Next ACO of Nature Coast Acquired by Palm Beach Accountable Care Organization
- August 28, 2025
- in
MIAMI, FL — August 2025 — The Bloom Organization (“Bloom”), a preeminent middle-market investment bank focused exclusively on founder-led and physician-owned businesses across the healthcare services and business services sectors, is pleased to announce that its client, Next ACO of Nature Coast (“Next ACO”), has been acquired by Palm Beach Accountable Care Organization (“Palm Beach ACO”).
Founded in 2016, Next ACO of Nature Coast is a physician-led Medicare Shared Savings Program (MSSP) ACO serving beneficiaries across the Tampa Bay region. Built on a foundation of physician engagement and coordinated primary care, Next ACO has established a strong record of improving quality outcomes and generating cost savings for its patient population.
PBACO, founded in 2012, began as one of the first physician-led, physician-owned ACOs in the Medicare Shared Savings Program. Today, it operates nationally across 26 states, representing more than 15,000 physicians and nearly 500,000 patients in Medicare, Medicare Advantage, and Commercial payer programs. PBACO combines clinical independence with financial alignment and robust technology, empowering physicians to excel in value-based care while driving superior patient outcomes. Consistently ranked among the nation’s top ACOs, PBACO has delivered industry-leading quality performance and Medicare Shared Savings results since inception.
This transaction underscores the continued consolidation of regional MSSP ACOs as they pursue scale, efficiency, and value-based performance. Investors and strategic buyers alike remain highly focused on integrated ACO platforms with proven shared savings performance and strong physician alignment.
The Bloom Organization served as the exclusive financial advisor to Next ACO of Nature Coast and its shareholders. The transaction was led by Robert Goettling, and Steven Weiss.
With over 30 years of experience advising healthcare services businesses, The Bloom Organization specializes in structuring strategic partnerships, M&A transactions, and capital solutions across the healthcare continuum.