Aya Healthcare Acquires U.K.-Based ID Medical

Aya Healthcare Acquires U.K.-Based ID Medical

Aya Healthcare announced on January 16 the acquisition of ID Medical, a leading workforce solutions provider in the United Kingdom.  Since 2002, ID Medical has been providing the National Health Service (NHS) and other healthcare organizations with workforce solutions, including workforce management, international recruitment and temporary healthcare staffing.  Aya Healthcare is the largest healthcare talent software and staffing company in the United States. The company delivers every component of healthcare-focused labor services, including travel nursing and allied health, per diem, permanent staff hiring, interim leadership, locum tenens and non-clinical professionals. ... Read More »
Epic Staffing Group Announces First Acquisitions of the Year 

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 »
PE-Backed Acacium Group Acquires SUMO Medical Staffing

PE-Backed Acacium Group Acquires SUMO Medical Staffing

Acacium Group, backed by private equity firm Onex Corp., announced on September 8 that it acquired Sumo Medical Staffing for an undisclosed price.  Headquartered in Draper, Utah, SUMO Medical Staffing is a locum tenens agency dedicated to placing qualified physicians and advanced practice providers in temporary and permanent positions across the United States. The company places medical professionals in specialties including psychiatry, internal medicine, hospitalist, family medicine, ER/urgent care and pediatrics.  Acacium Group is one of the United Kingdom’s largest healthcare workforce solutions and services partner dedicated to offering staffing, managed services and... Read More »
Worsening Healthcare Workforce Shortage May Deepen

Worsening Healthcare Workforce Shortage May Deepen

The severe shortage of healthcare professionals has been attributed to numerous factors. Job burnout, retirements and the impact of the COVID-19 pandemic are all well-known factors contributing to the crisis that is only expected to get worse. However, one factor has gotten virtually no attention: the certifications, qualifications and education needed for healthcare careers are not available for many due to a lack of instructors. Consider the situation at nursing schools. An American Association of Colleges of Nursing report revealed U.S. nursing schools turned away 91,938 qualified applicants for undergraduate and graduate nursing programs in 2021, primarily due to a lack of... Read More »
Healthcare Subsectors Drive Double-Digit M&A Decline in 2023

Healthcare Subsectors Drive Double-Digit M&A Decline in 2023

There is no shortage of subsectors contributing to the overall double-digit percentage decline in healthcare M&A activity in 2023. According to the LevinPro HC database, there have been 1,299 healthcare M&A deals this year through July 31. This represents an 12% drop compared with the 1,481 transactions recorded during the same period in 2022. The 2023 total represents a 5% increase from the 1,240 deals posted in 2021 through July 31. Some of the subsectors that have contributed to the M&A activity decline this year include Contract Development Manufacturing Organizations (CDMO), healthcare staffing firms, infusion services companies, primary & value-based care... Read More »
Aya Healthcare Acquires U.K.-Based ID Medical

Travel Nurse Across America Acquires Stogo

Travel Nurse Across America (TNAA) announced on August 24 the acquisition of Stogo, a health system shift and float pool management platform based in San Antonio, Texas. According to data captured from the LevinPro HC database, this acquisition represents the 21st healthcare staffing transaction of 2023. The mobile app-based Stogo platform enables healthcare providers to fill critical staffing gaps with their internal employees or with local, Stogo-employed clinicians in their community. According to the original press release, clinicians will fill more than 100,000 shifts this year through Stogo’s mobile staffing marketplace. TNAA is a staffing agency that places travel nurse... Read More »