Abstract
Medpartners Inc, a fast-growing company that manages the practices of doctors' groups in the Southeast and Midwest, said yesterday that it had agreed to acquire Mullikin Medical Enterprises LP, which has a similar business in the West. The deal, in which Medpartners agreed to pay $360 million in stock for Mullikin, would create, in terms of revenue, the nation's largest physician-management company. Revenue in 1996 is projected to reach about $1 billion. A merged company would also be in a position to build a national network of doctors' group practices. The Medpartners move is part of a wave of consolidations that is reshaping all quarters of the health industry. Many anxious doctors—fearful of being squeezed by cost-control efforts—have decided to heal themselves by contracting out for management services.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
