Little Traverse Primary Care announced it has joined Munson Healthcare as of Jan. 1. The partnership will provide a variety of specialty care and services, including heart and vascular care, a regional cancer network, comprehensive stroke care and more. Munson Healthcare Little Traverse Primary Care provides primary care services for adults and children, specializing in preventive and wellness medicine.
In December, CVS Health (NYSE: CVS) shared its strategy for “revolutionizing” the consumer experience through its primary care, payer, digital and omnichannel health services offerings, including home health care. President and CEO Karen Lynch doubled down on that agenda while speaking at the 40th Annual J.P. Morgan Healthcare Conference Tuesday morning. Beginning with further investments into risk-based primary care models, CVS has a four-pronged plan as it continues to evolve into a multifaceted health care organization. Its immediate objectives likewise include diversifying its growth portfolio with other new health services and exploring additional digital-health capabilities.
VillageMD announced today it has expanded its footprint in the Atlanta area with Venture Medical Associates, LLC. The 12 primary care providers will be accepting new patients at Village Medical in McDonough, Monticello, and Locust Grove, Ga. The board-certified physicians are also affiliated with the American Academy of Family Physicians. Village Medical offers comprehensive primary care across a broad range of physician services, including Village Medical at home and virtual health visits.
A Jacksonville-based clinic has become the first location in the Coastal North Carolina area to join the family of clinics managed by Cary Medical Management (CMM). The practice, which was owned and operated for 40 years by Dr. Andre KS Tse (AKT) will continue to provide high-quality, affordable healthcare to Eastern North Carolinians. AKT joins five other practices supported by CMM in Cary, Wendell, Rocky Mount, Greensboro and the Chapel-Hill/Carrboro area.
Circulo Health, an Ohio-based insurance startup focused on people who use Medicaid, has quietly acquired primary care provider Huddle Health, Axios has learned. Circulo is also said to have partnered with telehealth startup Brave Health to deliver tele-psychiatry services. Much of the recent healthcare buzz has focused on using tech to provide affluent people with more convenient, comprehensive care. That’s left people who use Medicaid or Medicare — notably, those most in need of care — behind. Circulo is among a new crop of startups that’s emerging to buck the trend, tailoring their products to the Medicaid and Medicare markets instead of the worried well.
Palm Medical Centers (“Palm”), an MBF Healthcare Partners II, L.P. (“MBF”) portfolio company, announced the acquisition of Robert V. Barbarite, M.D., P.A., a six-provider internal medicine practice in Parkland, Florida. The medical clinic becomes Palm Medical Centers’ 21st primary care location in Florida, and its seventh new center opened during 2021. It is an integral hub for the company, as it sets to execute on its strategic expansion goal during 2022.
Primary care in the United States has long been undervalued. Can companies moving into this space address its chronic problem — namely, that it is undervalued and undercompensated? There are three strategies they could employ: use primary care as a loss leader for their mainstay business; make fee-for-service primary care more profitable by increasing its productivity; apply a capitation model and assume the financial risk of the cost of care.
Praxis Health has announced the acquisition of a new clinic, Northwest Medical Associates. Northwest Medical Associates was founded in 1986 by Dr. Stanley Sugarman and Dr. Alan Jones. The clinic has been an integral part of the Vancouver community for over 35 years. The expansion into Vancouver marks the continued growth of Praxis Health, Oregon’s largest independent medical group with its first location in Washington. Praxis Health is a family-owned and operated organization, focused on providing the highest possible level of care in the Pacific Northwest while delivering community-oriented care through accessible services that optimize the health and quality of life of all persons.
Healthcare services and technology company Altais, has finalized the agreement to acquire Family Care Specialists Medical Corporation (FCS). FCS was founded in 1988 and provides all-age family healthcare to communities in the eastern and northern Los Angeles metropolitan area. It is comprised of a medical group with more than 120 staff, an independent physician association with more than 340 primary care physicians and specialists, and a nationally recognized family-medicine residency program.
Akeso Occupational Health announced Tuesday the acquisition of Industrial Medical Group (IMG) located in Santa Maria, CA. IMG is synonymous with top quality occupational health care for its agriculture, industrial and aerospace clients. This transaction is part of Akeso’s vision to build a highly scaled independent occupational health care platform and marks the fifth major acquisition for the company in the last twelve months. Founded over 30 years ago, Industrial Medical Group of Santa Maria Valley provides quality occupational medicine to the industrial, agriculture and aerospace communities, including work injury care, drug/alcohol testing, pre-placement exams and workers’ compensation evaluations.
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