Gary W. Herschman, Member of the Firm in the Health Care and Life Sciences practice, in the firm’s Newark office, was featured in ROI New Jersey, in “Pace of Mergers in Health Care Brings in New Investors,” by Anjalee Khemlani.

Following is an excerpt:

In the past two years, physician and specialist groups’ consolidation activity has picked up steam, mostly due to downward financial pressure from a changing industry.

Hospitals continue to merge with each other and acquire primary care groups, but multispecialty groups and larger physician groups are increasingly of interest for physicians to join.

The consolidation trends are focused on different types of groups, but the hot specialties right now are orthopedic, radiology, gastroenterology, neurology, dermatology and ophthalmology and eye care, according to Gary Herschman, a health care attorney with Epstein Becker & Green in Newark.

“Eye care and dermatology have been hot for several years now, but we are still doing deals,” he said. “These other ones are newer spaces within the physician services sector that are being looked at.”

In addition, activity among women’s health groups and OB/GYNs is picking up.

“These groups are really facing four to five opportunities,” he said. “They still have some hospitals as buyers, other large physician groups, national physician services companies and private equity.”

It’s still a developing market, since the consolidation activity for some of the specialty groups is relatively new.

And it’s starting to attract the attention of a new group: private equity.

Jump to Page

Privacy Preference Center

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

Performance Cookies

These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.