Versant Diagnostics Advances Access to Pathology in the Midwest

Versant Diagnostics Advances Access to Pathology in the Midwest

Versant Diagnostics has announced the acquisition of Associate Pathologists of Joliet, Ltd., expanding its nationwide network of pathology practices and increasing its presence in the Midwest. Led by its president, pathologist James Urban, M.D., Ph.D., Associate Pathologists of Joliet is a multi-specialty pathology practice based in Joliet, Illinois. Founded in 2021 by Ven Aduana, M.D., Jim Billington and Brian Carr, Versant Diagnostics is an independent physician services company focused on anatomic pathology. Versant Diagnostics provides services for hospitals and physician practices. Versant Diagnostics is focused on advancing digital pathology in anatomic pathology labs and specialty... Read More »
Genomenon Acquires The Jackson Laboratory’s Clinical Knowledgebase 

Genomenon Acquires The Jackson Laboratory’s Clinical Knowledgebase 

Genomenon has announced that it entered into an agreement to acquire Clinical Knowledgebase (CKB) from The Jackson Laboratory (JAX).  CKB is the leading curated variant database used for interpreting complex cancer genomic profiles by some of the world’s premier oncology labs.  Founded in 1929, JAX is an NCI-designated cancer center and an independent 501(c)3 nonprofit research organization with a focus on genetics and genomics research.  Genomenon is a genomics intelligence company dedicated to improving the quality of life of genetic disease and cancer patients by making genomic information actionable. Genomenon combines its genomic expertise with its AI-driven... Read More »
Labcorp to Acquire Bankrupt Genetic Test Maker Invitae for $239 Million

Labcorp to Acquire Bankrupt Genetic Test Maker Invitae for $239 Million

Labcorp announced that it will acquire Invitae Corporation’s assets auctioned through a voluntary bankruptcy protection process. This comes just a few months after the genetic test maker filed for bankruptcy. Labcorp will acquire all of the bankrupt firm’s assets on a going concern basis for $239 million in cash consideration and other non-cash consideration. In February 2024, Invitae filed for voluntary Chapter 11 protection in a U.S. bankruptcy court and said that it intended to pursue a sale process. Invitae’s estimated assets were in the $500 million – $1 billion range, while its liabilities were in the $1 billion – $10 billion range, according to the... Read More »
RadNet Acquires Six Imaging Centers in Houston MSA

RadNet Acquires Six Imaging Centers in Houston MSA

RadNet, Inc. announced that it has signed a definitive agreement to purchase the assets of six imaging centers in the greater Houston, Texas MSA. This acquisition, which is anticipated to be completed before the end of the second quarter of 2024, is RadNet’s second announced transaction in the Houston area. Upon closing, the transaction will bring the number of RadNet centers in the Houston MSA to 13. The acquired assets include six imaging centers in the Houston MSA. The centers offer a broad range of imaging services, including MRI, CT, mammography, ultrasound and X-ray, and currently operate under the American Health Imaging brand. RadNet, Inc. is a provider of freestanding, fixed-site... Read More »
Genomenon Acquires The Jackson Laboratory’s Clinical Knowledgebase 

MedLife Acquires Romania-based Personal Genetics

On April 4, MedLife announced its acquisition of a majority stake in Personal Genetics. With this, MedLife becomes the operator with the greatest expertise in the field of genetic sequencing and molecular biology and one of the largest networks of laboratories and collection centers nationwide, the company said in a filing to the Bucharest Stock Exchange. Established in 2011, Personal Genetics is a Bucharest, Romania-based human medical genetics center with national coverage. The company offers advanced genetic diagnostic services for a wide range of conditions, in oncology, onco-hematology, gynecology and rare diseases. Personal Genetics has a network of 18 centers throughout Romania and... Read More »
Intermountain Medical Imaging Purchases Saltzer Health Imaging

Intermountain Medical Imaging Purchases Saltzer Health Imaging

Intermountain Medical Imaging announced on April 1 that it is acquiring Saltzer Health Imaging from Saltzer Health. Saltzer Health Imaging is an imaging center located in the Ten Mile Clinic and near I-84 in Meridian, Idaho. This news comes the same week Saltzer Health announced the sale of three facilities to Boise, Idaho-based Saint Alphonsus Health System after the group was closed March 29 by Salt Lake City-based Intermountain Health. Those facilities included two urgent care centers in South Nampa and Meridian, Idaho, and an ambulatory surgery center in Meridian, Idaho. Intermountain Medical Imaging is a comprehensive outpatient radiology imaging center with three locations in the... Read More »