Genuine Health Group, a healthcare services company that partners with primary care physicians to deliver value-based care, acquired Premier Care Associates, a provider organization that enters into full-risk agreements with Medicare Advantage plans, reports South Florida Hospital News. The Miami-based physician group is headquartered in Miami, and its more than 30-plus providers deliver comprehensive health services to more than 4,500 Medicare patients. Genuine Health’s acquisition of Premier Care Associates marks the second major purchase since Crestline Investors funded $160 million to accelerate Genuine’s growth, catapulting the company to $750 million in annual revenue.
Premier Care Associates adds more than 30 primary care physicians to Genuine Health Group’s network of approximately 300 doctors, and it significantly enhances the company’s presence in the Hialeah market, where the majority of seniors are enrolled in Medicare Advantage plans. Read more.
