And Then There Were Two...

The Chicago metro area is home to roughly 9.5 million people who deal with their share of weekend warrior pains, weather aches or chronic health issues.  Fortunately, there’s an abundance of physical therapists and clinics to address such health concerns.  Interestingly, three of the country’s largest PT platforms also call Chicago home – Athletico, Accelerated and ATI.  While each platform is well entrenched in the area, they have all successfully expanded their footprint beyond the Windy City.

Recent news comes that Athletico and Accelerated Rehabilitation Centers are combining efforts...  An enhanced service level to patients is expected along with a bump up in status among the industy’s top companies.  The larger organization will be led by Mark Kaufman from the Oak Brook, IL headquarters.  >>Read more

3Q Deals Add Up / DaVita Adds On

Just released…
Axial*'s third quarter, 2014 snapshots of deal activity in key business sectors  (Energy, Manufacturing, Healthcare, Tech). 

Source:  Axial

Third quarter deal flow in Healthcare & Life Sciences reached the highest level this year - an increase of 28% quarter-over-quarter.  Healthcare Services deals topped that of other Healthcare subsegments: Facilities, Equipment, Life Sciences Tools & Services, Supplies.  Industry executive,  Brent Earles, suggested that:  

"Many medical groups, independent practice associations, hospitals, and health systems will merge or be acquired. These transactions will drive systems to gain increased access points, greater critical mass, expanded population health management knowledge, and a stronger presence in geographic areas or regions.”    

*Axial is a largest network for professionals who run, advise & finance private companies. >>Read more

Source:  Axial

In fact…
Today's news from Colorado supports Mr. Earles' premise.  DaVita HealthCare Partners announced its intention to acquire Colorado Springs Health Partners (CSHP).  DaVita is a provider of population health and kidney care services.  The completed acquisition will add another multi-specialty medical group with 100+ physicians at 11 locations to the organization.  The  company already manages medical groups in six other states:  California, Nevada, Florida, Arizona, New Mexico, Pennsylvania.  >>Read more