Dentistry tops medical specialties in M&A activity: Report

Dentistry saw the most mergers and acquisitions in 2023 compared to 13 other medical specialties, according to VMG Health’s 2024 Healthcare M&A Report.

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VMG Health reported that M&A activity among physician medical groups was strong in 2023 but still lower compared to 2022, seeing a 14% decline. Overall, the advisory firm said it expects the pace of M&A activity to continue to pick up in 2024. 

Here is how the deal volume of the dental industry compared to other medical specialties last year:

Dental: 180

Eye care: 47

Internal medicine: 46

Orthopedic: 36

Cardiology: 29

Dermatology: 29

OB/GYN: 26

Plastic surgery: 20 

ENT: 20

Gastroenterology: 19

Oncology: 17

Pediatrics: 11

Nephrology: 8

Pain management: 5 

At the Becker's 5th Annual Future of Dentistry Roundtable, taking place September 14-15 in Chicago, dental leaders and executives will gain insights into emerging technologies, practice growth strategies and the evolving landscape of dental care delivery, with a focus on innovation, patient experience and operational excellence. Apply for complimentary registration now.

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