GHA Represented Advantia Health in its Acquisition of Physicians & Midwives Collaborative Practice

September 2018 – Miami, FL

Global Healthcare Advisors, LLC is pleased to announce the acquisition of Physicians & Midwives Collaborative Practice by Advantia Health.

Advantia Health, a fast-growing innovative healthcare company focused on women’s health and the role women play as “chief medical officer” of their families, acquired the Virginia-based Physicians & Midwives practice and its five offices in Northern Virginia. In a little over four years, Advantia Health has grown-up to become a leading healthcare provider in the Mid-Atlantic with more than 120 practicing providers.

The addition of Physicians & Midwives’ five offices brings nine additional physicians and 15 mid-level practitioners into Advantia Health. This acquisition further establishes Advantia’s growing footprint in the Mid-Atlantic region, and expands access to its Woman’s Health Hub model. Advantia’s Woman’s Health Hub model physically and clinically integrates primary care, behavioral health and other commonly utilized services into its OB/GYN practices, providing high quality coordinated services to meet women’s needs conveniently and at lower cost. Advantia’s expanding footprint in the Mid-Atlantic region will lead to Advantia Health managing over 10,000 births in the region by early 2019.

Dr. Giammittorio of Physicians & Midwives was named one of the region’s “Top Doctors” in the obstetrics/gynecology category by Washingtonian magazine in 2008. Dr. Giammittorio was appointed to the Virginia Board of Medicine by Governor Bob McDonnell in October 2014 and was reappointed by Governor Terry McAuliffe to a four-year term in September 2016. In 2015, he agreed to serve on the Admissions Committee at his alma mater, The Virginia Commonwealth University School of Medicine in Richmond, Virginia. Dr. Giammittorio is passionate about advancing the Physicians & Midwives mission of delivering convenient and compassionate care. He is responsible for the overall practice direction and governance of 25 providers and 50 support staff, but still reserves every Monday to see patients in the Alexandria office on Kenmore Avenue.

Five other physicians shared in the ownership of Physicians & Midwives: Dr. Kenneth Ahdoot, Dr. Mary E. Cutting, Dr. Denise Cunningham, Dr. Kimberly Kongkasuwan and Dr. Tabitha Andre. All nine staff physicians are certified Fellows of The American Congress of Obstetricians and Gynecologists (FACOG).

“Happy to add another great group. We are selective and Physicians & Midwives is exactly the type of group we want to partner with as we grow the reach of our Woman’s Health Hub model.”

– Sean Glass, CEO & Co-Founder, Advantia Health

“We build on the trusted relationship that a woman shares with her OB/GYN. Technology and an innovative care model enables physicians and allied health professionals that join Advantia to thrive in a fast-changing healthcare environment while retaining the culture and benefits of an independent private practice.”

– Dr. Peter Glass, CMO & Co-Founder, Advantia Health

About Advantia Health

Advantia Health is a fast-growing, innovative healthcare company focused on women’s health and the role women play as “chief medical officer” of their family. Advantia’s Woman’s Health Hub model, which physically and clinically integrates primary care, behavioral health and other commonly utilized services into their OB-GYN practices, provides high quality coordinated services to meet women’s needs conveniently and at lower cost. Technology and an innovative care model enable Advantia physicians and allied health professionals to thrive in a fast-changing healthcare environment while retaining the culture and benefits of independent private practice. Learn more at www.advantiahealth.com.

About Physicians & Midwives

Physicians & Midwives (www.physiciansandmidwives.com) provides a wide range of obstetrics and gynecological care to its Northern Virginia patients, stressing “Convenient, Compassionate, Care for Women.” The practice prioritizes accessibility to providers and responsiveness to the needs of patients by maintaining centralized staff dedicated to scheduling appointments, responding to test result inquiries, processing prescription refill requests and fielding health questions with the appropriate provider.

About Global Healthcare Advisors, LLC

GHA is a boutique investment bank focused exclusively on buy-side acquisition advisory services in the healthcare industry. GHA has extensive experience aiding strategic companies and financial sponsors in executing transactions across a variety of healthcare verticals. Our team combines research with a vast rolodex and extensive M&A experience to provide clients with actionable proprietary deal flow.

With over 25 years of investment banking experience, GHA specializes in creating win-win scenarios for both our clients and their partners. Our role during an engagement is to help achieve both sides’ key objectives and ensure smooth transactions.

For inquiries or more information, please contact Larry Carter, Managing Partner, at (786) 209-2340 or lcarter@ghadvisors.net.