By Jessica ZigmondOctober 19, 2012
Albuquerque-based Lovelace Health System has acquired Southwest Medical Associates, a physician practice that will retain its name, leadership and all 150 employees in the deal. No financial terms were disclosed, said a spokeswoman for Lovelace.
Effective immediately, the transaction starts a new physician model for Lovelace that will rely on a mix of employed...
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Physician Practice Adds to Lovelace’s Quality Reputation
Albuquerque, N.M.
(Oct. 19, 2012) – Lovelace has acquired Southwest Medical Associates, Inc.,
bringing one of the most esteemed physicians practices in New Mexico to be a
part of the Lovelace Health System.
“It’s an exciting moment in Lovelace’s history,” said Ron Stern,...
Lovelace Senior Health Plan member Reymundo Horacitas said he did not particularly like having to change his primary care physician when that doctor left Lovelace’s network of providers last month.
But Horacitas said it wasn’t as difficult as he had expected, and now he wants to publically show support for what he calls his “Lovelace family.”
“I had heart surgery five years ago,” said the 75-...
By Winthrop Quigley / Journal Staff Writer Fri, Oct 19, 2012
Lovelace Health System has acquired Southwest Medical Associates, a 33-year-old physician-owned, multi-specialty medical practice. The parties declined to disclose terms.
Southwest Medical, which has 34 physicians and other health care providers, will continue to do business under its own name. Its current leadership will...
PRC Chooses Lovelace Policy as Health Exchange Benchmark
New Mexico Business WeeklyOctober 18, 2012
By Dennis Domrzalski, Reporter
The New Mexico Public Regulation Commission said Wednesday it has chosen a Lovelace Health Plan policy as the benchmark for health insurance policies to be sold on the state’s health insurance exchange under the federal Affordable Care Act.
The decision means all other insurers who want to sell policies on the exchange when it begins operating in 2014 must...