P3 Health Group Holdings, LLC completed the acquisition of Medcore HP and Omni IPA Medical Group, Inc.
January 04, 2022
Share
P3 Health Group Holdings, LLC entered into an agreement to acquire Medcore HP and Omni IPA Medical Group, Inc. for $36.5 million on June 28, 2021. Pursuant to the terms of the Medcore Purchase Agreement, P3 will acquire the equity interests of MHP for $31.5 million and the assets of Omni for $5 million. The transaction is subject to regulatory approval and other customary closing conditions. The transaction is expected to close by the end of the year 2021.
P3 Health Group Holdings, LLC completed the acquisition of Medcore HP and Omni IPA Medical Group, Inc. on January 4, 2022.
P3 Health Partners Inc. is a patient-centered and physician-led population health management company. The Company supports primary care providers with value-based care coordination and administrative services that improve patient outcomes and lower costs. Through partnerships with these local providers, it creates an enhanced patient experience by navigating, coordinating, and integrating the patientâs care within the healthcare system. Its technology platform, P3 Technology/Health Hub, enables physicians, care teams, patients and their family members to engage in the care journey. P3 Technology/Health Hub integrates clinical and claims data from more than 250 disparate data points each month from payors, outpatient and inpatient facilities and other ancillary care settings. It has a network of more than 2,800 affiliated primary care providers across the country. Its local teams of health care professionals manage the care of thousands of patients in 23 counties across five states.