Health Care Deal News: Spotlight on Physician Medical Groups

After a robust market in physician medical groups in the first half of 2012, with nearly 50 announced acquisitions, the deal activity slowed down, at least in July.  But that didn’t stop MEDNAX, Inc. (NYSE: MD), which announced two transactions at the end of the month, but without prices.  In its first deal, MD is purchasing Anesthesia Medical Alliance of East Tennessee, a physician practice with 45 physicians in 16 locations.  In the second acquisition, MD is buying Loudoun Anesthesia Associates, a 12-physician practice that provides anesthesia services at two locations in Virginia. Both acquisitions are expected to be immediately accretive to earnings..........Want to read more? Click here for a free trial to The Health Care M&A Monthly and download the current issue today