BGL Advises Geisinger Medical Center in its Acquisition of Viewmont Health Associates
December 14 2014
Brown Gibbons Lang & Company (BGL), a leading middle market investment bank, is pleased to announce, effective October 1, 2014, Geisinger Health System (Geisinger) acquired Viewmont Health Associates, the ancillary affiliate of PrimeMed Medical Group (PrimeMed). BGL advised Geisinger in the transaction.
PrimeMed is a fully-integrated medical group practice consisting of board certified primary care, cardiology, electrophysiology, radiology, and endocrinology physicians, certified nurse practitioners, and physician assistants. Viewmont provides a variety of medical services including diagnostic imaging, lab, physical therapy, and a sleep center. Viewmont Health Associates has three locations in the greater Scranton, Pennsylvania area.
Geisinger is an integrated health services organization widely recognized for its innovative use of electronic health records in proprietary data analytics applications and the development of innovative care models such as ProvenHealth Navigator® and ProvenCare®. As the nation’s largest rural health services organization, Geisinger Medical Center serves more than 2.6 million residents throughout 44 counties in central and northeastern Pennsylvania. The physician-led system is comprised of more than 19,500 employees, including a 1,000-member multi-specialty physician group practice, six hospital campuses, two research centers, and its own health plan with 413,000 members.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in Healthcare & Life Sciences, Consumer Products & Retail Services, Energy & Environmental Services, Industrials, Metals & Metals Processing, Plastics & Packaging, and Real Estate. BGL has offices in Chicago and Cleveland, and Global M&A partner offices in more than 50 countries across five continents, which allows us to deliver to our clients unparalleled access to corporations, investors, and opportunities globally. For more information, please visit www.bglco.com.