Article: Scripps Clinic poised for doc group deal.(San Diego, CA)

With $40 million in debt and private equity, San Diego's Scripps Clinic is in the market to buy or merge with a few academically oriented, "high-quality" physician group practices before going public in the next 12 months.

As a publicly traded company, Scripps would occupy a special niche in the increasingly crowded physician practice management field.

Breaux Castleman, Scripps' president and chief operating officer, said the clinic is negotiating with four practices across the country, but no letters of intent have been signed. The aim, he said, is to brand those practices with the Scripps name, which carries weight as a high-quality establishment.

...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!