PPM/MSO News
• The California Department of Corporations received an order from the state court that extends the time period for finalizing a settlement agreement with Medpartners’ (Birmingham, AL) California physician management operations. The order extends the agreement until June 9. The company has also signed agreements to sell some of its medical units in California, including U.S. FamilyCare Medical Center in Montclair, and two small physician groups: Inland Empire Medical Group in Riverside and High Desert Primary Care Group in Hesperia. Sales of the physician groups must receive approval from the U.S. Bankruptcy Court. MedPartners’ spokesman Robert Mead would not identify the buyers of the groups, reported the Business Press in Ontario, CA.
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