by Avery Swett | Jul 25, 2022 2:46 pm | Private Equity, Rehabilitation
Patient Square Capital, run by Jim Momtazee, acquired Hanger, Inc. (NYSE: HNGR) on July 21 for $1.25 billion, marking Patient Square’s third deal of the year. Headquartered in Austin, Texas, Hanger, Inc. provides orthotic and prosthetic (O&P) services... Read More »
by Avery Swett | Jul 22, 2022 3:01 pm | Rehabilitation
Sila Realty Trust, Inc., a non-traded real estate investment trust, announced on July 21 its acquisition of the TGH Rehabilitation Hospital, an 80-bed inpatient acute rehabilitation facility in Tampa. The purchase price was $51.2 million, excluding acquisition costs.... Read More »
by Avery Swett | Jul 22, 2022 2:27 pm | Other Services
The $3.9 billion acquisition of One Medical (NASDAQ: ONEM) is one of Amazon.com’s (NASDAQ: AMZN) largest acquisitions, to date, and follows the rollout and expansion of Amazon Care in 2021. Through the acquisition, Amazon will have access to One Medical’s nearly 200... Read More »
by Avery Swett | Jul 20, 2022 1:40 pm | Other Services, Private Equity, Urgent Care Centers
Fast Pace Health, a portfolio company of private equity firm Revelstoke Capital Partners, announced on July 20 that it has completed an investment in First Care Clinics, which manages urgent care clinics in Kentucky and Indiana. First Care Clinics will be rebranded as... Read More »
by Avery Swett | Jul 18, 2022 1:11 pm | Healthcare Market Updates, Physician Medical Groups
M&A activity in the Physician Medical Group (PMG) sector rose in Q2:22, reaching 142 publicly announced deals, which is a 5% increase from Q1:22 that saw 135 deals and a 35% increase from Q2:21 that saw 105 deals, according to LevinPro HC. This indicates that the... Read More »