• Universal Health Services Buys Talkspace for $835 Million

    Universal Health Services (UHS) has entered into a definitive agreement to acquire Talkspace, Inc. for $5.25 per share. The enterprise value for the transaction is approximately $835 million, which UHS intends to finance with borrowings pursuant to its existing revolving credit facility. Talkspace is a telebehavioral healthcare company. Its... Read More »
  • Agilent to Acquire Biocare Medical

    Agilent Technologies announced that it has entered into a definitive agreement to acquire Biocare Medical from an investor group led by Excellere Partners and GHO Capital Partners LLP. The all-cash transaction is valued at $950 million. Biocare Medical is a leading provider of immunohistochemistry (IHC) instrumentation, as well as a full range of... Read More »
  • Integration Health Buys Perfusion Life

    Integration Health is deepening its perfusion staffing capabilities with the acquisition of Perfusion Life in Raleigh, North Carolina. Perfusion Life is a perfusion staffing network connecting hospitals with credentialed perfusionists across the United States and Canada. Perfusion Life has cultivated a network of more than 1,300 credentialed... Read More »
  • CBRE Advises on Sale of Elk Grove Village Medical Campus

    CBRE has facilitated the sale of the Elk Grove Village Medical Campus, according to a March 4 press release. The property was sold to Casa Avore, a private capital group specializing in healthcare real estate. Elk Grove Village Medical Campus is a 52,126-square-foot campus with four medical outpatient buildings (MOBs) located in Elk Grove... Read More »
  • Health Recovery Solutions Acquires Remote Patient Monitoring Company Rimidi

    Health Recovery Solutions (HRS) announced on March 4 its acquisition of Atlanta, Georgia-based Rimidi. Rimidi is a chronic disease management and remote monitoring company with deep roots in diabetes and cardiometabolic management. The company supports healthcare providers with electronic health record-integrated software, services and connected... Read More »
Smartlinx Acquires Software Provider StafferLink

Smartlinx Acquires Software Provider StafferLink

SmartLinx, announced on April 28 that it has acquired StafferLink, a provider of contingent staffing management software for the healthcare industry. The acquisition was backed by Los Angeles, California-based private equity firm Lone View Capital and follows its investment in Smartlinx in 2023. StafferLink provides a purpose-built SaaS platform for healthcare facilities, staffing agencies and managed service providers to source, manage and pay their contingent workforce. These solutions streamline end-to-end staffing operations, covering recruiting, credentialing, scheduling, time capture, payroll and billing. In aggregate, StafferLink fills more than 2 million shifts and manage more than... Read More »
Elite365 Acquires Texas-based Dental Staffing Provider

Elite365 Acquires Texas-based Dental Staffing Provider

Elite365, backed by private equity Regal Healthcare Capital Partners, has announced its acquisition of Proxi Dental Staffing, a Plano, Texas-based provider of dental staffing services. Launched in 2022, Proxi staffs dentists, dental assistants, dental hygienists, pediatric dentists, oral surgeons, endodontists and orthodontists nationwide for locum tenens, locum to perm and permanent placement. According to the March 21 deal press release, Proxi counts about $6 million in annual revenue, and its nine internal employees make about 350 locums and perm placements annually. Elite365 is a healthcare staffing firm with offices in Irving, Texas, and Tampa, Florida. It currently has more than... Read More »
TrueBlue Enters Healthcare Staffing Space With Healthcare Staffing Professionals Deal

TrueBlue Enters Healthcare Staffing Space With Healthcare Staffing Professionals Deal

TrueBlue, the fifth-largest industrial staffing firm in the United States, announced that it is entering the healthcare staffing market with the acquisition of Healthcare Staffing Professionals (HSP). The deal closed on January 31, 2025. HSP is based in Reseda, California, with operations across the United States. Its staffing lines include travel nurse, allied healthcare and behavioral health. HSP focuses on state and local government entities such as public health departments, correctional institutions and education systems. TrueBlue is a staffing, recruiting and workforce management company that services industries such as construction, energy, manufacturing and financial. In 2023,... Read More »
Smartlinx Acquires Software Provider StafferLink

Ro Health Receives Strategic Growth Investment from LightBay Capital

Ro Health LLC announced on January 22 that it has partnered with and received a growth investment from Los Angeles-based LightBay Capital. The partnership will enable Ro Health to accelerate its geographic and service line expansion, pursue strategic acquisitions and partnerships and invest further in technology. Ro Health is a nationwide healthcare staffing and home health company based in Seattle, Washington. Ro Health supports K-12 school districts, delivering essential nursing and behavioral health services to students. LightBay Capital is a growth-focused private equity firm primarily focused on the healthcare, consumer and business services industries. LightBay invests across the... Read More »
TrueBlue Enters Healthcare Staffing Space With Healthcare Staffing Professionals Deal

Aya Healthcare Acquires Cross Country Healthcare for $615 Million

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 »
Smartlinx Acquires Software Provider StafferLink

Health Advocates Augments Radiology Staffing Offerings With DiagnosTemps Acquisition

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 »