M&A Deal Summary

PIH Health Acquires Los Angeles Cardiology Associates

On April 1, 2021, PIH Health acquired healthcare services company Los Angeles Cardiology Associates

Acquisition Highlights
  • This is PIH Health’s 1st transaction in the Healthcare Services sector.
  • This is PIH Health’s 1st transaction in the United States.
  • This is PIH Health’s 1st transaction in California.

M&A Deal Summary

Date 2021-04-01
Target Los Angeles Cardiology Associates
Sector Healthcare Services
Buyer(s) PIH Health
Deal Type Add-on Acquisition

Target

Los Angeles Cardiology Associates

Los Angeles, California, United States
Los Angeles Cardiology Associates engages in advanced techniques including transcatheter aortic valve replacement (TAVR) for the treatment of aortic stenosis, transcatheter mitral valve repair and replacement for the treatment of mitral regurgitation and stenosis, and the minimally invasive transradial cardiac catheterization procedure.

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Buyer(S) 1

Buyer

PIH Health

Whittier, California, United States

Category Company
Sector Healthcare Services
DESCRIPTION

PIH Health is a nonprofit, regional healthcare network that serves approximately 3.7 million residents in the Los Angeles County, Orange County, and San Gabriel Valley region. The fully integrated network is comprised of PIH Health Downey Hospital, PIH Health Good Samaritan Hospital, PIH Health Whittier Hospital, 35 outpatient medical office buildings, a multispecialty medical (physician) group, home healthcare services, and hospice care, as well as heart, cancer, digestive health, orthopedics, women's health, urgent care, and emergency services. PIH Health is based in Whittier, California.


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: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1