Merger and acquisition activity in the Physician Medical Group sector fell 45%, with 41 transactions announced in the fourth quarter of 2019, according to data from HealthCareMandA.com. The total is the lowest reported in the previous four quarters. M&A declined 37% compared with the fourth quarter in 2018, when 65 deals were announced. One deal disclosed a price in the fourth quarter of 2019, as the Swiss private equity firm Partners Group paid $2.2 billion to acquire Ballwin, Missouri-based EyeCare Partners from FFL Partners. EyeCare Partners offers comprehensive medical eye care services in 450 locations across 13 states, employing approximately 585 physicians. Ophthalmology practices were the most popular segment for investors in the fourth quarter, with 12 deals announced. Six deals for dental practices were announced and five for gastroenterology practices.
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Source: https://www.prweb.com/releases/physician_medical_group_m_a_activity_continued_to_decline_in_q4_2019_according_to_acquisition_data_from_healthcaremanda_com/prweb16858687.htm