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HealthyMD and IMG Health Clinic Merge 

HealthyMD and IMG Health Clinic Merge 

by | Jul 22, 2024 2:59 pm | Other Services

HealthyMD and IMG Health Clinic announced on July 19 that the two companies had entered into an agreement to merge.   IMG Health Clinic is a health clinic that primarily provides care for sexual wellness and infectious diseases. It is based in Tamarac, Florida.  HealthyMD is a healthcare company that provides comprehensive, end-to-end sexual healthcare for underserved communities and populations across the United States.  HealthyMD and IMG Health Clinic will leverage their combined expertise and resources to expand geographic reach and combine robust care delivery systems, including dozens of brick-and-mortar and mobile clinics, a robust telehealth network, comprehensive... Read More »
Agilent to Acquire North American CDMO BIOVECTRA

Agilent to Acquire North American CDMO BIOVECTRA

by | Jul 22, 2024 11:56 am | CDMO, Other Services

Agilent Technologies Inc. announced that it has signed a definitive agreement to acquire BIOVECTRA, a specialized contract development and manufacturing organization (CDMO), for $925 million. BIOVECTRA produces biologics, highly potent active pharmaceutical ingredients and other molecules for targeted therapeutics. BIOVECTRA delivered $113 million in revenue during 2023 and expects double-digit revenue growth in 2024, according to a July 22 press release on BusinessWire. Agilent provides bio-analytical solutions and services to the life sciences, diagnostics and genomics, chemical analysis, communications and electronics industries worldwide. Its global headquarters is in Santa Clara,... Read More »
Blue Sea Capital-Backed Apex Physics Partners Acquires RPS Oncology

Blue Sea Capital-Backed Apex Physics Partners Acquires RPS Oncology

by | Jul 19, 2024 3:48 pm | Other Services, Private Equity

Apex Physics Partners (APP), the largest outsourced medical physics services company in North America, announced its acquisition of RPS Oncology. The addition of RPS Oncology expands APP’s national footprint. RPS Oncology is a provider of therapy medical physics and dosimetry consulting services in Minnesota and North Dakota. Over the last year, the company has expanded its footprint into Wisconsin and California. APP is a medical physics business services support organization. Partner physics practices receive an array of support services including client services, information technology and data analytics. APP is backed by Blue Sea Capital, a West Palm Beach-based private equity... Read More »
MedSource Travelers Merges With Onyx Health Care Staffing

MedSource Travelers Merges With Onyx Health Care Staffing

by | Jul 17, 2024 3:37 pm | Healthcare Staffing, Other Services

MedSource Travelers announced on July 16 that it completed a merger with Austin, Texas-based Onyx Health Care Staffing. Both MedSource Travelers and Onyx have a national footprint with a strong geographic presence in both the Southeast and the West Coast. Onyx Health Care Staffing provides travel nurse and allied healthcare staffing, as well as perm placement. The company offers comprehensive recruitment and staffing services across a broad spectrum to meet the needs of healthcare and educational organizations. Founded in 2001, MedSource Travelers is a healthcare staffing firm headquartered in Safety Harbor, Florida. MedSource provides nursing and allied staffing as well as permanent... Read More »
VERTESS Closes Specialty Pharmacy Deal in Mississippi

VERTESS Closes Specialty Pharmacy Deal in Mississippi

by | Jul 16, 2024 12:27 pm | Other Services, Private Equity, Specialty Pharmacies

VERTESS, a Fort Worth, Texas-based healthcare M&A advisory firm, announced on July 16 the successful completion of a specialty pharmacy acquisition in Mississippi. Keystone Specialty Pharmacy was purchased by Novastone Capital Advisors. Keystone Specialty Pharmacy is a specialty pharmacy in Madison, Mississippi. Keystone offers healthcare providers new resources to treat serious infections while maintaining the highest ethical standards in business. Founded in 2019, Novastone Capital Advisors is a private equity firm based in Baar, Switzerland. The transaction was overseen by VERTESS Managing Director, Alan Hymowitz, who previously owned and operated a pharmacy before his tenure at... Read More »
HealthyMD and IMG Health Clinic Merge 

Community Dental Care buys Maplewood, Minnesota Medical Outpatient Building 

by | Jul 16, 2024 10:32 am | Medical Office Buildings

Community Dental Care, a management service organization (MSO), announced on July 11 that it acquired a medical outpatient building (MOB) in Maplewood, Minnesota. The seller was 3M, an industrial manufacturing company.   The MOB is a 32,175-square-foot Class B outpatient building that is directly east of 3M Center. The MOB was sold for $2.475 million. The price is approximately $77 per square foot.  Community Dental Care is an MSO based out of Maplewood, Minnesota. Community Dental Care has 43 dentists in its network, and a staff of more than 270 professionals, serving nearly 50,000 patients every year.  According to data captured in the LevinPro HC database, this... Read More »