United Surgical Partners International (USPI), a joint venture between Tenet Healthcare and Welsh, Carson, Anderson & Stowe, boosted its presence in the urgent sector in early 2016. USPI acquired 35 of CareSpot Express Healthcare's total urgent care locations (primarily Florida with several in Tennessee). USPI urgent care ownership interests increased to 81 locations.
The USPI CareSpot division will combine with the already Tenet-owned MedPost Urgent Care clinics (strong in the Southwest, Southeast, Texas with various MW and NE locations). However, each urgent care brand will maintain its own identity. >>Read more
As a mergers and acquisitions firm, MT Consulting specializes in the sale of privately held healthcare service businesses. Our blog highlights recent industry acquisitions and shares insight for potential sellers.
Showing posts with label Tenet. Show all posts
Showing posts with label Tenet. Show all posts
Wednesday, January 06, 2016
Friday, July 17, 2015
Is Bigger Better?
“Big is going to be better. Small is not going to survive."
These are the words of an East Coast healthcare exec earlier this year. Many analysts agree and apparently, so do some healthcare leaders - given the flurry of M&A activity in June/July and 2015. Consider:
- Mergers / sale of US hospitals (e.g.: Tenet's sale in St. Louis)
- Acquisition of physician groups and/or HC practices
- Target's pharmacy & clinic business sale
- Nursing facility buys (e.g.: Genesis HealthCare)
- Revenue cycle management services acquisition (i.e.: ROI Companies)
- And, the pieces de resistance --- Aetna's $37B BIG BUY
Time will tell if the trend (probably) and pace continues (Check back in a few..).
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