Physician medical group M&A peaked in fourth quarter for 2020
Analysts predict that the uptick will continue and that this year could be record-setting for physician practice deals.
, Associate Editor
The fourth quarter of 2020 had the most physician medical group M&A activity for the year, increasing 15% from the previous quarter, according to data from HealthCareMandA.com.
Compared to the 52 acquisitions recorded in the third quarter last year, the physician group M&A market accelerated in the last part of the year with 60 publicly announced transactions.
Still, activity decreased by 5% compared with the fourth quarter of 2019.
Along with an increase in the number of transactions in the fourth quarter, the dollar amount also rose to more than $1.9 billion, compared to $896 million in the third quarter.