Aurora Diagnostics Acquires Texas Hospital Pathology Practices
Acquisition Expands Aurora Diagnostics Footprint in Texas
AUSTIN, Texas – Aurora Diagnostics announced today that it has acquired two hospital-based practices of Brazos Valley Pathology, PLLC that provide extensive pathology services to several hospitals in Texas.
The practices, Brazos Valley Pathology, based in Bryan/College Station, and Trinity Pathology Associates, based in Tyler, provide professional pathology services to a number of hospitals, including St. Joseph Health System, College Station Medical Center and Trinity Mother Frances Health System as well as a number of other health facilities and clinics.
Terms of the transaction, which closed July 15, were not disclosed.
“We are excited to welcome the Brazos Valley Pathology and Trinity Pathology Associates pathologists and staff into Aurora Diagnostics as we expand our role as a leading provider of pathology services to hospitals,” said Dan Crowley, Chairman, President and CEO of Aurora Diagnostics.
The newly acquired practices will operate independently as part of Austin Pathology Associates, a similar Aurora Diagnostics practice based in Austin.
In addition, the transaction includes the assets of ProMedX Billing Solutions, L.P., a billing services company for the acquired practices, as well as several other professional pathology providers.
Brazos Valley Pathology has been a leading provider of pathology services for the region since 1996. The company’s pathologists are board certified in anatomic and clinical pathology, with special expertise and formal training in cytopathology (cellular), nephropathology (kidney), hematopathology (blood), breast pathology and clinical chemistry.
About Aurora Diagnostics
Aurora Diagnostics is the leading independent specialized laboratory company focused on anatomic pathology at 25 locations in the United States. Employing over 130 licensed physicians, Aurora Diagnostics provides high-quality diagnostics and testing information for the patients of its primary referral sources – dermatologists, OB/GYN professionals, gastroenterologists, urologists, general surgeons, oncologists, and for more than 60 community hospitals. For additional information regarding Aurora Diagnostics and the services it provides, please visit the company website at www.auroradx.com.
Forward Looking Statements
Certain matters discussed in this press release may constitute forward-looking statements within the meaning of federal securities laws. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, some of which are not within the control of the Company. Aurora reports information that may be significant for investors in its filings with the Securities and Exchange Commission (SEC), and Aurora encourages investors to consult those filings.