surgery center footprint, and has deployed $125 million in the first quarter of 2026 to acquire seven ASCs, representing half of its $250 million annual mergers and acquisition target for United Surgical Partners…