Coastal Healthcare Group, Durham, N.C., has signed a letter of agreement to acquire the Lakewood on Broad Family Practice Group, Durham, N.C., for an undisclosed amount.
Lakewood, which was formed in 1977, consists of four full-time and two part-time physicians.
The practice also employs three full-time physician assistants. The acquisition is expected to be completed by June 30.
Coastal plans to build an integrated provider network in North Carolina, said Vice Chairman John Hemingway.