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Provident Healthcare Partners Provident Healthcare Partners

Q1-2023 Emergency Medical Services (“EMS”) Update

Provident Healthcare Partners
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Q1-2023 Emergency Medical Services (“EMS”) Update

Q1 2023 flourished with urgent care transactions, which included the official close of VillageMD’s acquisition of Summit Health- CityMD previously disclosed in Q4 2022. The first quarter also represented two new platform investments via private equity firms, highlighting the interest in urgent care’s continued growth. First, Agile’s investment reflects the synergies of combining urgent care with other ancillary walk-in services like occupational medicine. Second, Praesidian’s investment in pediatric urgent care demonstrates the buyers’ interest to seek out differentiated urgent care models such as pediatrics. Provident expects the EMS sector, led by urgent care, to continue its transaction pace throughout 2023.

To print and download the full EMS Update report, please click below…

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