Physician Medical Group M&A Activity Declined in Q1:2016, According to Acquisition Data from Irving Levin Associates, Inc.

FOR IMMEDIATE RELEASE

Lisa Phillips

Editor

800-248-1668
203-846-6800
Fax: 203-846-8300
pressreleases@levinassociates.com

NORWALK, CT – May 11, 2016 – The physician medical group (PMG) acquisition market witnessed a decline in activity in the first quarter of 2016 after a more robust fourth quarter 2015. Deal volume decreased by 18% to 18 announced transactions in the first quarter, which also represented a 25% drop from the year-ago quarter. While dollar volume was just $120 million, that represented a 14% increase over the year-ago quarter but an 11% decrease from 2015’s fourth quarter.  MEDNAX, Inc. was the most active buyer during the quarter with five acquisitions in five different states, while Premier Health announced two deals in Ohio.  Envision Healthcare Holdings announced the largest transaction, and the only one with a disclosed price. It paid $120 million for Michigan-based Emergency Physicians Medical Group, which has more than 500 clinical providers who staff 37 locations in six states. “With major changes in reimbursement on the horizon, we may see more physician groups seeking shelter with larger provider networks, bucking this recent trend of fewer deals,” commented Lisa Phillips, Editor of the Health Care M&A Report, which publishes the data.          

 

All quarterly results are published in The Health Care M&A Report for all 13 sectors of health care, which is part of the Health Care M&A Information Source.  For more information, or to order the report, call 800-248-1668.  Irving Levin Associates, Inc. was established in 1948 and has headquarters in Norwalk, Connecticut. The company publishes research reports and newsletters, and maintains databases on the health care and senior housing M&A markets.