by Avery Swett | Feb 14, 2023 1:52 pm | eHealth, Private Equity
Prosperity Behavioral Health announced on February 14 that it has acquired Elevated Billing, a South Jordan, Utah-based revenue cycle management (RCM) company that serves behavioral health facilities. The acquisition will create new market opportunities and expand... Read More »
by Avery Swett | Feb 10, 2023 11:17 am | Laboratories, MRI & Dialysis
CerraCap Ventures announced on February 10 an investment in Predicta Med. Terms of the deal were not disclosed. Headquartered in Tel Aviv, Israel, Predicta Med is an AI-based digital health company in the field of predictive analytics. The company helps medical... Read More »
by Avery Swett | Feb 10, 2023 11:15 am | Medical Devices
Globus Medical has announced its merger with San Diego-based NuVasive, Inc. in an all-stock deal valued at $3.1 billion. Following the close of the transaction, Globus Medical shareholders will own about 72% of the combined company and NuVasive shareholders will own... Read More »
by Avery Swett | Feb 9, 2023 2:42 pm | Medical Devices
Abbott is expanding its cardiovascular device portfolio with its acquisition of Cardiovascular Systems. Under terms of the agreement, Cardiovascular Systems’ stockholders will receive $20 per common share at a total expected equity value of approximately $890... Read More »
by Avery Swett | Feb 9, 2023 2:29 pm | eHealth, Private Equity
ImageTrend, Inc. announced an equity investment from Welsh, Carson, Anderson & Stowe (WCAS). Robert W. Baird & Co. acted as the financial advisor for ImageTrend. Kirkland & Ellis LLP served as legal counsel and Shea & Co. served as financial advisor to... Read More »