The physician-led Independent Physician Association of New York, one of the largest in the nation, has been acquired by the private equity-backed Vytalize Health, through an investment in Practice Management of America.
An announcement from Vytalize states that the deal builds on an existing partnership between the organizations dating to 2020 and accelerates the firm’s expansion into Medicare Advantage, commercial plans, Medicaid, and 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,” said Faris Ghawi, Vytalize Health co-founder and CEO, in a statement.