• Provident Healthcare Partners Advises Potomac Urology Center 

    by | Feb 27, 2025 3:24 pm | Physician Medical Groups

    On February 27, Provident Healthcare Partners, LLC announced that it advised Potomac Urology Center on its acquisition by an undisclosed buyer. The financial terms of the deal were not disclosed.  Potomac Urology Center is a urology practice with five locations in the Washington, D.C. MSA. According to its website, there are 11 physicians on... Read More »

  • NPPN and PhlebX Create Dash Health Through Merger

    by | Feb 27, 2025 11:59 am | Laboratories, MRI & Dialysis

    The National Phlebotomy Provider Network (NPPN) and PhlebX have announced plans to merge and form Dash Health, an advanced and comprehensive mobile diagnostic services platform. PhlebX provides at-home and on-site mobile phlebotomy services. Its fully digital technology platform and mobile phlebotomists empower clinical laboratories, physician... Read More »

  • Lohmann & Rauscher Acquires German Telemedicine Company OnlineDoctor

    by | Feb 27, 2025 11:54 am | eHealth

    Lohmann & Rauscher (L&R) announced on February 26 that it has acquired telemedicine company OnlineDoctor AG. This acquisition of a digital health start-up marks the first in L&R’s corporate history. OnlineDoctor is a provider of teledermatology in Switzerland and Germany, offering digital skin diagnoses by medical specialists.... Read More »

  • Montecito Medical Buys Three MOBs in Georgia

    by | Feb 26, 2025 3:42 pm | Other Services

    Montecito Medical Real Estate announced that it has acquired three medical office buildings in Georgia for an undisclosed price. The sale includes three medical outpatient buildings (MOBs) in the Atlanta MSA occupied by Aylo Health. The properties— in Ball Ground, Woodstock and Dawsonville, Georgia respectively—comprise a total of 52,726 square... Read More »

  • EXA Capital Acquires EHR Company PrecisionCare

    by | Feb 26, 2025 3:41 pm | eHealth

    EXA Capital has announced the acquisition of PrecisionCare for an undisclosed price. This acquisition strengthens EXA Capital’s presence in the healthcare technology sector and expands its portfolio into the space of care management solutions. Founded in New York in 1999, PrecisionCare provides a SaaS platform specializing in electronic health... Read More »

Prudential Real Estate Investors Buys 3 AL Properties

by | Jun 1, 2015 6:44 pm | Long-Term Care

Prudential Real Estate Investors (PREI)is a private real estate firm owned by Prudential Insurance, paid $110 million for three assisted living facilities, two of which are in Tennessee: Hendersonville, with 130 units built in 2012 and Franklin, with 126 units built in 2014. The Connecticut community is in Glastonbury with 135 units built in 2014. All three offer assisted living and memory care, and have a combined 341,000 square feet. Hearth Management, which previously owned the properties through a joint venture partnership, has been retained as the managery. Read More »

NorthStar Retires $640 Million to 15 CCRCs

by | Apr 20, 2015 4:03 pm | Long-Term Care

Fountains Senior Living Holdings LLC is selling 15 continuing care retirement communities (CCRCs) in 11 states. NorthStar Healthcare Income, Inc., a public, non-traded REIT, has plunked down $640 million for the portfolio, which consists of six entrance-fee and nine rental CCRCs, total 3,637 units. Watermark Retirement Communities will continue as the day-to-day operator of the CCRCs. The deal is expected to close around June 1, at which time NorthStar will lease the entrance fee properties to affiliates of The Freshwater Group Inc., pursuant to a master net lease. The rental properties will be held under a RIDEA structure, with NorthStar owning 97% and Freshwater owning 3%. Read More »

Another Record Falls in Q1:15

by | Apr 4, 2015 3:19 pm | Behavioral Health Care, Biotechnology, Home Health & Hospice, Hospitals, Laboratories, MRI & Dialysis, Long-Term Care, Managed Care, Medical Devices, Other Services, Pharmaceuticals, Physician Medical Groups, Rehabilitation

Now that the month is officially over, we can report our preliminary Q1:15 results—and it was another record breaker, at least for transactions. The 346 deals logged so far are 109% higher than the first quarter of 2014. You would think that the $104.7 billion in combined spending would set another record, but no. In Q1:09, we tracked $127.2 billion spent on 202 deals. That’s when Pfizer (NYSE: PFE) bought Wyeth for $68 billion.  Here’s the preliminary breakdown of Q1:15 — and remember, the spending is only for deals that disclosed prices. Read More »