Atria Health launched its partnership model for cardiology practices nationwide this week. Instead of buying and then subsequently owning practices, Atria provides capital, expertise and technology to help cardiologists build independent, physician-led practices.
The future of American healthcare hinges on the continued support and elevation of independent primary care—a cornerstone that not only enhances healthcare quality and cost controls but also ensures a healthier and more equitable future for all.
Break down the silos. Take control of your provider data.
M&A activity in the healthcare sector continued to decline in the second quarter of 2023, with the number of deals reaching its lowest point in three years. However, a new report predicted that M&A activity could increase in the second half of this year due to healthcare companies’ continually shrinking valuations and their divestitures of non-core assets.
Tebra, a company that sells software to independent physician practices, announced it has raised more than $72 million and reached a valuation greater than $1 billion. The company, which formed last year as a result of a merger between PatientPop and Kareo, will use the funding to advance its platform and scale its sales and marketing teams.
The greatest issue that must be addressed is also the elephant in the room: reducing the administrative burden on physicians.