• Top Five Private Equity Transactions of 2024 

    by | Dec 30, 2024 11:39 am | Private Equity

    Private equity (PE) groups have experienced a decline in deal activity throughout 2024. There have been 664 deals completed by a PE (PE) firm and/or a portfolio company. This accounts for nearly 34% of the 1,943 healthcare transactions announced since January 1, 2024. This is a decrease from 2023 when PE transactions accounted for more than 35%... Read More »

  • Top 5 PMG Deals of 2024 

    by | Dec 27, 2024 3:04 pm | Physician Medical Groups

    The Physician Medical Group (PMG) market experienced a decline in deal activity, totaling 455 transactions, compared to the 537 in 2023, and the 622 in 2022. The transactions varied in size and buyer time, with many of them small or independent practices getting purchased by large private equity groups. Dental was the most active specialty... Read More »

  • Top 5 U.S. Hospital Deals of 2024

    by | Dec 24, 2024 9:03 am | Hospitals

    Hospital M&A activity has remained stable in the past few years, and based on preliminary results for 2024, it seems like the market kept the same pace. With only a couple of days before Christmas, there have been 67 Hospital deals announced, a marginal difference from the 75 announced in 2023 and 68 in 2022. Much of the activity has been... Read More »

  • Colliers’ U.S. Healthcare Capital Markets Advises on Athens, GA Transaction

    by | Dec 23, 2024 11:39 am | Medical Office Buildings

    Colliers’ U.S. Healthcare Capital Markets team announced that it advised on a medical outpatient building (MOB) acquisition by an undisclosed buyer.  The property is a 36,678-square-foot MOB located in Athens, Georgia. The four-story facility is master-leased by Piedmont Healthcare on a long-term triple-net lease. The recently... Read More »

  • Together Women’s Health Acquires Advanced Gynecology

    by | Dec 23, 2024 11:31 am | Physician Medical Groups

    On December 17, Together Women’s Health (TWH) announced that it acquired Advanced Gynecology, a Georgia-based urogynecology practice.  Advanced Gynecology operates three locations in Georgia: Watkinsville, Atlanta and Roswell. According to its website, the practice has four providers, one physician assistant and two family nurse... Read More »
Aya Healthcare Acquires Cross Country Healthcare for $615 Million

Aya Healthcare Acquires Cross Country Healthcare for $615 Million

by | Dec 5, 2024 8:19 am | Healthcare Staffing

Aya Healthcare and Cross Country Healthcare announced on December 4 that they have entered into a definitive agreement whereby Aya will acquire Cross Country. Cross Country Healthcare is being acquired for $18.61 per share in cash in a transaction valued at approximately $615 million. Cross Country Healthcare provides healthcare staffing and workforce solutions in the United States. The Boca Raton, Florida-based company assists more than 3,000 healthcare facilities in the United States and Caribbean. According to its most recent annual report, Cross Country had revenues of more than $2 billion during full year 2023, and EBITDA of $129.3 million. Aya Healthcare, Inc. is one of the largest... Read More »
Health Advocates Augments Radiology Staffing Offerings With DiagnosTemps Acquisition

Health Advocates Augments Radiology Staffing Offerings With DiagnosTemps Acquisition

by | Nov 25, 2024 12:49 pm | Healthcare Staffing

On November 25, 2024, Health Advocates Network, Inc. announced the acquisition of DiagnosTemps, a radiology staffing agency specializing in the placement of radiology professionals to healthcare facilities across the United States. DiagnosTemps was established in 1993 and headquartered in Dallas, Texas. Health Advocates Network specializes in healthcare staffing solutions, providing a range of services within the healthcare sector. The company was founded in 2020 and is based in Boca Raton, Florida. DiagnosTemps will continue to operate as a separate unit under the DiagnosTemps Joint Commission certified brand. Financial terms of the deal were not disclosed. The DiagnosTemps transaction... Read More »
LiquidAgents Healthcare Buys Certain Assets of Republic Health Resources  

LiquidAgents Healthcare Buys Certain Assets of Republic Health Resources  

by | Nov 22, 2024 12:21 pm | Healthcare Staffing

Plano, Texas-based LiquidAgents Healthcare has announced the acquisition of all travel nursing assets from Irving, Texas-based Republic Health Resources, which specializes in connecting healthcare professionals with opportunities across the United States. The terms of the deal were not disclosed.  Republic Health Resources will remain a standalone brand, operating independently. As part of a strategic shift, Republic is exiting the travel nursing and allied business.  LiquidAgents Healthcare is a healthcare staffing agency with more than two decades of experience in placing qualified nursing and allied professionals in travel, staff and local positions, among others. LiquidAgents... Read More »
Aya Healthcare Acquires Cross Country Healthcare for $615 Million

Healthcare Staffing M&A Slows in 2024 Amid Market Headwinds

by | Oct 22, 2024 9:13 am | Healthcare Staffing

The Healthcare Staffing M&A market has seen a noticeable decline in deal activity over the past few years. As of October 18, 2024, there have been 16 Healthcare Staffing deals announced year to date, which represents a 33% decrease compared to the same period in 2023 when 24 deals were announced. This downward trend is consistent with the broader decline observed over the past few years, with 29 deals in FY 2023, 35 in FY 2022 and 37 in FY 2021. One notable aspect of the current year’s deals is the absence of disclosed purchase prices. Previous years have all had at least one purchase price disclosed. This might reflect the types of investors involved, such as privately-held... Read More »