Healthcare Market Updates - Page 2 of 72

24 Hour Home Care Acquires California Home Care Agency Trusted Life Care

by Avery Swett | May 18, 2022 9:42 am | Home Health & Hospice, Private Equity | 0 comments
24 Hour Home Care, an independently owned non-medical in-home care provider, announced its acquisition of Trusted Life Care, a home care agency that provides personal care for seniors in California’s Orange and Los Angeles counties. Financial terms were not disclosed. According to the LevinPro HC database, this marks the 44th Home Health &... Read More »
Montecito Medical Expands Further into New York

by Avery Swett | May 17, 2022 9:26 am | Medical Office Buildings, Other Services | 0 comments
On May 11, Montecito Medical announced that it acquired two medical office buildings (MOB) outside of Rochester, New York. The two properties, which are in Penfield, are 100% leased to University of Rochester Medicine (UR Medicine). UR Medicine is one of the largest healthcare systems in New York and consists of almost 1,500 beds and more than... Read More »
Greenbrook TMS Acquires Success TMS

by Avery Swett | May 16, 2022 11:12 am | Behavioral Health Care | 0 comments
Greenbrook TMS Inc., a leading provider of Transcranial Magnetic Stimulation (TMS) therapy in the United States, announced that its wholly-owned subsidiary, TMS NeuroHealth Centers Inc., will acquire all the issued and outstanding equity interests in Success TMS from its parent company, Success Behavioral Holdings LLC. TMS therapy provides local... Read More »
Clearview-backed MBI Acquires Two Leading Occupational Healthcare Providers

by Avery Swett | May 16, 2022 8:24 am | Physician Medical Groups, Private Equity | 0 comments
On May 11, Clearview Capital Fund IV, L.P. and its affiliates announced the acquisitions of two Colorado-based occupational healthcare providers, WorkWell Occupational Medicine, LLC and HealthQuest Medical Inc. & Conspire!, by MBI Industrial Medicine, Inc. According to the LevinPro HC database, the acquisitions of WorkWell and HealthQuest... Read More »
Pfizer Acquires Biohaven for $11.6 Billion in Its Biggest Deal Since 2016

by Avery Swett | May 12, 2022 10:03 am | Biotechnology | 0 comments
On May 10, Pfizer Inc. and Biohaven Pharmaceutical Holding Company Ltd. announced that they have entered into a definitive agreement under which Pfizer will acquire all outstanding shares of Biohaven not already owned by Pfizer for $148.50 per share in cash, or approximately $11.6 billion. Pfizer had previously taken a 2.6% stake in Biohaven in... Read More »

The Transcript: Q2 Highlights From Healthcare CEOs

by Dylan Sammut | Sep 14, 2021 11:45 am | Healthcare Market Updates | 0 comments

What better way to get an understanding of the healthcare market than through the CEOs of the top companies themselves? Leaders across different segments, including hospitals, telehealth, managed care, home health and more, reported strong growth and activity and have a confident outlook for the rest of the year. Health System Rebound “…we are delivering a much stronger growth trajectory on the hospital side in terms of admissions, outpatient visits, ER volumes, and surgeries. In particular, the higher acuity work that we have been focused on with general surgery, cardiovascular, ortho, neuro, etc., have been steadily progressing in key markets across the country.” – Tenet Healthcare Corp.... Read More »

A Conversation With M&A Healthcare Advisors, a Newly Launched Boutique Advisory Firm Focused on Healthcare M&A

by Dylan Sammut | Sep 14, 2021 8:17 am | Healthcare Market Updates | 0 comments

The healthcare editorial team at Irving Levin Associates sat down with industry veterans Mike Moran and Andre Ulloa to discuss the launch of their new advisory firm, M&A Healthcare Advisors (MAHA), and the state of the healthcare M&A market. MAHA aims to transform the M&A experience for lower-middle market healthcare business owners by providing highly accessible, transparent and experience-driven seller-representation services throughout the entire sale process. What motivated you to launch the new firm?Andre: We saw a huge void when it came to lower-middle market seller representation in the healthcare industry. These smaller healthcare agencies are often... Read More »

Definitive Healthcare Launches Into the Public Sphere

by Dylan Sammut | Sep 14, 2021 8:17 am | Healthcare Market Updates | 0 comments

Definitive Healthcare, the leading provider of healthcare intelligence for go-to-market sales strategies, announced the terms for its IPO last week, with plans to list on the Nasdaq under the symbol DH. The Framingham, MA-based company plans to raise $350 million by offering 15.6 million shares at a price range of between $21 to $24. New investors BlackRock and Capital World plan to purchase $80 million worth of shares, or 23% of the deal, in the offering. At a midpoint of the proposed range, Definitive Healthcare would command a market value of $3.3 billion. Founded in 2011, Definitive Healthcare provides healthcare commercial intelligence to its over 2,600 customers (as of June 30,... Read More »

Health Care M&A Deals, September 3, 2021

by Dylan Sammut | Sep 7, 2021 9:28 am | Healthcare Market Updates | 0 comments

The Health Care M&A deals chart is a selection of transactions announced during the prior week(s). The M&A transactions presented here are from our new LevinPro Healthcare and LTC platform, which is updated daily to provide our subscribers with the most up-to-date information and trends in the healthcare industry. To subscribe to our Health Care M&A deals chart and more, visit our membership site. LevinPro is devoted to healthcare merger and acquisition data for the serious analyst and investor. Every day, this service alerts you to developments in all the key segments of the health care service and technology markets. Biotechnology AcquirerTargetPriceVectivBio... Read More »