California-based U.S. HealthWorks has beefed up its holdings in South Florida with two acquisitions in the Ft. Lauderdale area, reports Healthcare Finance News.
The occupational healthcare operator acquired Medwork 84 in Ft. Lauderdale and Medstar in Pompano Beach. Both facilities offer occupational medicine services and rehabilitative care, as well as preventative healthcare services. The terms of the deal, which was finalized on Feb. 1, were not disclosed.
U.S. HealthWorks has been focused on Florida in recent years, having made six acquisitions in the Sunshine State in the past 20 months. Its 2009 acquisition of five of the six Medero Medical Centers gave it a significant presence in the Tampa Bay and Orlando markets.
"As a provider of occupational medicine in Florida for many years, we recognize the ... resources U.S. HealthWorks will bring to our current patients and clients," said Dr. Seth Feldman, who will serve as medical director for both clinics. "U.S. HealthWorks' national network of physicians and health clinics is a great match for us."
The acquisitions bring the number of sites operated by U.S. HealthWorks to 136, with 14 in Florida. The firm is the second-largest operator of occupational health clinics in the nation.
- read the Healthcare Finance News article
- read the U.S. HealthWorks press release