Montecito Medical acquires 5 MOBs in Michigan

Montecito Medical acquires 5 MOBs in Michigan

Montecito Medical Real Estate announced in a February 4 press release that it has acquired five medical outpatient buildings (MOBs) in western Michigan for an undisclosed price. The five MOBs, which offer more than 152,000 square feet, are situated in Grand Rapids, Big Rapids, Norton Shores and Holland, Michigan, respectively. Four of the properties are tenanted by OneOncology; the fifth is shared between OneOncology and the START Midwest Center for Cancer Research. All of the MOBs are fully occupied. Montecito Medical specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions totaling more than $6.5 billion in medical and veterinary... Read More »
Elite365 Buys Healthcare Staffing Firm Focus Staff

Elite365 Buys Healthcare Staffing Firm Focus Staff

Elite365 Family of Brands, which operates several healthcare staffing firms, has acquired healthcare staffing firm Focus Staff in a deal that closed January 1. Financial terms were not disclosed. Founded in 2009 and based in Dallas, Texas, Focus Staff Services is a leading provider of temporary workforce solutions in the healthcare marketplace. Focus provides both nurse and allied staffing services, across all 50 states, to many of the country’s leading integrated delivery networks, acute care hospitals and other healthcare facilities. Focus Staff’s business is approximately 52% nurse staffing and 48% allied staffing. Focus Staff was previously acquired by private equity firm... Read More »
Tampa General Hospital partners with Gastro Florida 

Tampa General Hospital partners with Gastro Florida 

Tampa General Hospital announced on February 4 that it entered into a partnership with Gastro Florida. Terms were not disclosed.  Gastro Florida is a gastroenterology practice with 42 locations in the Tampa Bay, Florida MSA. In addition to its gastro facilities, it operates surgical centers with a focus on digestive conditions. According to its website, there are more than 40 physicians on staff with a support team of more than 20 members.  Tampa General Hospital, a 1,040-bed, not-for-profit, academic health system, is one of the largest hospitals in America and is the region’s only center for Level l trauma and comprehensive burn care.  “Expanding access to... Read More »
CBRE Facilitates Sale of HCA Surgery Center Portfolio 

CBRE Facilitates Sale of HCA Surgery Center Portfolio 

CBRE announced on February 4 that it facilitated the sale of a HCA Surgery Center medical outpatient building (MOB) portfolio to Montecito Medical Real Estate. NexCore Group was the seller.   The portfolio is in Orem, Utah and Katy, Texas and comprises 65,054 square feet. The facilities also operate as outpatient surgery centers. Both assets are fully leased with an average weighted lease term of 13.8 years.   Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions totaling more than $6.5 billion in medical and veterinary real estate.  “This stabilized portfolio offers 14 years of WALT... Read More »
DW Healthcare Partners Announces Sale of LKC Technologies to Ametek

DW Healthcare Partners Announces Sale of LKC Technologies to Ametek

DW Healthcare Partners, a healthcare-focused private equity firm, announced on February 3 the sale of LKC Technologies to Ametek, Inc. LKC Technologies will join Ametek as part of its Electronic Instruments Group.  LKC Technologies is a leading provider of technologies to enable the effective diagnosis and management of ophthalmic conditions. LKC Technologies develops portable devices that help doctors test and monitor eye health. These tools are designed to detect early signs of diabetic retinopathy and other serious eye conditions that can lead to vision loss. The company is headquartered in Germantown, Maryland. DW Healthcare Partners previously invested in LKC Technologies in June... Read More »
RadNet Enters Indiana With Northwest Radiology Network Acquisition

RadNet Enters Indiana With Northwest Radiology Network Acquisition

RadNet, Inc. announced that it has acquired the outpatient imaging assets of Northwest Radiology Network, P.C. The deal marks RadNet’s entry into Indiana and expands its presence into the Midwestern United States. Northwest Radiology Network is a physician-led outpatient diagnostic imaging practice operating six multimodality outpatient centers across the Indianapolis, Indiana MSA. Founded in 1967, Northwest Radiology offers a comprehensive range of diagnostic and screening services, including MRI, CT, PET/CT, mammography, ultrasound, nuclear medicine, interventional radiology and diagnostic X-ray. According to its website, the practice has 19 providers on staff. RadNet, Inc. is a provider... Read More »
MedImpact Healthcare Systems Acquires Sav-Rx 

MedImpact Healthcare Systems Acquires Sav-Rx 

MedImpact Healthcare Systems, based in San Diego, California, announced on February 2 that it acquired Sav-RX. The financial terms of the acquisition were not disclosed.   Sav-Rx is a pharmacy benefit manager (PBM) located in Fremont, Nebraska. It was founded in 1968.  MedImpact Healthcare Systems is one of the largest privately held providers of PBM services in the country. The company provides PBM services to 47 million members.  Combined with MedImpact’s national scale, clinical capabilities and technology platform, the acquisition enhances MedImpact’s ability to deliver more comprehensive, flexible and cost-effective solutions across its client base. Sav-Rx will... Read More »
SALT Dental Partners Announces 2 Transactions in January  

SALT Dental Partners Announces 2 Transactions in January  

SALT Dental Partners, based in Phoenix, Arizona, announced in January the acquisition of two practices: World of Smiles Pediatric Dentistry and Suffolk Pediatric Dentistry.  World of Smiles Pediatric Dentistry is a children and adolescent’s dental practice with one location in Portland, Oregon. According to its website, there are four dentists on staff.  Suffolk Pediatric Dentistry is a children’s dental practice with five locations in New York: Port Jefferson Station, Wading River, Sayville, Hauppauge and Patchogue. According to its website, there are 10 physicians on staff.  SALT Dental Partners is a dental partnership organization specializing in pediatric... Read More »

Top Health System Deals of 2025 

In another preview of our upcoming Healthcare Services Acquisition Report, we’re examining the top deals from health systems in 2025. Healthcare M&A activity from health systems fell by roughly 10% in 2025, to 121 deals. There were 15 large-scale health system mergers, but most deals in the Hospital sector were for single facilities, such as short-term acute care hospitals or critical access hospitals. However, health systems focused most of their M&A on the outpatient market, which accounted for 77% of their activity throughout the year.   Here were the top health systems deals in 2025.   PurHealth Expands in Europe  Based on cash consideration alone, PureHealth’s $936... Read More »
Physician Growth Partners Named a Top Physician Group Advisor of 2025

Physician Growth Partners Named a Top Physician Group Advisor of 2025

The Physician Medical Group (PMG) market was strong in 2025, as buyers overwhelmingly focused on small, tuck-in acquisitions to address heightened patient demand and favorable reimbursement conditions. According to LevinPro HC data, 521 PMG transactions were reported in 2025, up from 506 in 2024, highlighting sustained investor interest in the space. Physician Growth Partners (PGP), a Chicago, Illinois-based M&A advisory firm focused primarily on physician group and private equity transactions, emerged as one of the most active advisors in the PMG sector in 2025.  Throughout 2025, the group advised on 12 transactions, including one Behavioral Health Care acquisition. The aggregate... Read More »