M&A Deal Summary |
|
|---|---|
| Date | 2022-11-07 |
| Target | Summit Health-CityMD |
| Sector | Healthcare Services |
| Buyer(s) | VillageMD |
| Sellers(s) | Quest Diagnostics |
| Deal Type | Divestiture |
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VillageMD is a national primary care provider supporting physicians moving toward a primary care-led, high-value clinical model. VillageMD delivers data analytics, a physician practice-based care coordination model, leading technology, and on-the-ground support resources to make improvements at the point of care, resulting in high quality clinical outcomes across all markets and all patient populations. VillageMD also provides access to value-based reimbursement contracts that reward physicians for delivering high quality, cost effective care. VillageMD works with physician groups, independent practice associations, and health systems to improve quality, deliver a first-rate patient experience, and lower total medical costs in the communities they serve. VillageMD was founded in 2013 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 12 |
| Sector (Healthcare Services) | 10 of 11 |
| Type (Divestiture) | 2 of 2 |
| State (Michigan) | 1 of 1 |
| Country (United States) | 11 of 12 |
| Year (2022) | 6 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-07 |
CityMD
New York, New York, United States CityMD is an urgent care provider founded by a passionate group of emergency medicine physicians, CityMD's mission is to serve its communities by providing quality medical care through convenient access and an exceptional experience. The company's unwavering commitment to treating everyone with respect and genuine kindness while offering exceptional services and a cost-effective alternative to the ER. CityMD was founded in 2010 and is based in New York City. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-03-03 |
Starling Physicians
Rocky Hill, Connecticut, United States Starling Physicians is a physician-led multispecialty group, that delivers quality medical care to people of all ages. Starling works as a unified team to deliver personalized treatment with compassion and skill, resulting in better outcomes and a more enjoyable healthcare experience. Starling Physicians is based in Rocky Hill, Connecticut. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1967 |
| Sector | Healthcare Services |
| Employees | 40,000 |
| Revenue | 9.9B USD (2022) |
Quest Diagnostics is the world's leading provider of diagnostic information services that patients and doctors need to make better healthcare decisions. The company offers the broadest access to diagnostic information services through its network of laboratories and patient service centers, and provides interpretive consultation through its extensive medical and scientific staff. Quest Diagnostics was founded in 1967 and is based in Secaucus, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Healthcare Services) | 3 of 3 |
| Type (Divestiture) | 4 of 4 |
| State (Michigan) | 1 of 1 |
| Country (United States) | 3 of 3 |
| Year (2022) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-05 |
Summa Health - Outreach Lab Services Business
Akron, Ohio, United States Summa Health's Outreach Lab Services Business provides testing for physicians and patients. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-27 |
Haystack Oncology
Baltimore, Maryland, United States Haystack Oncology is an early-stage oncology company focused on minimal residual disease (MRD) testing to aid in the early, accurate detection of residual or recurring cancer and better inform therapy decisions. Haystack Oncology was founded in 2021 and is based in Baltimore, Maryland. |
Buy | - |
