Vytalize Health Acquires Independent Physician Association (IPA) of New York, One of the Nation ’s Largest IPAs

The deal scales Vytalize’s successful value-based care model to new payer arrangements and specialty care across the healthcare spectrum Vytalize Health, a leading risk-bearing provider enablement platform, announced it acquired a majority interest in physician-lead Independent Physician Association of New York (IPA NY), through an investment in Practice Management of America (PMA). The deal builds on an existing partnership between the organizations dating back to 2020 and accelerates Vytalize’s expansion into Medicare Advantage, commercial plans, and Medicaid, as well as multi-specialty care. “IPA NY is a longtime partner that shares our commitment to supporting independent physicians and helping them succeed in delivering high-quality, value-based care. This acquisition is a natural extension of our alliance and will further improve access to care that’s personalized, evidence-based, and kind in the New York region and across the U.S.,” said Faris Ghawi, Vytalize Health Co-Founder and CEO. Headquartered in Suffolk County, IPA NY is one of the largest multi-specialty IPAs in the country with more than 3,000 providers. PMA provides clinical care management, care coordination, and administrative services across 1,000+ locations. “The vision for PMA was always to find the right strategic partner to help accelerate the full potential of value-based care for our robust network of primary and specialty care providers. Vytalize is an emerging market leader and ...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Hospital - Health System Faris Ghawi Health IT Acquisitions Healthcare M&A Henry Bloom Independent Physician Association of New York IPA NY McDermott Will & Emery LLP Michael Guarino PMA Practice Man Source Type: blogs