Big Sky Medical Acquires MOB in Cedar Park, Texas
Big Sky Medical announced the acquisition a 38,709-square-foot Class A medical outpatient building (MOB) located in Cedar Park, a suburb of Austin, Texas. The property is 100% net- leased to Baylor Scott & White Health, Texas’s largest not-for-profit healthcare system. The Cedar Park facility offers a wide range of medical services, including preventive care, primary care and specialized treatments. Big Sky Medical is a national real estate investment management firm that invests in healthcare-related real estate, with a concentration in the medical office and life science sectors. The firm, which is headquartered in Dallas, has more than $2 billion in healthcare real estate investment... Read More »
Heartland Dental Expands in Florida with Acquisition of Vanderbilt Estates Dental
Heartland Dental announced that it entered into an agreement to acquire Vanderbilt Estates Dental for an undisclosed price. Vanderbilt Estates Dental is based in Naples, Florida and provides preventative dentistry, emergency dentistry and restorative dentistry. According to the website, the practice has one provider on staff: Dr. Gillian Plummer-Molina. Heartland Dental is a dental support organization providing non-clinical, administrative support services with more than 2,600 doctors in more than 1,650 locations across 38 states. The company is majority-owned by KKR, a global investment firm. According to data captured in the LevinPro HC database, this deal... Read More »
Augusta Medical Group Acquires Rockingham Family Physicians
On July 18, Augusta Medical Group announced it acquired Rockingham Family Physicians. Rockingham Family Physicians is a primary care practice with one location in Harrisonburg, Virginia. According to its website, the practice is run by four physicians. Augusta Medical Group, part of Augusta Health’s network, is a group of dedicated medical professionals who serve patients in primary care practices, specialty clinics and outpatient venues. It was founded in 2008. Rockingham Family Physicians’ patients will begin to receive care from Augusta Medical Group’s staff on September 1, 2024. This new addition will mark Augusta Health’s second location in... Read More »
Hologic Completes Acquisition of Endomagnetics
Hologic, Inc. announced on July 25 that it completed its previously announced acquisition of Endomagnetics Ltd, a privately held UK-based developer of breast cancer surgery technologies, for approximately $310 million. Endomagnetics, also called Endomag, develops and sells breast surgery localization and lymphatic tracing technologies. The Cambridge, United Kingdom-based company was founded in 2007 and produces surgical guidance products that assist surgeons in locating and removing cancerous tumors, predominantly for breast cancer surgery. Its products include the Magseed® marker for magnetic tissue localization before surgery, the Magtrace® lymphatic tracing injectable for breast cancer... Read More »
Astrana Health Enters Definitive Agreement to Acquire Collaborative Health Systems
Astrana Health, Inc., together with its subsidiaries and affiliated entities, announced on July 25 that the company entered into a definitive agreement to acquire Collaborative Health Systems (CHS), a Centene Corporation company. CHS is a management services organization (MSO) that partners with independent primary care physicians as they move to value-based models. CHS serves more than 129,000 beneficiaries across 17 states. Astrana Health is a MSO comprised of healthcare professionals and more than 600 employees. Astrana provides comprehensive administrative support and various auxiliary services to provide the highest quality of care to patients. The acquisition facilitates the... Read More »
PE-Backed Behavioral Framework Acquires Behavior Consultation & Psychological Services
Behavioral Framework announced on July 24 that it has acquired Behavior Consultation & Psychological Services (BCPS) in Greenville, North Carolina. Founded in 2010, BCPS is a premier provider of clinic, home and school-based applied behavior analysis (ABA) therapy and autism diagnostic services for children in North Carolina. Behavioral Framework, backed by private equity firm Renovus Capital Partners, is a leading provider of ABA therapy in Maryland and Virginia. The company was founded in 2017 and is based in Rockville, Maryland. Together, Behavioral Framework and BCPS will provide individualized therapy and autism diagnostics to more than 1,000 families across Maryland, Virginia,... Read More »
PM Pediatric Care Acquires Florida Urgent Care Centers
PM Pediatric Care announced that it acquired 10 pediatric urgent care centers in Florida from Pediatrix Medical Group. The acquired assets include 10 urgent care locations in the Greater Orlando, Jacksonville, Melbourne and Port St. Lucie areas. The offices were formerly known as Night Lite Pediatrics prior to their 2022 acquisition by Pediatrix Medical Group. PM Pediatric Care is one of the largest pediatric urgent care providers for children and young adults in the United States. Staffed by teams experienced in caring for ill and injured children, including board-certified pediatric emergency physicians and pediatricians, PM’s urgent care sites offer pediatric imaging, lab testing... Read More »
Molina Healthcare to Acquire ConnectiCare
Molina Healthcare, Inc. announced on July 23 that it has entered into a definitive agreement to acquire ConnectiCare Holding Company, Inc., a wholly owned subsidiary of EmblemHealth, Inc. The purchase price for the transaction, which is expected to close in the first half of 2025, is $350 million. The acquisition represents a strong strategic fit for Molina, adding an established government business, recognized brand and a statewide provider network. ConnectiCare is a leading health plan in the state of Connecticut serving approximately 140,000 members across Marketplace, Medicare and certain commercial products as of June 30, 2024. Molina Healthcare, Inc., a Fortune 500 company, provides... Read More »
Munich, Germany-Based neurocare group Acquires Smart TMS
Munich, Germany-based neurocare group AG announced on July 22 the acquisition of Smart TMS in the United Kingdom. According to data captured in the LevinPro HC database, this acquisition represents the 40th Behavioral Health Care transaction of 2024, and the third transaction announced in the transcranial magnetic stimulations provider specialty. Smart TMS is the largest provider of transcranial magnetic stimulation (TMS) treatment in the United Kingdom. Smart TMS operates nine clinics across the United Kingdom and Ireland. Founded in 2015, Smart TMS was a pioneer in using TMS for treating conditions like obsessive-compulsive disorder, addiction and adolescent psychiatry. TMS, a... Read More »Schedule a demo
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