The trend continues of independent doctors opting to merge with or sell their practices to larger medical groups. Minneapolis-based Allina Health System announced Tuesday that it has acquired Apple Valley Medical Clinic, a primary-care clinic and urgent-care center in Dakota County with more than 70,000 patient visits in 2018. The news followed word last month that two more independent practices are merging with Infinite Health Collaborative, a group launched last year that combined four medical groups including Twin Cities Orthopedics. The cost of technology, regulatory compliance and administrative infrastructure for maintaining a medical practice are all factors driving office-based physicians to consider consolidation, said Dr. Keith Stelter, the president of the Minnesota Medical Association.
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Source: http://www.startribune.com/clinic-consolidation-continues-as-allina-health-buys-apple-valley-medical-clinic/567567522