Principle Health Systems Acquires BioStat Laboratory in Dallas
Principle Health Systems announced on November 20 the strategic acquisition of BioStat Laboratory for an undisclosed price. Founded in 2017, BioStat Laboratory provides comprehensive laboratory testing and mobile imaging in the Dallas MSA. Principle Health Systems is a healthcare service firm that offers medical diagnostics, pharmacy and laboratory testing services. The company specializes in mobile laboratory services for long-term care and home health patients, Principle Health Systems currently covers six major markets in Texas. James Dieter, CEO of Principle Health Systems, expressed enthusiasm about the acquisition, stating, “We are thrilled to welcome BioStat... Read More »
Fairfax Radiology Centers Acquires Association of Alexandria Radiologists
Fairfax Radiology Centers, LLC announced on November 16 that it is expanding its imaging services with the addition of Association of Alexandria Radiologists to its portfolio. Association of Alexandria Radiologists is an imaging practice with locations in Alexandria and Woodbridge, Virginia. According to its website, the practice has 29 radiologists on staff. Fairfax Radiology Centers is a provider of radiology services that serves the Washington, D.C. MSA. It was established in 1965 and is one of the largest private radiology providers in the area. According to its website, it has more than 90 physicians on staff and operates out of 19 locations. Following the... Read More »
Epic Staffing Group Announces First Acquisitions of the Year
Epic Staffing Group, a portfolio company of The Pritzker Organization, L.L.C., announced on November 2 that it acquired two companies. SBG Healthcare is a physician staffing firm focused on the placement of advanced practitioners and physicians in operating rooms and surgical suites. It is based in Hollywood, Florida and was established in 2013. According to data captured in the LevinPro HC database, this transaction represents the 28th healthcare staffing acquisition of the year. Chicago Telerad is a provider of diagnostic imaging and teleradiology services for hospitals and radiology groups. Founded in 2017, it is based in South Barrington, Illinois. According to data in... Read More »
Danaher Disappoints with Q3:23 Sales and Profit Decline
Danaher Corp. (NYSE: DHR), a well-known player in the medical device market, recently unveiled its third-quarter financial results on October 24. With a global presence, Danaher specializes in the design, manufacture and distribution of professional, medical, industrial and commercial products and services. The latest earnings report painted a somber picture for Danaher, as the company grappled with a decline in both sales and profits compared to the previous year. This underwhelming performance came as the pharma and biotech sectors experienced a broader loss of momentum in critical markets. “Pharma and biotech took a modest step down, and that was particularly the case in the U.S. In... Read More »
Atlantic Street Capital Announces Acquisition of Brown’s Medical Imaging
Atlantic Street Capital (ASC) has announced the acquisition of Omaha, Nebraska-based Brown’s Medical Imaging. Founded in 1995, Brown’s Medical Imaging is a medical imaging solutions company providing equipment, service, maintenance, services and support to hospitals, physician practices and ambulatory service centers across the Midwest. Key products include a broad suite of medical imaging equipment including X-ray machines, mammography systems, CT scanners, ultrasound machines, MRI systems and surgical C-arm systems. Customer practice specialties include orthopedics, radiology, pulmonology, veterinary, chiropractic, urology, podiatry and urgent care centers. ASC is... Read More »Schedule a demo
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