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  6. PeaceHealth Medical Group Acquires ZOOM+Care

M&A Deal Summary

PeaceHealth Medical Group Acquires ZOOM+Care

On December 18, 2018, PeaceHealth Medical Group acquired healthcare services company ZOOM+Care

Acquisition Highlights
  • This is PeaceHealth Medical Group’s 1st transaction in the Healthcare Services sector.
  • This is PeaceHealth Medical Group’s 1st transaction in the United States.
  • This is PeaceHealth Medical Group’s 1st transaction in Oregon.

M&A Deal Summary
Date 2018-12-18
Target ZOOM+Care
Sector Healthcare Services
Buyer(s) PeaceHealth Medical Group
Deal Type Add-on Acquisition

Target

ZOOM+Care

Portland, Oregon, United States
ZOOM+Care is creating a better way to get and give healthcare. The Portland-based innovator is the leading provider of on-demand retail and digital healthcare. Zoom® cares for hundreds of thousands of people per year at 37 neighborhood clinics in Portland, Vancouver, Seattle and Salem. Zoom provides complete care including urgent care, primary care, specialty care, mental health, telemedicine and more. ZOOM+Care was founded in 2006 by Portland, Oregon, physicians David Sanders, MD, and Albert DiPiero, MD, MPH. ZOOM+Care was built on the promise of Twice 1/2 Ten® - twice the health, half the cost, ten times the delight. ZOOM+Care is credited with many healthcare firsts that have accelerated improvements in the delivery of care and has been selected as one of Oregon's "Most Admired Companies" for five consecutive years. ZOOM+Care and Zoom are registered trademarks of ZOOM+Care.

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Buyer(S) 1

Buyer

PeaceHealth Medical Group

Vancouver, Washington, United States
Category Company
Sector Healthcare Services
DESCRIPTION

PeaceHealth Medical Group, Inc. is a not-for-profit Catholic health system based in Vancouver, Washington. PeaceHealth hospitals and clinics offer care to communities in Washington, Oregon and Alaska. PeaceHealth has approximately 16,000 caregivers, a multi-specialty medical group practice with more than 800 physicians and providers, a comprehensive laboratory system, and 10 medical centers serving both urban and rural communities throughout the Northwest.

DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Oregon M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-01 PeaceHealth Laboratories - Laboratory Services

Vancouver, Washington, United States

PeaceHealth Laboratories - Laboratory Services is a provider of testing services for serving physicians and patients in Washington and Oregon. Physicians and patients will benefit from access to a broader range of testing services that includes advanced diagnostic capabilities.

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