Here are 24 acquisitions and partnerships that Becker's reported on in 2023:
- Toledo, Ohio-based ProMedica, a 12-hospital system, completed the sale of its home health, palliative and hospice business to Gentiva Health Services, a hospice company backed by Humana and private equity firm Clayton Dubilier & Rice.
- Healthcare software company WellSky acquired Corridor — which provides coding and revenue cycle platforms for the post-acute sector — from HealthEdge Investment Partners, a healthcare-focused private equity firm.
- Blackstone, a private equity firm, inked a deal to purchase a 72.5% stake in Quality Care India — which operates Care Hospitals — from Evercare, a platform backed by TPG Rise funds.
- Los Angeles-based Prospect Medical Holdings reached a deal with two Pennsylvania stakeholders to halt active litigation and activate a 270-day window to sell its struggling Springfield, Pa.-based Crozer Health.
- Nashville, Tenn.-based Envision Healthcare plans to split with AmSurg and reorganize as it emerges from bankruptcy, which the private equity-backed physician services company filed for in May with around $7 billion in outstanding debt.
- Private equity company Ascend Capital Partners acquired a majority stake in Seoul Medical Group, an independent physician association.
- Private equity group Thoma Bravo is seeking $1 billion of debt financing for its proposed purchase of EHR vendor NextGen Healthcare.
- A bipartisan group of lawmakers is looking to increase transparency in private equity-backed healthcare deals.
- Private equity group Thoma Bravo entered into an agreement to acquire EHR vendor NextGen Healthcare for about $1.61 billion in cash.
- Consensus Health Medical Group added five New Jersey-based independent medical practices, which adds eight physicians and six locations to its network.
- Eastern Carolina Emergency Physicians merged with Emergency Care Partners, a national provider of emergency medicine and emergency department management services for hospitals in Oklahoma, Texas, Arizona, Louisiana, Florida, New York, Illinois and North Carolina.
- JLL Capital Markets, a commercial real estate and investment management company, facilitated a joint venture between Sendero Capital, a privately held real estate firm, and investment firm Angelo Gordon, to invest a maximum of $300 million in outpatient healthcare real estate over the course of the next two years.
- Brandon, Fla.-based Bay Area Cardiology partnered with private equity-backed cardiovascular management group Cardiovascular Associates of America.
- Altus Community Healthcare, a portfolio company of private equity firm ZT Corporate, acquired Exceptional Emergency Center, a system of 14 emergency rooms across Texas.
- EyeSouth Partners, which is backed by private equity firm Olympus Partners, affiliated with Carolina Cataract & Laser Center and Eyecare Physicians & Surgeons, which both serve the Charleston, S.C., area.
- Private equity-backed Capitol Pain Institute acquired three practices and one ASC in Colorado.
- United Digestive partnered with private equity firm Kohlberg & Co.
- Privia Health formed a strategic partnership with Columbus-based OhioHealth to launch Privia Medical Group-Ohio.
- Fort Wayne, Ind.-based Parkview Physicians Group added Fairhaven Obstetrics and Gynecology in Goshen, Ind., to its network.
- Walgreens-backed VillageMD continued its expansion into the Northeast through its acquisition of Starling Physicians, a primary care and multispecialty physician group in Connecticut.
- Agilon Health acquired mphrX, a value-based care technology company that aims to provide interoperability solutions, for $45 million.
- Toms River, N.J.-based pediatric network Pediatric Affiliates partnered with Webster Equity Partners, a healthcare-focused private equity firm.
- Aledade added 450 primary care practices, including 60 health centers, to its network in 2023, making it the largest network of independent primary care providers in the country.
- Albuquerque, N.M.-based Presbyterian Healthcare Services announced plans to outsource its physician recruitment for its Santa Fe location to Sound Physicians, a private equity-backed staffing firm.