US-based oncology support platform OneOncology has agreed to acquire United Urology Group (UUG), a management services organisation specialising in urology, for an undisclosed sum.
The deal is intended to offer extra growth capital to enhance urology care in ambulatory surgery centres and physician-owned practices, as well as improve care options for prostate, bladder and other genitourinary cancers.
It is expected to close by the end of this year subject to certain customary closing conditions being met and regulatory approvals being given.
OneOncology CEO Jeff Patton said: “UUG’s attention and dedication to physician centricity and partnership with its leading independent practices are directly aligned with OneOncology’s culture and philosophy.
“We are thrilled to partner with the physician and executive leadership of United Urology Group to continue advancing urology care, including the increasingly complex treatment of genitourinary cancers.”
UUG operates a network of urology affiliate practices, including Arizona Urology Specialists, Chesapeake Urology, Colorado Urology, and Tennessee Urology,
UUG aims to 'transform' urology through its focus on accessible and value-based care, as well as ongoing innovation, patient and employee satisfaction, and community engagement.
The company has integrated its affiliate practices with advanced technology systems and processes to further expand its range of ancillary services.
UUG chief medical officer Geoffrey Sklar said: “I am energised about the opportunities that this new relationship brings.
“The synergies between OneOncology and UUG are going to allow us to enhance care to our complex urologic oncology patients and provide the ideal patient experience to all our urology patients across our expanding platform.”
Earlier this year, OneOncology and its partner Coastal Cancer Center acquired two radiation oncology centres from GenesisCare.