VillageMD Acquires Dallas Internal Med and Geriatric Specialists

City: Dallas, TX
Buyer: VillageMD
Seller: Dallas Internal Medicine and Geriatrics Specialists, PLLC
Date / Year: January 19, 2023
Sector: Physician Group Practices
Keywords: VillageMD, Dallas Internal Medicine and Geriatrics Specialists, Physician Group Practices, Marina Vengalil, Anthony Nguyen, Hashim Majeed, Jamie Callahan, Clive Fields

CHICAGO & DALLAS–(BUSINESS WIRE)–VillageMD announced it acquired Dallas Internal Medicine and Geriatrics Specialists, PLLC, which provides patients with comprehensive medical care that encompasses internal medicine, geriatric medicine, and urgent care services. Dr. Marina Vengalil, Dr. Anthony Nguyen and Dr. Hashim Majeed founded Dallas Internal Medicine and Geriatric Specialists with the goal of providing primary care to their patients through every life stage.

Patients will be able to take advantage of Village Medical’s high-tech, high-touch services including its state-of-the-art technology and the Village Medical app. Drs. Vengalil, Nguyen and Majeed along with their advanced practice provider (APP) Jamie Callahan, PA-C will continue to build trusting relationships with their patients and community.

“The experienced and dynamic team from Dallas Internal Medicine and Geriatric Specialists aligns with our vision to transform the way primary care is delivered,” said Clive Fields, M.D., co-founder and chief medical officer of VillageMD. “They will continue to provide expert care for their patients’ acute needs as well as effectively manage their complex and chronic conditions. We’re thrilled to welcome them to Village Medical.”

Village Medical offers a comprehensive suite of primary care services including preventative care, treatment for illness and injury, and management of chronic conditions such as diabetes, congestive heart failure, chronic obstructive pulmonary disease (COPD) and kidney disease. Dallas-area patients can learn more about the services here.

“We believe in providing our patients with a holistic approach to medicine and preventative care. We’re looking forward to joining Village Medical and continuing to provide comprehensive, compassionate care for patients in our community,” said Dr. Majeed, who has been in practice for 27 years, focused on managing chronic conditions in the aging population.

Village Medical patients have access to same-day appointments and virtual health visits with a Village Medical provider. Additionally, Village Medical patients also benefit from VillageMD’s patent-pending docOS® operating platform, which helps care teams identify and close gaps in care and helps patients be better informed about their health and care.

To learn more, make an appointment or view all Village Medical locations, please visit www.villagemedical.com.

About VillageMD

VillageMD provides high-quality, accessible healthcare services for individuals and communities across the United States, with primary, multi-specialty, and urgent care providers serving patients in traditional clinic settings, in patients’ homes and online appointments. Committed to serving all patients and working with all payers, VillageMD consistently innovates value-based care, bringing integrated applications, population insights and staffing expertise to its owned and affiliate practices, ensuring high-quality care, better patient outcomes and a reduction in the total cost of care. Through Village Medical, Village Medical at Home, Summit Health, CityMD and other practices, VillageMD serves millions of patients throughout their lives, wherever and whenever they need care. Its dedicated workforce of more than 20,000 operates from 680 practice locations in 26 markets.

To learn more, please visit www.villageMD.com.

In 2023, the M&A market for healthcare companies continues to build on STRATEGIC opportunities in the current market.   The strategic corporate buyers and private equity investors remain committed to acquiring strong  businesses that are well prepared for a transaction.  Across the continuum of care, these buyers and investors are looking for well established, profitable businesses and offering prime valuations and options for management.

Do you know the current market value of your business? We do!  We are here to help you plan, prepare, explore and succeed in executing your strategic options.

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