Articles written by Lisa Phillips:

DentalOne
DentalOne

Align Technology Bites for Exocad Global

Align Technology, Inc. (NASDAQ: ALGN), best known for its Invisalign system, acquired exocad Global Holdings GmbH in March. The price was approximately $407 million (EUR376 million). Exocad, based in Darmstadt, Germany, is a global provider of dental CAD/CAM software market and offers fully integrated workflows to dental labs and dental practices via a broad customer […]

Pharmaceutical
Pharmaceutical

Centric Buys Specialty Pharmacy Network

Centric Health Corporation (TSE: CHH) is on its way to becoming the largest specialty pharmacy company serving seniors in Canada, thanks to its recently announced acquisition of Remedy Holdings Inc. The price is approximately US$27.2 million. This is the second deal in March 2020 targeting special services for seniors. Early in the month, NaviHealth acquired Innovative […]

hospital M&A
hospital M&A

Prisma Health Picks Up Three LifePoint Hospitals

Not-for-profit Prisma Health, based in Greenville, South Carolina, has stayed out of the news since it was formed by the merger of Greenville Health System and Palmetto Health. That changed in March, with the announcement that it was adding three hospitals operated by LifePoint Health. Financial terms of the asset purchase agreement weren’t disclosed. Prisma […]

National Seating & Mobility
National Seating & Mobility

Sanders Trust Buys Cobalt Rehab Hospital

Curahealth, a portfolio company of Nautic Partners, is selling the real estate assets of a rehabilitation hospital in New Orleans operated by its subsidiary, Cobalt Rehabilitation. Birmingham, Alabama-based The Sanders Trust will pay $29 million for the 60-bed inpatient rehab facility. The Cobalt Rehabilitation Hospital is a Class A, 65,345-square-foot facility located less than two […]

Banner Health Adds Two Physician Groups

Arizona’s Banner Health continues to beef up its physician roster. In February, the not-for-profit health system added Desert Vascular Specialists and The Orthopedic Clinic Association (TOCA). Banner Health owns and operates 28 acute-care hospitals in six states, as well as the Banner Health Network, Banner University Medicine, academic and employed physician groups, long-term care centers, […]

NaviHealth Deal Focuses on Seniors

It’s been a few years, four to be exact, since NaviHealth announced an acquisition. The silence was broken in late February, when it acquired Innovative Healthcare Delivery (IHD). The deal is part of NaviHealth’s mission to extend non-clinical services into seniors homes. Financial terms were not disclosed. IHD, based in Henderson, Nevada, specializes in identifying […]

Caregiver
Caregiver

Cimarron Healthcare Enters Behavioral Health Space

Two private equity firms exited an investment and one dove into it. The target, Ascent Behavioral Health, is a portfolio company of Monroe Capital and Veronis Suhler Stevenson. The Salt Lake City-based company provides wilderness therapy, residential treatment and therapeutic boarding school programs for adolescents with mental health issues such as depression, anxiety and attachment […]

National Seating & Mobility
National Seating & Mobility

Welltower Unloads Seniors Housing Portfolio

Welltower Inc. (NYSE: WELL) announced the largest deal so far in the month of February, by price, at least. It’s been a slow month for healthcare mergers and acquisitions, so the selling price of $740 million is leading the pack. The portfolio consists of assisted living communities located in California, Nevada and Washington. They were […]