Physician Practice Management Roll-Ups
Private-equity-backed multi-site provider consolidation across dental, dermatology, ophthalmology, orthopedics, veterinary, urgent care, and behavioral health, executed through friendly-PC/MSO structures with platform acquisitions and add-on tuck-ins. Covers the sell-side and buy-side healthcare M&A bankers running these processes and the regulatory lawyers structuring corporate-practice-of-medicine-compliant deals.
“physician practice management and multi-site provider roll-ups, and the bankers and healthcare lawyers who advise on provider consolidation”
That sentence was the entire instruction. Everything on this page was researched from it and then verified against public sources: 33 experts kept, 0 dropped in verification.
Experts
Grouped by archetype · searchableFounder / Operator
8Tim Corvino, MD
Chief Executive Officer
Orthopedic Care Partners
He's run the CEO chair at three consecutive PE-backed orthopedic/physician-services platforms, giving him direct scar tissue on rollup integration, MSO economics, and recap timing.
Bob Fontana
Chairman & Chief Executive Officer
The Aspen Group (Aspen Dental)
Founder-CEO who built Aspen Dental into a $4.2B, five-brand DSO platform and has partnered with PE (American Securities, Ares, Leonard Green) through multiple recapitalizations since 2015.
Stephen Holtzclaw, MD, MBA
Chief Executive Officer
U.S. Orthopaedic Partners
As practicing-physician CEO of a PE-backed orthopedic rollup, Holtzclaw sits at the intersection of clinical credibility and platform M&A strategy in a hot physician-practice sector.
Chris Throckmorton
Chief Executive Officer
EyeCare Partners
Serial PE-backed rollup CEO across four physician/provider platforms (Surgery Partners, IntegraMed, Pivot/Athletico) now running EyeCare Partners, with rare hands-on M&A integration experience in fragmented healthcare services.
Jerry Tillinger
Chief Executive Officer
Evolve Orthopedic Partners
Founding CEO of a newly PE-backed orthopedic MSO who already scaled one physician platform (U.S. Digestive Health) into a national leader — a proven rollup operator worth engaging early.
Rob Jardeleza
Founder & Chief Executive Officer
Partners First Cardiology
A repeat physician-practice rollup operator — cardiology twice, behavioral health now — freshly installed as CEO of Beacon Behavioral Partners as of July 2026.
Dave Bourdon
Chief Executive Officer
Lifestance Health
As LifeStance's CEO and former CFO, Bourdon has firsthand visibility into unit economics, payer dynamics, and de novo clinic rollup strategy across the largest outpatient mental health platform.
Rob Feuer
Founder & Managing Partner
Zenyth Partners
Rare investor-operator hybrid — built and chairs a real DSO (Smilist) while running a $1.5B healthcare PE platform, giving him both deal and rollup-execution perspective.
Strategic Advisor
6Dr. Jason Auerbach
Founder and Co-CEO
MAX Surgical Specialty Management
Practicing surgeon-founder who built and still runs one of the Northeast's fastest-growing OMS platforms, with direct insight into DSO deal structuring, surgeon recruitment, and lender relationships.
Dr. Matthew Haddad
Founder and Co-CEO
Specialty1 Partners
Founder-operator who built a DSO-style dental surgical rollup from a single practice to 200+ locations under institutional PE sponsorship, with direct insight into physician practice consolidation economics.
Dr. Daryl Dudum
Founder and Co-CEO
Specialty1 Partners
Co-CEO who scaled a physician-led dental specialty roll-up from 8 to 200+ locations in six years, offering rare doctor-side insight into DSO joint-venture economics.
Dr. Tushar Ramani
Chief Executive Officer
Integrated Dermatology
Serial CEO of four consecutive PE-backed physician practice roll-ups (Anesthetix, CRH Medical, Women's Care, Integrated Dermatology) with rare cross-specialty rollup playbook expertise.
Dr. Tim Corvino
Chief Executive Officer
Orthopedic Care Partners
Three-time CEO of PE-backed orthopedic platforms (ONS, Spire, now Orthopedic Care Partners) with direct scar tissue on rollup integration, physician recruitment, and recap/refinancing execution.
Todd Latz
Chief Executive Officer
GoHealth Urgent Care
Latz has run the JV playbook for urgent care roll-ups for a decade, striking and scaling 13 health-system partnerships that took GoHealth toward 400 centers.
Investment Banker
6Eric Yetter
Managing Director, Healthcare Team Leader
FOCUS Investment Banking
Runs FOCUS's healthcare team and has directly sourced/sold ENT, dental, and physician-practice platforms to PE-backed DSOs — a live pipeline for rollup deal flow.
Andy Snyder
Managing Director, Healthcare Services
FOCUS Investment Banking
A founder-turned-MD who has run repeat physician-practice sell-side processes in ophthalmology, dental, and ENT — exactly the roll-up corridors most PE platforms are chasing.
John M. Tiedmann Jr.
Managing Director
Physician Growth Partners
As a PGP Managing Director closing multiple physician-practice PE partnerships in 2024-2025, Tiedmann has early visibility into specialty practices exploring sponsorship before deals go wide.
Jonathan M. Bluth
Managing Director, Healthcare Provider Services
Brown Gibbons Lang & Company
25-year physician-practice M&A banker who runs BGL's Healthcare Provider Services group and is quoted nationally on how PE firms will exit physician platforms.
Dustin Thompson
Managing Director
Provident Healthcare Partners
A 13-year Provident MD who has run primary care, oncology, and dermatology roll-up sell-sides, giving him live pricing and buyer intel across physician practice verticals.
Jason Porter
Managing Director, Healthcare Services
Baird Global Investment Banking
Baird's go-to banker for physician and alternate-site services deals — urgent care, ASCs, OB-GYN/fertility — with a live pipeline view of who's buying and selling in the physician practice rollup space.
Legal / Service Provider
6Daniel B. Frier
Co-Founder, Co-Managing Partner, Chair of Healthcare Department
Frier Levitt LLC
Frier has structured dozens of PE-backed physician practice rollups (MSOs, CINs) across specialties and is now a vocal public critic of hospital-driven consolidation — a rare, dual-sided perspective for deal teams.
Kristin Ornstein
Healthcare Transactions Partner
Holland & Knight
A newly landed Holland & Knight healthcare M&A partner with deep DSO/VSO/physician-practice roll-up experience and a built-in network via Women in DSO.
Maureen Ladouceur
Operating Partner, Healthcare Team
Welsh, Carson, Anderson & Stowe
Now EnableComp's CCO after leaving WCAS in mid-2026, she brings rare RCM and payor commercial-scaling expertise from growing Norstella's revenue 30x.
Lawrence F. Kobak
Senior Counsel
Frier Levitt LLC
He defends podiatry and physician practices against OPMC, Medicare audit, and recoupment actions — direct insight into the regulatory risk buyers underwrite in physician-practice roll-ups.
Brian Kane
Senior Advisor to Healthcare Group
Welsh, Carson, Anderson & Stowe
Ex-Aetna president and Humana CFO now advising WCAS on healthcare deals — deep payer, financial, and PE network for physician practice roll-up diligence.
Ava E. Lias-Booker
Partner, Healthcare Director
McGuireWoods LLP / Healthpeak Properties
Healthpeak Properties director since the $21B Physicians Realty Trust merger, giving her a landlord's-eye view of physician practice consolidation and medical real estate economics.
Peer Fund / Dealmaker
7Daniel Hosler
Founder & CEO
Allied OMS
A repeat physician-rollup operator who just closed his first institutional capital raise, actively expanding a doctor-led OMS platform state by state.
Andrew Colbert
Senior Managing Director
Ziegler
A founding Ziegler healthcare banker with 65+ deals and $5.7B+ in volume, he's run recent orthopedic, primary-care, and ASC physician-group rollups — direct line into active platform deal flow.
Ryan Graham
Managing Partner
DuneGlass Capital
Co-founded two doctor-owned PE platforms (Allied OMS, Phase 1 Equity) proving the physician-equity model works at scale — a live case study for any physician practice rollup thesis.
Rick Workman
Founder and Executive Chairman
Heartland Dental
Founded and scaled the DSO rollup model that defined dental private equity, giving unmatched insight into consolidation playbooks, doctor alignment, and what breaks post-scale.
Eric Evans
Chief Executive Officer
Surgery Partners
As CEO of a $3B+ ASC roll-up who just rebuffed a Bain take-private bid, Evans sets the acquisition pace and pricing discipline for the whole physician-practice/ASC consolidation space.
Dr. Rania Saleh
Founder & CEO
Oryx Dental
A practicing dentist turned self-funded SaaS founder, she sits at the intersection of clinical practice ops and the DSO/DPMS tech stack now consolidating the dental rollup market.
Stephen E. Thorne IV
Founder & CEO
Pacific Dental Services (PDS Health)
Founder-CEO who built a ~1,000-practice DSO to scale entirely without PE capital, giving him a rare, structurally informed outside view on the physician-practice-rollup model.
Companies
Ranked by edge depthKKR
Global alternative investment firm; KKR Global Infrastructure has deployed ~$20B and ~12.5 GW into renewables over the past decade.
Goldman Sachs
Global investment bank; Power, Utilities & Infrastructure franchise serves the largest U.S. utility and infrastructure M&A flow.
Frier Levitt LLC
Boutique healthcare law firm with 50+ attorneys providing regulatory, transactional, and litigation counsel to healthcare providers, investors, and physician groups.
Mid-Michigan ENT
ENT specialty practice in East Lansing, Michigan with 7 board-certified otolaryngologists, established in 2008. Partnered with Align ENT + Allergy in September 2024 through FOCUS advisory guidance.
Orthopaedic & Neurosurgery Specialists (ONS)
Multi-specialty orthopedic and neurosurgery group with 26 physicians across Connecticut and New York, backed by Kohlberg with Tim Corvino serving as CEO since March 2020.
Orthopedic Care Partners
Physician-led platform supporting 136 orthopedic physicians across 42 clinical locations and 6 ASCs in 5 states, backed by Brookfield Asset Management with Tim Corvino as CEO since December 2024.
Physicians First
Nashville-based boutique investment banking firm founded by Eric Yetter and Andy Snyder in 2016, focused on healthcare M&A advisory for physician practices. Merged into FOCUS Investment Banking in May 2021.
Sitwell Dental
Family-owned dental practice in Upstate New York with 4 locations and 9 dentists, founded by Drs. John and Tiffany O'Brien in 2018. Acquired by SALT Dental Partners in May 2024.
Spire Orthopedic Partners
Kohlberg-backed orthopedic and spine platform with 170+ physicians across 40 locations in Connecticut, New York, Massachusetts, and Rhode Island. Founded by Tim Corvino as CEO before his transition to Orthopedic Care Partners.
VSS Capital Partners
Lower-middle-market PE investor since 1987 with significant healthcare healthcare focus, backing multiple physician practice platforms including Specialty 1 dental and Podiatry Growth Partners.
Welsh, Carson, Anderson & Stowe
Leading private equity firm founded 1979 with $31B+ AUM focused on healthcare and technology investments; track record of 11 IPOs and 36+ acquisitions.
Zenyth Partners
Healthcare-focused private equity firm with hands-on operational partnership model, supported by advisors with 200+ years of combined healthcare experience.
Academy of General Dentistry (AGD)
Professional association representing general dentists since 1952, with 40,000+ members, providing continuing education, advocacy, and practice support across US and Canada.
Academy of Minimally Invasive Foot and Ankle Surgery (AMIFAS)
International multidisciplinary professional organization founded over 50 years ago, dedicated to advancing minimally invasive foot and ankle surgery through continuing education and clinical training.
Aligned Cardiovascular Partners
Physician-led cardiovascular platform formed in 2023 by RC Capital's investment in James River Cardiology, providing capital, infrastructure, and operational support to independent cardiology practices across the U.S.
Alliance HealthCare Services
Provider of oncology, radiology, imaging services, and healthcare platform solutions including imaging joint ventures and center acquisition assistance.
Alteon Health
Large physician-led acute care medical group acquired by US Acute Care Solutions in 2022. Previously operated 200+ locations with 800 physicians under Dr. Holtzlaw's leadership (2018–2023).
Anesthetix Management
Provider of comprehensive anesthesiology and pain management services to hospitals and surgical centers, operating 180+ providers across 10 states.
Beacon Behavioral Partners
Psychiatric practice network providing operational support to independent behavioral health practices across the U.S., with Rob Jardeleza promoted to CEO in July 2026; recently expanded into Midwest via Pure Psychiatry partnership.
Blue Cloud Pediatric Surgery Centers
Largest pediatric dental ambulatory surgery center company nationwide with 32 accredited facilities across 12 states, specializing in general anesthesia procedures for pediatric and special needs patients.
Brown Gibbons Lang & Company
Middle market investment bank providing M&A advisory, capital markets, financial restructuring, and valuations with dedicated healthcare practice serving physician groups and specialty providers.
CRH Medical Corporation
Fast-growing national healthcare services company providing anesthesia services, GI solutions, anesthesia staffing, and locum tenens placement to ambulatory surgery centers and gastroenterology practices.
CVS Health (Aetna)
Health insurance division of CVS Health offering commercial, Medicaid, Medicare, and specialty insurance products (dental, vision, pharmacy) integrated with CVS's retail pharmacy and clinic network.
Chesapeake Oncology-Hematology Associates
Maryland-based oncology and hematology practice operating four centers with 25+ years of experience, underwent recapitalization through partnership with Chesapeake Urology Associates under OneOncology in January 2026.
Show 57 more single-connection companies
Cigna
Global health company operating in 200+ markets and territories through The Cigna Group, offering medical, dental, behavioral, vision, and pharmacy benefits to employers, insurers, and government programs.
Covenant Physician Partners
Founded in 2008 and acquired by KKR in 2017, Covenant Physician Partners operates 80+ ambulatory surgery centers across 17 states, serving gastroenterology, ophthalmology, and optometry specialties with full business support services.
EnableComp
Healthcare revenue cycle management platform specializing in complex claims, denials management, and revenue recovery; #1 ranked in complex claims by Black Book Research.
Encore Dental
Regional dental practice group established 2012, operating multiple locations in New Jersey with full-service offerings including general, restorative, cosmetic, implant, and specialty dentistry services.
Evolve Orthopedic Partners
Physician-led management services organization providing nonclinical operational support (billing, HR, compliance, marketing, IT) to orthopedic practices and ASCs.
ExxonMobil
Multinational oil and gas corporation headquartered in Spring, Texas; $349.6B revenue (2024), 60,900 employees, with operations in exploration, production, manufacturing, and chemical products globally.
Family Care Partners
Physician-led primary care medical group with 44 providers across five locations in Jacksonville, FL, conducting 140,000+ annual patient visits as one of the largest primary care providers in North Florida.
FastMed Urgent Care
Walk-in urgent care center chain with ~200 locations across Arizona, North Carolina, Texas, Florida, and California, operating 7 days/week offering acute care, occupational health, preventive services, and testing.
Fox Valley Orthopedics
Physician-led orthopedic practice serving Fox Valley region for 50+ years, offering sports medicine, orthopedic surgery, pain management, and advanced imaging.
GoHealth Urgent Care
Operates 250+ on-demand urgent care centers across major U.S. metropolitan areas, providing walk-in and virtual urgent care services primarily in partnership with health systems.
Gulf Coast Endodontics
Regional endodontics practice with four locations across the Houston area, founded and grown by Dr. Matthew Haddad to become a leading specialist group.
Healthpeak Properties, Inc. (NYSE: DOC)
S&P 500 healthcare REIT with $21B in total assets, 700+ properties, and 50+ million sq ft of medical office and life science space across major U.S. markets.
Heartland Dental
America's leading dental support organization (DSO) providing comprehensive practice management services to dentists. Supports over 1,900 practices and 3,100 doctors across 38 states.
Henry Ford Health System
Michigan's second-largest health system founded in 1915 with 13 hospitals and 550+ care sites across Detroit, Flint, and Jackson; $6.8B revenue with 33,000+ employees.
Holland & Knight
Major law firm with 2,174 attorneys and 35 offices globally, with dedicated Healthcare Transactions Practice Group serving healthcare M&A and regulatory matters.
Humana
Fortune 500 health insurance company providing Medicare Advantage, Medicare Supplement, Part D drug plans, and Medicaid coverage with focus on senior, military, and Medicaid members.
Integrated Dermatology
Nation's largest independent dermatology provider with national network of dermatology practices; appointed new CEO in March 2024 to drive expansion and innovation.
Intrepid Investment Bankers LLC
M&A and capital advisory firm serving middle-market companies with dedicated healthcare practice providing strategic counsel on physician practice and healthcare services transactions.
Kentucky Eye Institute
Comprehensive eye care practice with 10 clinical locations in Lexington and Eastern Kentucky providing primary care, optical, surgical, and tertiary retinal services since 1970.
Kern, Augustine, Conroy & Schoppmann, P.C.
Healthcare law firm with 30+ years of experience specializing in physician representation covering regulatory compliance, hospital privileges, commercial transactions, fraud/abuse matters, and healthcare regulatory defense.
LifeStance Health Group
NYSE-traded outpatient mental health services provider operating 550+ centers across 33 states with 7,400+ mental health professionals, founded 2017, treating anxiety, depression, bipolar disorder, and other conditions.
MAX Surgical Specialty Management
Surgeon-led management services organization for oral and maxillofacial surgery, founded by Dr. Jason Auerbach in 2022. Supports 50+ surgeons across 40+ locations across five Northeast states, backed by MedEquity Capital.
Magellan Health
40+ year healthcare management company offering behavioral health carve-outs, employee assistance programs, specialty healthcare management (musculoskeletal, imaging, cardiac), and pharmacy benefit services to health plans and employers.
McGuireWoods LLP
International law firm with 1,100 lawyers in 21 U.S. offices, headquartered in Richmond, VA since 1834, with expertise in healthcare, corporate finance, litigation, and regulatory matters.
MedEquity Capital
Healthcare-focused private equity firm based in Wellesley Hills, Massachusetts, with $400+ million deployed in mid-market healthcare investments. Serves as capital partner and strategic advisor for MAX Surgical Specialty Management.
MedQuest, Inc.
Operates 45 outpatient diagnostic imaging centers offering MRI, CT, ultrasound, and PET scans through direct ownership and joint ventures across the United States.
MemorialCare Health System
Nonprofit health system serving Orange County and Los Angeles County with 4 hospitals, 2 medical groups, imaging centers, and 200+ care locations providing integrated healthcare.
Mid State Orthopaedic & Sports Medicine Center
Regional orthopedic and sports medicine practice serving Central Louisiana since 1949, with locations in Alexandria and Natchitoches. Dr. Holtzlaw's USOP partner practice.
National Cardiovascular Partners
Founded in 2004 and headquartered in Houston, National Cardiovascular Partners develops and operates outpatient cardiac catheterization and vascular labs, enabling physicians to retain majority ownership of facilities.
New Harbor Capital
Chicago-based lower middle-market private equity firm founded in 2013, focusing on thesis-based investments in healthcare, education, and business services with 80+ completed investments.
New York State Academy of Family Physicians (NYSAFP)
New York chapter of the American Academy of Family Physicians, incorporated in 1948, promoting advocacy, education, and mentorship to family physicians, residents, and students across New York State.
Norstella
AI-powered pharma intelligence platform providing data, insights, and analytics for drug development lifecycle from pipeline to patient access; trusted by all Top 100 pharma companies.
Northwell Health
New York's largest healthcare provider with 28 hospitals, 1,000+ outpatient facilities, 16,000+ affiliated physicians, and 100,000+ employees serving 2+ million patients annually.
OrthoNY
Leading orthopedic practice in New York's Capital Region with multiple locations, surgical centers, and imaging facilities across Albany, Clifton Park, Glens Falls, and Saratoga areas.
Oryx Dental Software
Cloud-based dental practice management platform founded 2016 by Dr. Rania Saleh, serving 15,000+ clinicians across 2,500+ practices globally with integrated clinical, patient engagement, and practice management tools.
PDS Health (Pacific Dental Services)
Comprehensive healthcare provider evolved from Pacific Dental Services (founded 1994); integrates dental and primary medical care with co-located practices and 30+ years of practice management expertise.
Palmetto Primary Care Physicians
South Carolina's largest independent multi-specialty care practice with 110+ providers and 40 offices statewide, acquired by MUSC Health for $111 million in March 2026 to address physician shortage.
Partners First Cardiology
Founded in 2019 by Rob Jardeleza, Partners First Cardiology provides specialized cardiology practice management and outpatient facility development services for independent cardiologists across the Southwest.
Pearl
FDA-cleared AI platform for real-time dental pathology detection in 2D and 3D x-rays, identifying caries, periapical disease, and impacted teeth with 94% accuracy and 120+ country regulatory clearance.
Phase 1 Equity
Doctor-owned, doctor-led private equity firm exclusively focused on investing in and operating orthodontic and pediatric dental practices.
Physician Growth Partners
Healthcare investment banking advisory firm specializing in representing independent physician practices in M&A and partnerships with private equity firms.
Physicians Realty Trust
Self-managed healthcare REIT focused on medical office buildings with properties leased to physicians, hospitals, and healthcare delivery systems; IPO in July 2013.
Riverside Oral Surgery
Surgeon-founded and operated oral surgery practice in River Edge, New Jersey, established by Dr. Jason Auerbach in 2007. Serves as founding brand of MAX Surgical Specialty Management.
SALT Dental Partners
National dental support organization (DSO) based in Phoenix, Arizona, operating in 20+ states. Actively acquiring and partnering with dental practices including Sitwell Dental (2024).
Tampa Bay Rays
Major League Baseball franchise sold in September 2025 to ownership group led by Patrick Zalupski for $1.7 billion, with Rick Workman holding a minority stake and advisory board position.
Teladoc Health, Inc.
NYSE-traded global telemedicine and virtual healthcare company founded 2002, operating in 175+ countries with $2.5B annual revenue, offering integrated primary/mental/chronic care and direct-to-consumer mental health services.
Texas MedClinic
Multi-location urgent care and occupational medicine provider operating 16+ locations across Texas specializing in urgent care, occupational medicine, and travel medicine.
The Dermatology Center, PA
Founded in 1982, a comprehensive dermatology and cosmetic services practice with six board-certified dermatologists serving Bethesda and Germantown, Maryland.
The Smilist Dental
Northeast multi-state DSO operating 115+ locations across 8 states (NY, NJ, PA, DE, MD, CT, VA, MA) with comprehensive dental services including general, cosmetic, ortho, perio, endo, and oral surgery.
U.S. Digestive Health
One of the nation's largest gastroenterology practices formed through merger of three regional GI groups, providing comprehensive gastroenterology and endoscopy services.
U.S. Orthopaedic Partners
PE-backed integrated orthopedic care platform operating in the Southeastern US, with 270+ orthopedic providers across multiple acquired practices. Dr. Holtzlaw serves as CEO since January 2024.
U.S. Women's Health Alliance
National membership organization representing 5,000+ independent women's healthcare providers including 3,200+ OB/GYNs across 34 states, advocating for independent practice sustainability.
Vantage Oncology, Inc.
Leading provider of radiation oncology and medical oncology services operating 50+ cancer centers with 350+ affiliated physicians providing integrated cancer care services.
Vista Eye Specialists
Ophthalmology and optometry practice based in Fredericksburg, VA, acquired by Atlantic Vision Partners (Sheridan Capital portfolio company) with multiple regional locations.
Warburg Pincus
Global private equity and growth investing firm founded 1966 with $105B+ AUM, investing across 10 sectors including healthcare, business services, consumer, and technology with portfolio of 1,100+ companies.
Wichita Dermatology & Aesthetics
Independent dermatology group with ten providers offering medical, surgical, and aesthetic dermatology services across two Wichita locations since 2001.
Women's Care
Leading women's healthcare group with 400+ OBGYNs and specialists across 100+ locations providing comprehensive obstetrics, gynecology, and related specialty services across the U.S.