Pennant Group Expands With Signature Healthcare Assets

Pennant Group Expands With Signature Healthcare Assets

The Pennant Group Inc. announced on July 11 that it has agreed to acquire Signature Healthcare at Home’s hospice and home health assets for a combined purchase price of $80 million. Signature Healthcare at Home is a provider of home health and hospice services in the Pacific Northwest, with multiple locations throughout Oregon, Washington and Idaho. Signature employs a team of more than 650 home health and hospice staff. It has an annual revenue of approximately $78 million, home health admissions of more than 12,000 and an average daily hospice census of more than 300, each over the trailing twelve months. The Pennant Group, Inc. is a holding company of independent operating subsidiaries... Read More »
OhioHealth Sells Outreach Laboratory Services Business to Quest Diagnostics

OhioHealth Sells Outreach Laboratory Services Business to Quest Diagnostics

OhioHealth, based in Columbus, Ohio, announced on July 10 that it had signed an agreement to sell certain assets of its outreach laboratory services business to Quest Diagnostics. OhioHealth is a family of not-for-profit hospitals and healthcare facilities serving central Ohio since 1891. Quest Diagnostics provides diagnostic testing information services in the United States and internationally. Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States with approximately 50,000 employees. According to its most recent annual report, Quest Diagnostics generated $9.25 billion in annual revenues during FY 2023, and annual EBITDA of $1.7... Read More »
Peak Mobile Holdings Acquires PICC Performance

Peak Mobile Holdings Acquires PICC Performance

Austin, Texas-based Peak Mobile Holdings announced the acquisition of PICC Performance. PICC Performance is a vascular access provider in Connecticut and Massachusetts. The company’s nursing team and approach have set an industry standard for bedside insertion of peripherally inserted central catheters and midlines. Peak Mobile Holdings and its subsidiaries specialize in programs that prevent hospital admissions and readmissions by equipping mobile nurses and providers with the technology, training and tools to perform procedures typically reserved for hospital settings. Its programs meet patients and their providers at the point-of-care to reduce costs and optimize the care journey.... Read More »
MB2 Dental Acquires Bethlehem Dentistry and Brookwood Dentistry 

MB2 Dental Acquires Bethlehem Dentistry and Brookwood Dentistry 

MB2 Dental Solutions announced on July 9 that it was expanding its network with two acquisitions.   Brookwood Dentistry is a dental practice that utilizes digital dentistry to care for patients. According to its website, the practice has three providers on staff.  Bethlehem Dentistry operates out of one location in Bethlehem, Georgia. According to its website, there are two providers on staff.  MB2 Dental Solutions, a portfolio company of middle-market private equity firm Charlesbank Capital Partners since February 2021, partners with dentists and specialists. Founded in 2007, MB2 offers general dentistry services, orthodontics, cosmetic dentistry and oral surgery. ... Read More »
JLL Closes Cypress West Partners and TPG Angelo Gordon’s Acquisition of Chula Vista, California MOB 

JLL Closes Cypress West Partners and TPG Angelo Gordon’s Acquisition of Chula Vista, California MOB 

On July 9, JLL Capital Markets announced that it represented Turner Impact Capital in the sale of a Chula Vista, California medical outpatient building (MOB). The property was purchased through a joint venture between Cypress West Partners and TPG Angelo Gordon.  The MOB consists of 37,000 square feet. The facility is on the campus of the 173-bed Scripps Mercy Hospital Chula Vista. Renovated in 2015, the four-story property is currently leased to 12 tenants, including anchor tenant Scripps Health.  Cypress West Partners is a privately held investor, developer, owner and operator of medical properties throughout the western United States. The Cypress West Partners portfolio... Read More »
Uwill Acquires College Mental Health Startup Virtual Care Group

Uwill Acquires College Mental Health Startup Virtual Care Group

Natick, Massachusetts-based Uwill announced that it has acquired Virtual Care Group, a student-focused telehealth and wellness support platform. Based in Los Angeles, Virtual Care Group offers a platform that pairs providers with students, college faculty and staff who need support for their well-being and mental and physical health. The platform is currently implemented at more than 100 colleges. Uwill is a mental health platform for colleges and students. Uwill partners with colleges to offer students on-demand virtual access to licensed therapists and providers trained in crisis counseling. Students can also attend online wellness events through the company’s mental health and... Read More »
SAIGroup Picks up Patient Engagement Provider Get Well

SAIGroup Picks up Patient Engagement Provider Get Well

SAIGroup announced on July 9 the acquisition of Get Well, a Bethesda, Maryland-based provider of digital patient engagement. Get Well’s digital engagement tools connect patients to the information they need, when they need it, providing scalable operational efficiencies to hospitals, health systems, payers and other risk-bearing entities. Get Well currently facilitates more than 10 million patient interactions annually across more than 1,000 healthcare organizations. Founded in 2017, SAIGroup is a private equity firm based in Palo Alto, California. The firm focuses on artificial intelligence software companies. SAIGroup seeks majority acquisitions of software, data, analytics and... Read More »
GQR Acquires Healthcare Staffing Provider Uniti Med

GQR Acquires Healthcare Staffing Provider Uniti Med

GQR has announced the acquisition of Uniti Med, a healthcare staffing company based in Omaha, Nebraska. This strategic acquisition marks a significant advancement for both organizations, enhancing their capabilities to serve clients and candidates across a broader array of sectors and geographical regions. This strategic acquisition marks a significant advancement for both organizations, enhancing their capabilities to serve clients and candidates across a broader array of sectors and geographical regions. Uniti Med specializes in travel nursing, locum tenens and other healthcare sectors. GQR is a global leader in workforce solutions, delivering talent to the healthcare, life sciences,... Read More »
Tennessee Retina Strengthens Nashville Foothold  

Tennessee Retina Strengthens Nashville Foothold  

Tennessee Retina announced on July 8 that it welcomed Retina Consultants of Nashville to its network.   Retina Consultants of Nashville operates out of one location in Nashville, Tennessee and provides high-quality eye care. According to the press release, there are three providers on staff.  Owned by Retina Consultants of America, which is a portfolio company of Webster Equity Partners, Tennessee Retina is one of the largest and most recognized retina practices in the area. Tennessee Retina offers advanced diagnostic and treatment options for the full spectrum of surgical and medical retina conditions, including macular degeneration, diabetic retinopathy, retinal detachment,... Read More »
Tobin Scientific Acquires BioRepository Resources 

Tobin Scientific Acquires BioRepository Resources 

On July 2, Tobin Scientific announced that it acquired all assets of BioRepository Resources, LLC.   BioRepository Resources, LLC is a specialty contract services company that is focused on regulated long-term storage of biological and pharmaceutical materials. It is based in New Providence, New Jersey.   Tobin Scientific is a leading provider of biopharma cold chain, ambient storage and transport and logistics services. It is based in Beverly, Massachusetts and was founded in 1960. It has more than 300,000 square feet of ambient warehouse space and a robust portfolio of specialized transport and storage services.  This strategic acquisition enhances Tobin Scientific’s... Read More »