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Sam Setareh, M.D., And David Filsoof, M.D., Acquire Practice Of Renowned L.A. Cardiologist Ivor Geft

Sep 14, 2023•almost 2 years ago

Acquiring Company

Sam Setareh M.D. M.S. F.A.C.C

Acquired Company

L.A. Cardiologist Ivor Geft

MedicalEducationBiotechnologyHealth CareMedicalHealth Care

Description

MDVIP, the market leader in personalized healthcare with a network of over 1,100 primary care physicians nationwide, today announced that two MDVIP-affiliated doctors, Sam Setareh, M.D., M.S., F.A.C.C., and David M. Filsoof, M.D., have acquired the practice of esteemed Los Angeles cardiologist Ivor L. Geft, M.D., who retired after 43 years of clinical service in the community.

Company Information

Company

Sam Setareh M.D. M.S. F.A.C.C

About

Dr. Setareh received a Master of Science in Global Medicine from the Keck School of Medicine at the University of Southern California and earned his medical degree from The Sackler School of Medicine at Tel Aviv University. He completed his internship and residency in Internal Medicine as well as a Fellowship in Cardiovascular Disease from the prestigious Icahn School of Medicine at Mount Sinai in New York. Dr. Setareh is double board-certified in Internal Medicine and Cardiology and is an attending physician at Cedars-Sinai Medical Center in Los Angeles, Southern California Hospitals and California Rehabilitation Institute. He is actively involved in clinical research; focused on cardiovascular disease prevention and performance, heart failure and valvular disease; and has authored numerous peer-reviewed articles and cardiology textbook chapters. For more information about Dr. Setareh, visit https://www.mdvip.com/doctors/samsetarehmd.

Company

David M. Filsoof M.D

About

Dr. Filsoof received his medical degree from the New York Medical Center in Valhalla, New York. He completed his internship at Harbor-UCLA Medical Center in Los Angeles and a dual residency in Internal Medicine and Pediatrics at the Texas Medical Center in Houston. Dr. Filsoof went on to complete two fellowships, including one in Cardiovascular Disease at the Mayo Clinic in Jacksonville, Florida, and the second in Echocardiography and Advanced Cardiac Imaging at Cedars-Sinai Medical Center in Los Angeles. He is double board-certified in Internal Medicine and Cardiovascular Disease and is an attending physician at Cedars-Sinai Medical Center in Los Angeles, Southern California Hospital Culver City and California Rehabilitation Institute. Dr. Filsoof is licensed in more than 15 states across the U.S. and has authored numerous peer-reviewed publications, editorials and book chapters in respected journals. For more information about Dr. Filsoof, visit https://www.mdvip.com/doctors/DavidFilsoofMD.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed