Q4-2016 Emergency Medical Services Update-The emergency medical services sector continued its heightened acquisition activity in the fourth quarter of the year, particularly within ambulance services and emergency department management which both experienced a heavy volume of activity from private equity backed groups.
Q2-2016 Emergency Medical Services Update– Emergency Department Management continued to be a focus in the second quarter of 2016, with the announced merger of Envision and AmSurg, as well as Schumacher and ECI Healthcare. Ambulance services and Urgent Care also saw a number of transactions this quarter. Provident expects the interest in platform level organizations to continue throughout the remainder of the year.
Q1-2016 Emergency Medical Services Update– Transaction activity within the Emergency Medical Services sectors increased in the first quarter of 2016, with particular focus on Emergency Department Management Services. Envision Healthcare’s acquisition of Emergency Physicians Group marked a significant deal and hints at further consolidation activity fueled by strategic entities and private equity firms competing for platform opportunities.
Featured Publication – The urgent care industry is a diverse playing field where innovative leaders have built successful urgent care models to address the expansive demand for convenient, cost-efficient and patient-driven care. While urgent care’s growth across the country may face headwinds from government regulation and private payors in 2019 and beyond, urgent care will remain a hot area for growth, private investment and M&A activity.
Transaction Advisory – Cal-Ore Life Flight has merged with REACH Medical Holdings, Inc., a portfolio company of Heritage Partners, Inc. Cal-Ore is a leading provider of air and ground medical transportation services. Provident Healthcare Partners served as the exclusive financial advisor to Cal-Ore Life Flight.