Atrius Health decides to go it alone
Boston Globe 2/7/2019
After searching for suitors, the large medical group Atrius Health has decided to stay single.
Strongwater declined to detail which local and national companies expressed interest in a merger or acquisition with Atrius, but he said it didn’t feel right to join a hospital system when the company is focused on providing care in community-based physician offices — not in expensive hospitals.
Newton-based Atrius includes about 825 doctors, including Harvard Vanguard Medical Associates, and it is not part of a hospital system. Last year, the nonprofit doctors group solicited bids from several other companies and considered forging a deal to find stronger financial footing.
“We went through a very long and deliberate process, ultimately coming to what we felt was the best outcome: remaining independent,” said Dr. Steven Strongwater, chief executive of Atrius.
