Physician Medical Group M&A Activity Decreased in Q3:2016, According to Data from Irving Levin Associates, Inc.

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Acquisition activity in the Physician Medical Group market declined slightly from the second quarter, but was up significantly from the year-ago quarter, according to data from Irving Levin Associates, Inc.

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The physician medical group M&A activity declined in the third quarter of 2016 after an unusually strong second quarter.

The Physician Medical Group M&A activity declined in the third quarter of 2016 after an unusually strong second quarter, according to new data from Irving Levin Associates, Inc.

Deal volume decreased by 17% to 30 announced transactions in the third quarter, but these 30 acquisitions also represented a 58% surge in transactions from the year-ago quarter, when there were just 19 announced physician medical group (PMG) acquisitions. Of the 30 transactions announced in the third quarter, none had a disclosed price. This compares with $6.7 billion in the second quarter, which represented one large merger between Envision Health Holdings and AmSurg. MEDNAX, Inc. was the most active buyer during the third quarter with five acquisitions, which was the same number they announced in the first quarter. TeamHealth Holdings announced four acquisitions.

“Physician Medical Groups do not want to be on their own in the future with all the changes coming to how they get paid. They see alignment with almost anybody as a better option,” commented Lisa Phillips, Editor of the Health Care M&A Report, which publishes the data.

All quarterly results are published in The Health Care M&A Report for all 13 sectors of health care, which is part of the Health Care M&A Information Source. For more information, or to order the report, call 800-248-1668. Irving Levin Associates, Inc. was established in 1948 and has headquarters in Norwalk, Connecticut. The company publishes research reports and newsletters, and maintains databases on the health care and senior housing M&A markets.

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Rachel Scinto
Irving Levin Associates
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