News & Recent Projects

News Releases

  • Haverford Healthcare Advisors Announces the Acquisition of Medical Anesthesia Consultants, LLC by MEDNAX, Inc.

    September 16, 2016

    Medical Anesthesia Consultants, LLC’s 20 anesthesiologists provide anesthesia care across a wide spectrum of subspecialty areas including pediatrics, high-risk obstetrics, thoracic, cardiovascular, urology, neuro-anesthesia, orthopedics and acute pain management for post-operative pain.  They are the exclusive provider of services to multiple facilities within the McLeod Health system including McLeod Regional Medical Center, McLeod Seacoast, McLeod Loris, McLeod Dillon and McLeod Health Cheraw.

    MEDNAX, Inc. (NYSE: MD) is a national health solutions partner comprised of the nation’s leading providers of physician services.  Physicians and advanced practitioners practicing as part of MEDNAX are reshaping the delivery of care within their specialties and subspecialties, using evidence-based tools, continuous quality initiatives, clinical research and telemedicine to enhance patient outcomes and provide high-quality, cost-effective care.  The Company was founded in 1979, and today, through its affiliated professional corporations, MEDNAX provides services through a network of more than 3,400 physicians in all 50 states and Puerto Rico.  In addition to its national physician network, MEDNAX provides services to healthcare facilities and physicians in over 40 states through two complementary businesses, consisting of a revenue cycle management company and a consulting services company.  Additional information is available at www.mednax.com.

  • Haverford Healthcare Advisors Announces the Acquisition of Northwest Anesthesia, PA by MEDNAX, Inc.

    June 7, 2016

    Northwest Anesthesia, PA’s 37 full-time equivalent anesthesiologists and 91 full-time equivalent anesthetists provide services to seven Allina Health facilities, including Abbott Northwestern Hospital, the Minneapolis Heart Institute and The Mother Baby Center.  In addition, Northwest Anesthesia is the exclusive provider of professional anesthesia services to several off-campus surgical centers throughout Minneapolis and other Allina Health tertiary hospitals.

    MEDNAX, Inc. (NYSE:  MD) is a national medical group comprised of the nation’s leading providers of neonatal, anesthesia, maternal-fetal and pediatric physician subspecialty services.  MEDNAX’s American Anesthesiology division was established in 2007 and includes more than 2,575 anesthesiologists and advanced practitioners who provide anesthesia care to patients in connection with surgical and other procedures as well as pain management.  MEDNAX, through its affiliated professional corporations, employs more than 2,725 physicians in 35 states and Puerto Rico.  Additional information is available at www.mednax.com.

  • Aurora Diagnostics LLC completes the acquisition of Pathology Associates of Sebring

    April 8, 2016

    Aurora Diagnostics, LLC announced the acquisition of Pathology Associates of Sebring.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to Aurora Diagnostics, LLC.

    Pathology Associates of Sebring is a hospital-based practice that provides pathology services to Highlands Regional Medical Center in Florida.

    Aurora Diagnostics is the leading independent specialized laboratory company focused on anatomic pathology at 26 freestanding lab locations in the United States.  Employing over 150 licensed physicians, Aurora Diagnostics provides high-quality diagnostics and testing information for the patients of its primary referral sources – dermatologists, OB/GYN professionals, gastroenterologists, urologists, general surgeons, oncologists, and for 86 community hospitals.

  • Haverford Healthcare Advisors Announces the Acquisition of Henry Mayo Newhall Hospital’s Outreach Laboratory Operations by LabCorp

    April 5, 2016

    Haverford Healthcare Advisors is pleased to announce its role as exclusive financial advisor to United WestLabs, Inc. (“UWL”) and Henry Mayo Newhall Hospital (“Henry Mayo”) in connection with the divestiture of Henry Mayo’s Outreach Laboratory operations to Laboratory Corporation of America Holdings (LH: NYSE).  Haverford initiated this transaction on behalf of UWL and Henry Mayo.

    United WestLabs, Inc. is a health care service company that enters into management agreements with hospitals to implement and manage proprietary, hospital-based laboratory outreach programs.  Since 1993, the company has been operating more successful laboratory outreach programs than any organization in the country.  UWL is headquartered in Santa Ana, California.

    Henry Mayo Newhall Hospital is a 238- bed not-for-profit acute care hospital serving the Santa Clarita Valley since 1975. Henry Mayo is an Advanced Primary Stroke Center and a Heart Attack Receiving Center. The hospital features state-of-the-art Inpatient facilities, a Neonatal Intensive Care Unit, Catheterization Lab, Cardiac Rehab Center, Infusion Center, Breast Imaging Center and an Outpatient Surgery Center. Additional services include cardiovascular, trauma, emergency, intensive care, neonatal intensive care, maternity, surgery, nursing, wound care, spine and joint, behavioral health, and acute rehab, as well as cancer, imaging, lab, digestive, respiratory services and physical and occupational therapies. Henry Mayo Newhall Hospital is located at 23845 McBean Parkway, Valencia, CA 91355. For more information, visit www.henrymayo.com.

    Laboratory Corporation of America® Holdings, an S&P 500 company, is the world’s leading healthcare diagnostics company, providing comprehensive clinical laboratory services through LabCorp Diagnostics, and end-to-end drug development support through Covance Drug Development. LabCorp is a pioneer in commercializing new diagnostic technologies and is improving people’s health by delivering the combination of world-class diagnostics, drug development services and technology-enabled solutions. With net revenue in excess of $8.5 billion in 2015 and more than 50,000 employees in approximately 60 countries, LabCorp offers innovative solutions to healthcare stakeholders. LabCorp clients include physicians, patients and consumers, biopharmaceutical companies, government agencies, managed care organizations, hospitals, and clinical labs.

  • Haverford Healthcare Advisors Announces the Acquisition of Nebraska LabLinc, L.L.C.

    April 4, 2016

    Haverford Healthcare Advisors is pleased to announce its role as exclusive financial advisor to Nebraska LabLinc, L.L.C. (“NLL”) in connection with the sale of NLL to Laboratory Corporation of America Holdings (LH: NYSE).  Haverford initiated this transaction on behalf of NLL.

    Nebraska LabLinc, L.L.C. (“NLL”) is a full-service, pathologist-owned, independent clinical laboratory located in Lincoln, Nebraska which serves clients located in Eastern Nebraska.  With a significant testing facility located in Lincoln, Nebraska, along with two busy patient service centers, a staff of eleven highly-skilled and experienced pathologists, a staff of over 180 full-time equivalent employees comprised of medical technologists, phlebotomists, couriers, sales representatives and other staff, NLL represents a substantial platform to serve the clinical and anatomic pathology testing needs of the region.

    Laboratory Corporation of America Holdings, an S&P 500 company, is the world’s leading healthcare diagnostics company, providing comprehensive clinical laboratory services through LabCorp Diagnostics, and end-to-end drug development support through Covance Drug Development.  LabCorp is a pioneer in commercializing new diagnostic technologies and is improving people’s health by delivering the combination of world-class diagnostics, drug development services and technology-enabled solutions.  With net revenue in excess of $8.5 billion in 2015 and more than 50,000 employees in approximately 60 countries, LabCorp offers innovative solutions to healthcare stakeholders.  LabCorp clients include physicians, patients and consumers, biopharmaceutical companies, government agencies, managed care organizations, hospitals, and clinical labs.

  • Aurora Diagnostics LLC completes the acquisition of Pacific Pathology Associates

    April 1, 2016

    Aurora Diagnostics, LLC announced the acquisition of Pacific Pathology Associates in Oregon.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to Aurora Diagnostics, LLC.

    Pacific Pathology Associates is a hospital-based practice providing professional and technical pathology services to five hospitals and more than 225 physicians’ offices in 17 cities in the Willamette Valley area.  Pacific Pathology Associates operates one technical processing lab near Salem Hospital.  The practice provides extensive pathology services, including surgical pathology, cytopathology, hematopathology, immunohistochemistry, flow cytometry, fine needle aspiration, and bone marrow aspiration, and bone marrow aspiration and biopsy.

    Aurora Diagnostics is the leading independent specialized laboratory company focused on anatomic pathology at 25 locations in the United States.  Employing over 150 licensed physicians, Aurora Diagnostics provides high-quality diagnostics and testing information for the patients of its primary referral sources – dermatologists, OB/GYN professionals, gastroenterologists, urologists, general surgeons, oncologists, and for 85 community hospitals.

  • Haverford Healthcare Advisors Announces the Acquisition of Anesthesia Care Group, PC by North American Partners in Anesthesia (NAPA)

    February 25, 2016

    Anesthesia Care Group’s physicians are the exclusive providers of professional anesthesia services at Catholic Medical Center, a 330-bed facility located in Manchester, New Hampshire.  ACG also provides services at three ambulatory surgical centers.

    NAPA was founded in 1986 and is the leading single specialty anesthesia management company in the United States.  NAPA is comprised of the most respected clinical staff, providing thousands of patients with superior and attentive care.  The company is known for partnering with hospitals and other health care facilities across the nation to provide anesthesia services and perioperative leadership that maximize operating room performance, enhance revenue, and demonstrate consistent patient and surgeon satisfaction ratings.

  • Haverford Healthcare Advisors Announces the Acquisition of Anesthesia Associates of York and Anesthesia Associates of Laurel

    February 24, 2016

    Anesthesia Associates of York provides comprehensive anesthesia and interventional pain management services in five facilities located in South Central Pennsylvania, while Anesthesia Associates of Laurel provides hospital-based anesthesia services to Laurel Hospital, located in Laurel, Maryland.

    Based in Nashville, PhyMed Healthcare Group is a physician-led and owned leader of anesthesia and pain management services, and is committed to providing focused, proactive and innovative business solutions that foster high-quality, care-centered results.  PhyMed Healthcare Group is a trusted partner proudly serving healthcare systems, ambulatory surgery centers and office-based anesthesia in multiple states. PhyMed consists of over 500 clinicians including more than 130 anesthesiologists and 370 CRNAs.

  • Aurora Diagnostics LLC completes the acquisition of Consultants in Laboratory Medicine of Greater Toledo, Inc.

    October 29, 2015

    Aurora Diagnostics, LLC announced the acquisition of Consultants in Laboratory Medicine of Greater Toledo, Inc.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to Aurora Diagnostics, LLC.

    Consultants in Laboratory Medicine serves the ProMedica Health System, a locally-owned, nonprofit health system serving 27 counties in northwest Ohio and southeast Michigan.  Current hospital contracts include Bay Park Community Hospital; Toledo, Flower, Toledo Children’s, Wildwood Orthopedic Hospitals; Fostoria Community Hospital; Memorial Hospital Freemont; Bixby and Herrick Medical Centers; Defiance Hospital and Monroe Regional.  Consultants in Laboratory Medicine does not own laboratory facilities.

    Aurora Diagnostics is the leading independent specialized laboratory company focused on anatomic pathology at 25 locations in the United States.  Employing over 140 licensed physicians, Aurora Diagnostics provides high-quality diagnostics and testing information for the patients of its primary referral sources – dermatologists, OB/GYN professionals, gastroenterologists, urologists, general surgeons, oncologists, and for more than 70 community hospitals.

  • Haverford Healthcare Advisors Announces the Acquisition of Millennium Anesthesia Care by MEDNAX

    August 20, 2015

    Millennium Anesthesia Care is a private physician group practice based in Tampa, Florida.  At closing, Millennium employed 79 full-time clinicians (26 anesthesiologists, 51 anesthetists and 2 ARNPs), who became part of MEDNAX’s American Anesthesiology division.

    Millennium provides services at five BayCare Health System/St. Joseph’s Hospital facilities including its ambulatory surgery center and the new St. Joseph’s Hospital-South location which opened in February 2015.  The practice’s anesthesia services include general anesthesia, neurosurgery (including spine), cardiac, vascular, pediatric, orthopedic, obstetric, gynecologic, chronic pain and acute pain management for post-operative pain.

    MEDNAX, Inc. (NYSE:  MD) is a national medical group comprised of the nation’s leading providers of neonatal, anesthesia, maternal-fetal and pediatric physician subspecialty services.  MEDNAX’s American Anesthesiology division was established in 2007 and includes more than 2,575 anesthesiologists and advanced practitioners who provide anesthesia care to patients in connection with surgical and other procedures as well as pain management.  MEDNAX, through its affiliated professional corporations, employs more than 2,725 physicians in 35 states and Puerto Rico.  Additional information is available at www.mednax.com.

  • Christopher Jahnle interviewed by Anesthesiology News for article on Anesthesiology Practice Acquisitions

    July 22, 2015

    Christopher Jahnle, Managing Director, Haverford Healthcare Advisors, was quoted in the July, 2015 issue of Anesthesiology News in the article entitled “Anesthesiology Acquisition Rate Still at Fevered Pace.”  Please click here to read the full article.

  • Aurora Diagnostics LLC completes the acquisition of Brazos Valley Pathology and Trinity Pathology Associates

    July 15, 2015

    Aurora Diagnostics, LLC announced the acquisition of Brazos Valley Pathology and Trinity Pathology Associates.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to Aurora Diagnostics, LLC.

    Brazos Valley Pathology, based in Bryan/College Station, and Trinity Pathology Associates, based in Tyler, provide professional pathology services to a number of hospitals, including St. Joseph Health System, College Station Medical Center and Trinity Mother Frances Health System as well as a number of other health facilities.

    Aurora Diagnostics, LLC (www.auroradx.com) is the leading independent specialized laboratory company focused on anatomic pathology at 25 locations in the United States.  Employing over 140 licensed physicians, Aurora Diagnostics provides high-quality diagnostics and testing information for the patients of its primary referral sources – dermatologists, OB/GYN professionals, gastroenterologists, urologists, general surgeons, oncologists, and for more than 65 community hospitals.

  • Haverford Healthcare Advisors Announces the Acquisition of MEMAC Associates, P.C. and Synergy Anesthesia, PLLC by MEDNAX

    January 30, 2015

    MEMAC Associates, P.C., along with its related entity, Synergy Anesthesia, PLLC, comprises a private physician group practice based in Warren, Michigan.  At closing, 10 anesthesiologists, as well as 18 part-time anesthetists, became part of MEDNAX’s American Anesthesiology division, and will serve as one integrated practice.

    MEMAC Associates was founded and incorporated in 1970.  The practice provides services across a wide spectrum of subspecialty areas at St. John Macomb-Oakland Hospital, St. John Medical Center-Macomb Township ambulatory surgery center, and two Eastside Endoscopy Center locations.  Synergy Anesthesia, a related entity, was established in 2013 to provide services at Synergy Spine & Orthopedic Surgery Center.  The practice’s anesthesia services include general anesthesia, cardiac, neurosurgery (including spine), obstetric and acute pain management.

    MEDNAX, Inc. (NYSE: MD) is a national medical group comprised of the nation’s leading providers of neonatal, anesthesia, maternal-fetal and pediatric physician subspecialty services.  MEDNAX’s American Anesthesiology division was established in 2007 and consists of more than 2,350 anesthesia providers, including more than 950 physicians and 1,400 anesthetists practicing in 13 states.  These anesthesiologists and advanced practitioners provide anesthesia care to patients in connection with surgical and other procedures as well as pain management.  MEDNAX, through its affiliated professional corporations, employs more than 2,625 physicians in 34 states and Puerto Rico.  Additional information is available at www.mednax.com.

  • North American Partners in Anesthesia Announces the Acquisition of Atlantic Anesthesia, P.C.

    January 6, 2015

    North American Partners in Anesthesia (NAPA) recently announced the acquisition of Atlantic Anesthesia, P.C.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to Atlantic Anesthesia.

    Atlantic Anesthesia is the exclusive provider of anesthesia services at Wentworth-Douglass Hospital in Dover, New Hampshire and Wentworth Surgical Center in Somersworth, New Hampshire.  In addition, Atlantic Anesthesia offers pain management services through their pain management division, The Seacoast Pain Institute of New England (“SPINE”).

    NAPA was founded in 1986 and is the leading single specialty anesthesia management company in the United States.  NAPA is comprised of the most respected clinical staff, providing thousands of patients with superior and attentive care.  The company is known for partnering with hospitals and other health care facilities across the nation to provide anesthesia services and perioperative leadership that maximize operating room performance, enhance revenue, and demonstrate consistent patient and surgeon satisfaction ratings.

  • TeamHealth Announces the Acquisition of Certified Anesthesia Services

    December 22, 2014

    TeamHealth recently announced the acquisition of Certified Anesthesia Services (CAS).  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to CAS.

    Certified Anesthesia Services, based in Washington, D.C., has more than 40 physicians and certified registered nurse anesthetists (CRNAs) who manage approximately 28,000 cases annually through anesthesia management services for Sibley Memorial Hospital and seven ambulatory surgery centers (ASCs).

    TeamHealth is one of the largest providers of outsourced physician staffing solutions for hospitals in the United States.  Through its 21 regional locations and multiple service lines, TeamHealth’s approximately 11,000 affiliated healthcare professionals provide emergency medicine, hospital medicine, anesthesia, urgent care, and pediatric staffing and management services to approximately 990 civilian and military hospitals, clinics, and physician groups in 47 states.  TeamHealth was recently named one of “America’s 100 Most Trustworthy Companies” for 2014 by Forbes magazine.

  • Aurora Diagnostics LLC completes the acquisition of West Georgia Pathology, LLC.

    October 31, 2014

    Aurora Diagnostics, LLC announced the acquisition of West Georgia Pathology, LLC.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to Aurora Diagnostics, LLC.

    West Georgia Pathology, LLC is a hospital-based practice based in Carrolton, Georgia.  Its pathologists operate from a single location and have a strong reputation for providing high quality pathology services to the three local hospitals in the Tanner Health System, as well as medical director services to area clinics.  Its highly qualified pathologists bring extensive experience and diverse backgrounds to Aurora’s acclaimed network of pathologists.

    Aurora Diagnostics, LLC is the leading independent specialized laboratory company focused on anatomic pathology at 23 locations in the United States.  Employing over 110 licensed physicians, Aurora Diagnostics provides high-quality diagnostics and testing information for the patients of its primary referral sources – dermatologists, OB/GYN professionals, gastroenterologists, urologists, general surgeons, oncologists, and for approximately 57 community hospitals.

  • Aurora Diagnostics, LLC Completes the Acquisition of Arizona Dermatopathology.

    October 1, 2014

    Aurora Diagnostics, LLC recently announced the acquisition of Arizona Dermatopathology.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to Aurora Diagnostics, LLC.

    Arizona Dermatopathology offers personalized care to its patients.  The lab is known for its knowledgeable staff and quality care in the Scottsdale community.

    Aurora Diagnostics, LLC is a medical laboratory company employing over 110 physician specialists in anatomic and clinical pathology.  Aurora has 22 regional laboratories in the United States focused on anatomic pathology.  Aurora pathologists also serve 54 community hospitals throughout the nation.  Aurora Diagnostics provides high-quality diagnostic information for patients and their doctors, including dermatologists, obstetrician-gynecologists, gastroenterologists, urologists, general surgeons, oncologists, and other specialists.

  • North American Partners in Anesthesia Announces the Acquisition of Newton Anesthesia Associates

    September 3, 2014

    North American Partners in Anesthesia (“NAPA”) recently announced the acquisition of Newton Anesthesia Associates, LLC (“NAA”).  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to NAA.

    NAA is a premier provider of professional anesthesia services in northwest New Jersey.  NAA was founded and organized in 2008 and consists of six anesthesiologists.  NAA is the exclusive provider of professional anesthesia services at Newton Medical Center which is located in Newton, New Jersey and is affiliated with the Atlantic Health System, one of the largest nonprofit health care systems in New Jersey.

    NAPA was founded in 1986 and is the leading single specialty anesthesia management company in the United States.  NAPA is comprised of the most respected clinical staff, providing thousands of patients with superior and attentive care.  The company is known for partnering with hospitals and other health care facilities across the nation to provide anesthesia services and perioperative leadership that maximize operating room performance, enhance revenue, and demonstrate consistent patient and surgeon satisfaction ratings.

  • Aurora Diagnostics Completes the Acquisition of Hallmark Pathology, P.C.

    July 1, 2014

    Aurora Diagnostics LLC recently announced the acquisition of Hallmark Pathology, P.C.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to Aurora Diagnostics LLC.

    Hallmark Pathology, P.C. is a provider of anatomic pathology services for two community hospitals in the greater Boston area.  Hallmark’s subspecialized, credentialed pathologists provide excellent diagnostic and consultative evaluation in both the inpatient and outpatient setting.  Through years of practice in the area, Hallmark pathologists have gained the trust, confidence and loyalty of physicians throughout the region.

    Aurora Diagnostics, LLC (www.auroradx.com) is a specialized laboratory company focused on anatomic pathology at 21 locations within the United States.  Employing over 110 licensed physicians, Aurora Diagnostics provides high-quality diagnostics and testing information for the patients of its primary referral sources – dermatologists, OB/GYN professionals, gastroenterologists, urologists, general surgeons, oncologists, and over 50 community-based hospitals.

  • Aurora Diagnostics LLC completes the acquisition of Mid-Atlantic Pathology Services, Inc.

    July 1, 2014

    Aurora Diagnostics LLC recently announced the acquisition of Mid-Atlantic Pathology Services, Inc.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to Aurora Diagnostics LLC.

    Mid-Atlantic Pathology Services, Inc. (“MAPS”) is a state of the art, pathology laboratory certified by CAP and CLIA.  MAPS pathologists provide excellent diagnostic and consultative evaluation of all skin diseases, with special expertise in melanocytic lesions, non-melanocytic tumors of the skin, bullous diseases and inflammatory condition of skin, scalp and nails.  Through years of practice in the area, MAPS pathologists have gained the trust, confidence and loyalty of physicians throughout the region.

    Aurora Diagnostics, LLC (www.auroradx.com) is a specialized laboratory company focused on anatomic pathology at 21 locations within the United States.  Employing over 110 licensed physicians, Aurora Diagnostics provides high-quality diagnostics and testing information for the patients of its primary referral sources – dermatologists, OB/GYN professionals, gastroenterologists, urologists, general surgeons, oncologists, and over 50 community-based hospitals.

  • Christopher Jahnle Presents at the 19th Annual Executive War College On Lab and Pathology Management

    April 29, 2014

    Conference:  Executive War College, April 29, 2014

    Presenter:  Christopher Jahnle, Managing Director, Haverford Healthcare Advisors

    Presentation:  Overview of 2013 – 2014 Laboratory Industry Transactions

  • American Anesthesiology Announces the Acquisition of Fredericksburg Anesthesia Associates, Inc.

    April 18, 2014

    American Anesthesiology, a division of MEDNAX, Inc., recently announced the acquisition of Fredericksburg Anesthesia Associates, Inc. (“FAA”).  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to FAA.

    Fredericksburg Anesthesia Associates, Inc. employs 16 anesthesiologists who provide anesthesia services as part of a care team model that includes anesthetists at Mary Washington Hospital, Stafford Hospital and Fredericksburg Ambulatory Surgery Center.  Their services include general surgery, orthopedic, cardiovascular, thoracic, neurosurgery (including spine), pediatric, obstetric and gynecological, as well as acute pain management.  The practice’s founding physicians began providing anesthesia services to Fredericksburg and surrounding communities in 1965 and the practice was incorporated in 1992.

    MEDNAX, Inc.’s American Anesthesiology division consists of more than 1,950 anesthesia providers, including more than 825 physicians and 1,125 anesthetists practicing in Florida, Georgia, Maryland, Michigan, New Jersey, New York, North Carolina, Tennessee, Texas, and Virginia.

     

     

  • Haverford Healthcare Advisors to Exhibit at Two Leading Anesthesiology-Related Meetings

    January 17, 2014

    Haverford will be exhibiting at the American Society of Anesthesiologists’ Practice Management meeting in Dallas, Texas at the Hilton Anatole on January 24 through January 26, 2014.

    Haverford will also be exhibiting at the Advanced Institute for Anesthesia Practice Management on April 11 through April 13, 2014 at the Cosmopolitan in Las Vegas, Nevada.

  • PhyMED Announces the Acquisition of Lebanon Anesthesia Associates, Ltd. and Lebanon Pain Management Associates, Inc.

    August 31, 2013

    PhyMED Holdings, LLC announced the acquisition of Lebanon Anesthesia Associates, Ltd. and Lebanon Pain Management Associates, Inc. (collectively, “LAA”) in August, 2013.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to LAA.

    LAA consists of 8 anesthesiologists who practice as part of an anesthesia care team model that includes 14 employed CRNAs.  LAA, which is based in Lebanon, PA, represents the first Pennsylvania-based practice to join PhyMED, which is based in Nashville, and which is now affiliated with nearly 80 anesthesiologists and over 240 CRNAs.

  • Norchem is Acquired by Sterling Healthcare Holdings, LLC

    August 30, 2013

    Haverford Healthcare Advisors is pleased to announce its role as exclusive financial advisor to Technical Resource Management, Inc. (T/A Norchem) in connection with Norchem’s acquisition by Sterling Healthcare Holdings, LLC.

    Norchem, a state-of-the-art toxicology laboratory located in Flagstaff, AZ, serves clients throughout the United States.  Norchem provides customized drugs of abuse testing services to criminal justice, law enforcement, and other social welfare organizations.  Headquartered in Flagstaff, Arizona, Norchem was founded in 1995 and today has over 50 full-time employees, and processes over one million drug screens annually.  Norchem is able to compete in the market on the basis of its rapid turnaround times and competitive prices for services, while emphasizing quality service, accurate results, and excellent communications which are enhanced via a proprietary web-based IT solution.

    Sterling Reference Laboratories (Sterling) is a CLIA and SAMHSA-certified, full-service laboratory that provides both forensic and clinical toxicology services.  The company serves customers in end markets across the United States, including criminal justice, substance abuse, employment, and pain management.  Established in 2002 and headquartered in Tacoma, Washington, Sterling is a leading regional provider of drugs-of-abuse laboratory testing and related products and services used to screen, diagnose and treat individuals undergoing medical or professional treatment programs, criminal justice proceedings or employment checks.  In April, 2012, Waud Capital Partners, a leading middle-market private equity firm, announced its acquisition of Sterling.

  • United WestLabs’ California and Nevada Operations are Acquired by Quest Diagnostics

    June 24, 2013

    Quest Diagnostics (NYSE: DGX) announced today its acquisition of the lab-related Clinical Outreach Operations of Dignity Health located in Nevada and California.  Certain of these operations were managed and operated by United WestLabs, Inc.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to United WestLabs, Inc.

    United WestLabs, Inc. (“UWL”) is a health care service company that enters into management agreements with hospitals to implement and manage proprietary, hospital-based laboratory outreach programs.  Since 1993, the company has been operating more successful laboratory outreach programs than any organization in the country.  UWL operates 18 hospital programs in California, Arizona, Nevada, Maryland, and New York.  At the present time, UWL currently employs 350 employees, and reimburses its hospital clients for another 50 to 100 employees on their payroll.

    Quest Diagnostics is the world’s leading provider of diagnostic information services that patients and doctors need to make better healthcare decisions.  With annual revenues of $7.4 billion in 2012, over 48,000 employees nationwide, the company offers the broadest access to diagnostic information services through its network of laboratories and patient service centers, and provides interpretive consultation through its extensive medical and scientific staff.

    Dignity Health is the fifth largest health system in the nation with $10.5 billion in revenue for its fiscal year ending June 30, 2012.  Headquartered in San Francisco, Dignity Health is dedicated to providing compassionate, high-quality and affordable patient-centered care with special attention to the poor and underserved.  During FY 2012, as a not-for-profit system, Dignity Health provided $1.6 billion in charitable care and services.

  • Prospira PainCare Announces the Acquisition of The Pain Management Center Located in Hamilton, NJ

    June 11, 2013

    Prospira PainCare, Inc. recently announced the acquisition of The Pain Management Center.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to The Pain Management Center.

    Headquartered in Hamilton, NJ, The Pain Management Center was founded by Adam Sackstein, M.D. and provides an interdisciplinary pain management approach focused on treating acute, chronic and intractable pain.  The acquisition of PMC follows Prospira PainCare’s recent acquisitions of three other pain management and treatment centers located in the southeast and western United States.

  • United WestLabs’ Arizona operations are acquired by LabCorp

    April 30, 2013

    Haverford Healthcare Advisors is pleased to announce its role as exclusive financial advisor to United WestLabs, Inc. (“UWL”) in connection with the divestiture of its Arizona operations to Laboratory Corporation of America.  Haverford initiated this transaction on behalf of UWL.

    United WestLabs, Inc. is a health care service company that enters into management agreements with hospitals to implement and manage proprietary, hospital-based laboratory outreach programs.  Since 1993, the company has been operating more successful laboratory outreach programs than any organization in the country.  UWL operates 18 hospital programs in California, Arizona, Nevada, Maryland, and New York.  At the present time, UWL currently employs 350 employees, and reimburses its hospital clients for another 50 to 100 employees on their payroll.

    LabCorp (LH: NYSE), an S&P 500 company, is a pioneer on commercializing new diagnostic technologies.  With annual revenues of $5.7 billion in 2012, over 34,000 employees nationwide, and more than 220,000 clients, LabCorp offers clinical assays ranging from routine blood analyses to HIV and genomic testing.  LabCorp clients include physicians, government agencies, managed care organizations, hospitals, clinical labs, and pharmaceutical companies.

  • Christopher Jahnle Presents at the 18th Annual War College

    April 30, 2013

    Conference:  Executive War College, April 30, 2013.

    Presenter:  Christopher Jahnle, Managing Director, Haverford Healthcare Advisors

    Presentation:  Overview of 2012 – 2013 Laboratory Industry Transactions

  • American Anesthesiology Announces the Acquisition of Austin Anesthesia Group, L.L.P.

    November 8, 2011

    American Anesthesiology, a division of MEDNAX, Inc. (NYSE: MD), today announced the acquisition of Austin Anesthesia Group, L.L.P.(AAG), a physician group practice that provides comprehensive adult and pediatric anesthesia services in Austin, TX.  Haverford Healthcare Advisors served as co-advisor to AAG in connection with this transaction.

    AAG, the first Texas-based group practice to join American Anesthesiology, is the exclusive provider of anesthesia services at four St. David’s HealthCare System hospitals, 11 ambulatory surgery centers, and several office-based locations in the greater Austin metropolitan area. Annual anesthesia volume at the practice exceeds 85,000 cases.

    The Texas group practice consists of 66 anesthesiologists, who practice as part of an Anesthesia Care Team model that includes 71 group-employed Certified Registered Nurse Anesthetists (CRNAs). AAG provides anesthesia services across a wide spectrum of subspecialty areas, including cardiac, pediatric, neonatal, obstetric and regional anesthesia.

     

  • Kirk Rebane to present at the Radiology Business Management Association’s Fall Educational Conference

    October 18-19, 2011

    Conference:  RBMA Fall Educational Conference, October 18-19, 2011.
    Presenter: Kirk A. Rebane, Managing Director, Haverford Healthcare Advisors
    Presentation 1:  “Transition in Equity Ownership: Planning Issues for Radiology Practices and Imaging Centers”
    Presentation 2: “Fair Market Value for Physician Compensation Arrangements”

  • Aurora Diagnostics LLC completes the acquisition of Global Pathology Laboratory Services

    August 1, 2011

    Aurora Diagnostics LLC today announced the addition of Global Pathology Laboratory Services to its national network of dermatopathology practices.  Global Pathology’s 11-year tradition of providing exceptional dermatopathology services to its referring physicians will mesh perfectly with Aurora Diagnostics’ longstanding reputation of excellence within its locally supported dermatology communities.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to Aurora Diagnostics LLC.

    Global Pathology, located in Miami Lakes, FL, has earned a sterling reputation for its provision of superb dermatopathology services, its personalized customer services, and its unwavering commitment to the dermatology community through its dermatology residency program.
    Aurora Diagnostics, LLC, of Palm Beach Gardens, FL, is a specialized laboratory company. The company was founded in 2006 as a platform for the acquisition and integration of anatomic pathology and other diagnostic laboratory businesses.  Aurora Diagnostics provides liquidity, financial upside, administrative resources, and accelerated growth opportunities to laboratory owners while allowing them to maintain their entrepreneurial approach and operational independence.  Aurora also provides a bundle of services such as sales and marketing, information and medical technology, accounting and tax, risk management, managed care contracting and follow-on acquisitions to help laboratory owners perform their core business more efficiently and effectively.

     

  • Aurora Diagnostics LLC Announces the Acquisition of DermPath New England, LLC

    June 2, 2011

    Aurora Diagnostics LLC today announced the addition of DermPath New England, LLC, Boston, MA, to its national network of dermatopathology practices.  DermPath New England, LLC, founded in 2006, is a full-service dermatopathology lab that provides rapid and expert interpretation of skin biopsies to its referring physicians whose patients benefit from treatment that is based on accurate and highly reliable diagnostic information.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to Aurora Diagnostics LLC.

    Aurora Diagnostics LLC, of Palm Beach Gardens, FL, is a specialized laboratory company. The company was founded in 2006 as a platform for the acquisition and integration of anatomic pathology and other diagnostic laboratory businesses. Aurora Diagnostics provides liquidity, financial upside, administrative resources, and accelerated growth opportunities to laboratory owners while allowing them to maintain their entrepreneurial approach and operational independence.  Aurora also provides a bundle of services such as sales and marketing, information and medical technology, accounting and tax, risk management, managed care contracting and follow-on acquisitions to help laboratory owners perform their core business more efficiently and effectively.

  • Chris Jahnle and Kirk Rebane to present at the 16th Annual Executive War College On Lab and Pathology Management in New Orleans, LA

    May 3-5, 2011

    Conference:  Executive War College on Lab and Pathology Management, May 5, 2011
    Presenter: Christopher Jahnle, Managing Director, Haverford Healthcare Advisors
    Presentation:  “Review of Laboratory Sales Transactions during 2010-2011, with Insights on Lab M&A Trends”

    Conference:  Executive War College on Lab and Pathology Management, May 5, 2011
    Presenter: Kirk A. Rebane, ASA, CFA, Managing Director, Haverford Healthcare Advisors
    Presentation: “Valuation Basics for Independent Laboratories: Developing a Reasonable Expectation of Deal Value for Your Lab”

  • Aurora Diagnostics LLC acquires Austin Pathology Associates, PA

    January 1, 2011

    Aurora Diagnostics LLC today announced the addition of Austin Pathology Associates (“APA”) to its national network of pathology practices.  Established in 1972, APA is one of the largest pathology group practices in Central Texas and provides professional anatomic and clinical pathology services at several major hospitals, surgery centers, and clinics located in the greater Austin, Texas region.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to Aurora Diagnostics LLC.

    Aurora Diagnostics LLC, of Palm Beach Gardens, FL, is a specialized laboratory company. The company was founded in 2006 as a platform for the acquisition and integration of anatomic pathology and other diagnostic laboratory businesses. Aurora Diagnostics provides liquidity, financial upside, administrative resources, and accelerated growth opportunities to laboratory owners while allowing them to maintain their entrepreneurial approach and operational independence.  Aurora also provides a bundle of services such as sales and marketing, information and medical technology, accounting and tax, risk management, managed care contracting and follow-on acquisitions to help laboratory owners perform their core business more efficiently and effectively.

  • Western Pathology Consultants, Ltd. acquired by Aurora Diagnostics LLC

    January 1, 2011

    Aurora Diagnostics LLC today announced the addition of Western Pathology Consultants, Ltd., Reno, NV to its national network of pathology practices.  Western Pathology Consultants is the premier provider of outpatient/inpatient anatomic and clinical pathology for Northern Nevada and the Eastern Sierra Nevada communities of California.  Haverford Healthcare Advisors initiated this transaction and served as exclusive financial advisor to Aurora Diagnostics LLC.

    Aurora Diagnostics LLC, of Palm Beach Gardens, FL, is a specialized laboratory company. The company was founded in 2006 as a platform for the acquisition and integration of anatomic pathology and other diagnostic laboratory businesses. Aurora Diagnostics provides liquidity, financial upside, administrative resources, and accelerated growth opportunities to laboratory owners while allowing them to maintain their entrepreneurial approach and operational independence.  Aurora also provides a bundle of services such as sales and marketing, information and medical technology, accounting and tax, risk management, managed care contracting and follow-on acquisitions to help laboratory owners perform their core business more efficiently and effectively.