Health group acquires regional OB-GYN practice
By Vince Brennan – Managing Editor, St. Louis Business Journal
Feb 20, 2019, 8:09am EST
Virginia-based Advantia Health has acquired Heartland Women’s Healthcare, an OB-GYN practice with 25 locations across Missouri and Illinois. Terms were not disclosed.
According to a release, the deal will add 180,000 patients and 50 doctors, nurses and midwives to Advantia.
Officials said the deal will help improve patient outcomes and drive lower costs for patients. With the Heartland acquisition, Advantia has about 200 providers in Illinois, Maryland, Missouri and Virginia.
“Advantia Health is an outstanding match for Heartland,” said Dr. Michael Schifano, founder and managing partner of Heartland Women’s Healthcare. “We share the same vision for the future of women’s health care and this new partnership will allow us to continue to grow into the communities in need of a strong option for convenient, coordinated and quality care.”
“We are thrilled to welcome Dr. Schifano and his entire team at Heartland to our Advantia Health family and we are excited to take our first steps as we expand from a regional to national healthcare provider,” said Sean Glass, founder and CEO of Advantia Health. “Heartland’s emphasis on providing quality, convenient care to consumers closely aligns with Advantia’s mission of a value-based approach to health care.”
In the works is a new Heartland medical building in Wentzville. The 8,000-square-foot facility will open this spring and feature 14 examination rooms, a 4D ultrasound theater, lab and two procedure rooms. Also this spring, the company will open another facility in Shiloh that will accommodate up to 10 providers, 32 examination rooms, four ultrasound theaters, two labs and two procedure rooms. The two buildings will support about 30 jobs, according to a statement.