Provident Healthcare Partners advises Riverside Medical Clinic on its partnership with Universal Healh Services


“It was a great privilege to have represented Riverside in this important transaction. Riverside combination of talent, reputation, professionalism and long-standing presence in the California market has made it the ideal partner for UHS as they pursue their strategy of expansion through targeted acquisitions. The partnership with the UHS team will allow Riverside to continue their impressive growth trajectory while maintaining their exceptional commitment to suppliers and patients, ”noted Rebecca leiba, Managing Director of Provident.

“It has been a pleasure to work with the management team of Riverside Medical Clinic, a leading provider of multi-specialty care in the Southern california Marlet. We wish RMC all the best in their new partnership with UHS ”, commented Rich Scirette, vice-president at Provident.

About Riverside Medical Clinic
Riverside Medical Clinic provides healthcare solutions to families by providing legendary care based on general well-being. When the RMC was launched in 1935 in the rotunda of the famous Mission Inn, the clinic demonstrated an avant-garde approach to medicine. Dr. Ray mccarty and dr. Philippe Corr has formed an innovative multi-specialty clinic based on a cooperative group medical system. RMC continues to honor its tradition of progress and innovation, particularly as the largest private ambulatory care provider in the Inland Empire. The multi-specialty clinic has expanded to seven locations, state-of-the-art outpatient surgery centers, four emergency care centers, laboratories, and a comprehensive diagnostic imaging and nuclear medicine center. For more information visit www.riversidemedicalclinic.com.

About universal health services
One of the nation’s largest and most respected hospital and healthcare service providers, Universal Health Services, Inc. has an impressive track record of achievement and performance. Based at King of Prussia, PA, UHS has 89,000 employees and operates through its subsidiaries 26 acute care hospitals, 334 behavioral health establishments, 39 outpatient care establishments and outpatient access points, an insurance offer, a network of doctors and various related services located in 39 US states, Washington DC, Porto Rico and the UK. She acts as an advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE: UHT). For more information visit https://www.uhs.com/.

About Provident Healthcare Partners
Provident is a leading healthcare investment bank specializing in M&A advisory, strategic planning and capital formation for healthcare companies. The firm has extensive knowledge of market sectors and specialties, including multi-specialty medical services. Provident also has unparalleled experience and knowledge of the M&A process, which includes working with a number of buyers such as private equity firms and strategic consolidators. For more information visit www.providenthp.com or follow LinkedIn.

Contact:
Health Provident Partners
Gina Casiello
877-742-9800

SOURCE Provident Healthcare Partners LLC

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