Summit Health, formed by the merger of CityMD and Summit Medical Group in 2019, announced today two major partnerships with Westmed Medical Group (“Westmed”), a multispecialty medical practice with locations in Westchester County, NY and Fairfield County, CT, and New Jersey Urology (“NJU”), one of the leading urology practices in the United States. Westmed Medical Group is an award-winning multispecialty medical practice, staffed by a team of nearly 500 top physicians and advanced care providers, and 1,500 clinical employees dedicated to providing patients with comprehensive, lifelong care. New Jersey Urology is a premier urology practice in the United States. NJU provides complete urologic care and comprehensive individualized treatment at more than 60 locations, including six state-of-the-art Cancer Treatment Centers.
Delta Medix became part of Lehigh Valley Physician Group (LVPG) Dec.28, ushering in a new era of exceptional health care. LVPG is part of Lehigh Valley Health Network (LVHN). “Bringing Delta Medix into LVPG gives residents of this region greater access to the leading-edge, comprehensive care they’ve come to expect and deserve from both groups, and the best part is it’s all here in the Scranton area,” says James Demopoulos, Senior Vice President and Chief Operating Officer, LVPG. Delta Medix is the Scranton area’s leading specialty practice with a long track record of success. Each year, it cares for over 42,000 patients and performs over 17,000 surgical procedures.
One of Buffalo’s largest urban health care organizations has a new owner. G-Health Enterprises was acquired by CINQ Care, a private company formed three months ago with offices in Washington, D.C., and Manhattan. CINQ Care will provide financial and operational support to scale and grow G-Health’s service offerings, staff and resources to continue to enhance health care to Black and Brown communities across Western New York, according to a press release.
Froedtert Health and Sensia Wellness, LLC (Sensia) announced Thursday that Froedtert Health has acquired Sensia. The finalized agreement calls for providers and Sensia employer clients to be contracted with and serviced by Froedtert Health Workforce Health. The acquisition supports Froedtert Health’s continued growth within Wisconsin and builds on the organization’s suite of employer-based health care offerings including wellness programs, occupational health services, workplace clinics and other employer-related services – including COVID-19 related services. Sensia was an independent healthcare company providing comprehensive occupational health, wellness and primary care services to employers and their employees.
Fast Pace Health (“Fast Pace”), a leading provider of outpatient healthcare services to rural communities, announced today that it has partnered with Rural Health Alliance (“RHA”) to expand its value-based care service offering to underserved rural populations and increase access to care for many vulnerable Americans. The combination results in a leading, multi-specialty provider of rural healthcare and value-based care population health management services through a network of 170 clinics and over two million annual patient visits across the states of Tennessee, Mississippi, Kentucky, Louisiana, and Indiana. Fast Pace is a portfolio company of Revelstoke Capital Partners, a private equity firm focused on investing in healthcare services companies.
Provident Healthcare Partners (“Provident”) announced that it has advised Riverside Medical Clinic (“RMC”) in its partnership with Universal Health Services (NYSE: UHS). RMC is a premier multi-specialty physician practice that employs more than 180 physicians and advanced practice providers in seven physician offices located in Murrieta, Eastvale, Jurupa, Temescal Valley and Riverside, California. In addition, the physician owners of RMC operated a Management Services Organization (“MSO”), employing 800+ team members. Headquartered in King of Prussia, PA, UHS has 89,000 employees and through its subsidiaries operates 26 acute care hospitals, 334 behavioral health facilities, 39 outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services.
Liberty Health Services (LHS), a Virginia limited liability company, has announced the acquisition of Collaborative Health Partners (CHP), a healthcare management services organization with a clinically integrated network of providers headquartered in Central Virginia. This acquisition will expand CHP’s ability to grow and further support the primary care, specialty care, and ancillary service offerings of its current clients, CVFP Medical Group and Liberty Mountain Medical Group (LMMG). As part of this acquisition, LHS will adopt Collaborative Health Partners’ name and brand. Because CHP has the largest primary care network in Central Virginia, it has a deeper, more patient-focused platform to align around quality and cost in a way not achievable in traditional health care models.
Privia Health Group, Inc. (Nasdaq: PRVA), a technology-driven, national physician enablement company that collaborates with medical groups, health plans and health systems, announced Monday it is entering the California market and expanding its presence in Texas. Privia Health has affiliated with BASS Medical Group to expand its footprint across the state of California. BASS Medical Group, one of the Greater San Francisco Bay Area’s leading healthcare multi-specialty groups, cares for patients at over 125 locations with more than 400 providers spanning 42 specialties. Privia Health also announced that it is entering the West Texas market in partnership with Abilene Diagnostic Clinic, an independent multi-specialty group practice with more than 30 providers and five care center locations.
CNOS, a physician-owned medical provider specializing in orthopedic services, sports medicine and neurology, and Tri-State Specialists, a provider of orthopedic services, surgeries and other specialties, have announced plans to consolidate their operations under the CNOS name. The physicians of Tri-State Specialists will combine with CNOS effective Jan. 3, 2022, according to a news release. CNOS has outreach clinics scattered throughout Northwest Iowa, Northeast Nebraska and Southeast South Dakota. Tri-State was formed on the merger of three previous practices about a decade and a half ago, and operates from two locations, one in the UnityPoint Health-St. Luke’s complex on Pierce Street and one in Le Mars at Floyd Valley Healthcare.
Valor Healthcare, Inc. (“Valor” or the “Company”), a portfolio company of Trive Capital, is excited to announce its recent acquisition of CRAssociates, Inc. (“CRA”). Founded in 1997 and headquartered in Springfield, VA, CRA is an outsourced provider of Community-Based Outpatient Clinics (“CBOC”) for Veteran Affairs Medical Centers. Key service offerings include design and development of mission critical healthcare facilities logistics and management of healthcare professionals to provide comprehensive, cost-effective healthcare services for government and corporate clients throughout the United States.
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