Charles River Buys WIL Research
Charles River Laboratories International, Inc. (NYSE CRL) started the year off with the acquisition of WIL Research, which provides safety assessment, contract development and manufacturing (CDMO) services to biopharmaceutical, agricultural and industrial chemical companies worldwide. The purchase price was approximately $585 million in cash. WIL Research will join Celsis International Ltd., acquired in July 2015 for $212 million, in Charles River’s growing global business. Celsis provides rapid bacterial detection systems for quality control testing in the biopharmaceutical and consumer products industries. This acquisition will grow its global presence, especially in Europe. It will also... Read More »UMS increases lithotripsy business
USMD Health Systems has sold US Lithotripsy LP to United Medical Systems, Inc. (UMS), a subsidiary of private investment firm New State Capital Partners. UMS provides turnkey mobile lithotripsy, laser and stereotactic breast biopsy services to patients at 850 healthcare facilities in the U.S., Canada and Latin America. The acquired company, US Lithotripsy, is a provider of lithotripsy services at facilities in Arizona, Arkansas, Colorado, Missouri, Oklahoma and Texas. It performs over 12,000 ESWL (Extracorporeal Shock Wave Lithotripsy) procedures annually. With its acquisition by UMS, US Lithotripsy will add more than 100 hospitals, ambulatory surgical centers and other sites of service in... Read More »Shryver Medical and Revelstoke Capital Double Down in Texas
Schryver Medical LLC, a portfolio company of Revelstoke Capital Partners, announced two acquisitions in Texas in late December. Community Portable X-Ray, Inc., as its name implies, provides mobile x-ray and other imaging services to long-term health care facilities, home care, psychiatric hospitals, industrial sites, dialysis centers and athletic teams. Besides its base in Plano, it also has operations in Fort Worth, Houston and San Antonio. The second acquisition is a combination of MetroStat Clinical Laboratory Inc. and MetroStat Diagnostic Services (collectively, MetroStat). MetroStat provides digital ultrasound and EKG teleradiology equipment that allow its technologists to obtain the... Read More »Aurora Diagnostics Adds More Labs
Independent laboratory company Aurora Diagnostics made its first announced acquisition in 2015, paying an undisclosed amount for Consultants in Laboratory Medicine of Greater Toledo, Inc. The target is a hospital-based practice providing anatomic laboratory medicine professional pathology services to 11 hospitals in Michigan and Ohio. Aurora Diagnostics focuses on anatomic pathology and now has 25 locations in the United States. Last year it acquired four pathology lab companies: West Georgia Pathology, LLC; Arizona Dermatopathology; Hallmark Pathology, PC and Mid-Atlantic Pathology Services, Inc. Obviously it took a while to digest those acquisitions. Read More »Q3:15 Health Care Dollars, vs. Q2:15
Last week we gave you the breakdown on how the third quarter of 2015 compared with the second quarter and the same quarter a year ago. Here’s how the dollars broke out, versus those quarters. SectorQ3:15Q2:15ChangeQ3:14Change Services Behavioral Health Care$550,000$190,700188%$335,00064% Home Health & Hospice$241,854$0n/a$410,000-41% Hospitals$2,069,865 $2,059,9000.5%$969,800113% Labs, MRI & Dialysis$826,600$1,507,650-45%$324,000155% Long-Term Care$4,175,656$4,141,9300.8%$9,686,200-57% Managed Care$98,000,000$147,00066566%$0n/a Physician Medical Groups$1,600,000$500,000220%$0n/a Rehabilitation $4,300$734,800-99%$163,450-97% Other Services$1,396,474$16,211,644-91%$1,026,40036%... Read More »Schedule a demo
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