ShiftMed Acquires Healthcare Staffing Company CareerStaff Unlimited
ShiftMed announced on April 22 its acquisition of CareerStaff Unlimited from Genesis HealthCare, a national post-acute care provider. CareerStaff is a leader in the delivery of workforce solutions and staffing services for the healthcare industry, with a national network of offices throughout the United States. CareerStaff’s services include local, travel and per diem employment opportunities for nurses, therapists and pharmacists. Additionally, CareerStaff provides managed service programs to hundreds of healthcare facilities nationally. ShiftMed’s workforce management platform empowers healthcare facilities across all segments – acute care hospitals, post-acute care centers... Read More »
Alcanza Expands Reach into Puerto Rico with Acquisition of FDI Clinical Research
Alcanza Clinical Research announced on April 23 the acquisition of FDI Clinical Research, a multi-specialty research organization based in San Juan, Puerto Rico, with an additional site in the west coast city of Mayagüez. Financial terms of the deal were not disclosed. FDI Clinical Research is a state-of-the-art research facility and medical care clinic providing Phase I-IV clinical trials in support of biopharmaceutical sponsors and contract research organizations. The company specializes in a range of therapeutic areas including infectious diseases; hematology and oncology, endocrine and metabolic diseases; rheumatology and immune diseases as well as respiratory diseases. Alcanza... Read More »
WELL Health Expands Canadian Clinic Network with Shoppers Drug Mart’s Health Clinics
WELL Health Clinic Network Inc., a subsidiary of WELL Health Technologies Corp., announced that it has entered into an agreement with Shoppers Drug Mart Inc. to acquire all of the primary care medical clinics operated by Shoppers under the name The Health Clinic by Shoppers™. Post-close, WELL will rebrand these clinics under the WELL Clinic brand. The Health Clinic by Shoppers™ comprises 10 clinics across Canada (four in British Columbia and six in Ontario), with more than 35 physicians on staff. WELL expects the assets to contribute approximately $8 million in annual revenue, according to the original deal press release published on PR Newswire on April 16, 2024. WELL Health Clinic... Read More »
Insider’s Insight: Analyzing MOB Market Trends with Mindy Berman of JLL Capital Markets
Despite a recent uptick in M&A activity in Q1:24, the medical office building (MOB) market remains in flux. To understand the underlying dynamics, we spoke with industry expert Mindy Berman, Senior Managing Director in the Healthcare Capital Markets Group at JLL, a leading global commercial real estate and investment management company. JLL is the top capital markets intermediary in both the United States and globally, as well as the leading MOB broker in the United States. Between 2017 and 2022, JLL advised on 35% of all medical office sales, amounting to more than $7 billion in disclosed prices. The company has remained active since then, with 26 transactions announced during 2023,... Read More »
PE-Backed ExperCARE Purchases MedCenter Urgent Care
ExperCARE, a partner company of private equity firm Seven Hills Capital, announced that it has purchased MedCenter Urgent Care. MedCenter Urgent Care is a premier urgent care and family medicine provider headquartered in North Port, Alabama, with additional locations throughout greater Tuscaloosa. ExperCARE is a Savannah, Georgia-based provider of urgent care and occupational health services. The partnership marks a significant expansion for ExperCARE, extending its geographic reach and reinforcing its dedication to high-quality, patient-centered care across West and Central Alabama. Financial terms of the deal were not disclosed. According to data captured in the LevinPro HC... Read More »Schedule a demo
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