by Avery Swett | Nov 28, 2022 11:37 am | eHealth
Cloud 9 Software, a Roswell, Georgia-based provider of cloud-based practice management systems, acquired Birmingham, Alabama-based Focus Ortho. The deal was announced on November 28, 2022. With the acquisition, Cloud 9 Software will increase its customer footprint and... Read More »
by Avery Swett | Nov 23, 2022 2:05 pm | Medical Office Buildings, Other Services, Private Equity
Nashville-based private equity firm Excelsior Capital has purchased a 17,837-square-foot medical office building (MOB) in Chattanooga, Tennessee for $7.4 million, or approximately $415 per square foot. The MOB was built in 2014 and houses the Center MedSpa on the... Read More »
by Avery Swett | Nov 22, 2022 11:02 am | CDMO, Other Services, Private Equity
ARCH Medical Solutions, a platform company of middle-market private equity firm The Jordan Company, announced on November 21 its acquisition of Alpha Manufacturing & Design. The acquisition adds to the depth and breadth of the ARCH Medical portfolio of... Read More »
by Avery Swett | Nov 21, 2022 4:05 pm | Healthcare Market Updates
It’s been a turbulent earnings season. Although some companies are thriving, inflation, reimbursement changes, labor shortages and other headwinds have hit every organization across the board. Some companies, like American Well Corp (Amwell) (NYSE: AMWL), U.S.... Read More »
by Avery Swett | Nov 21, 2022 12:05 pm | Biotechnology
Merck & Co., Inc. has entered into a definitive agreement under which Merck, through a subsidiary, will acquire Imago BioSciences, Inc. for $36.00 per share in cash for an approximate total equity value of $1.35 billion. The transaction is expected to close in the... Read More »