Dalrada Financial Corporation Healthcare Subsidiary Genefic Acquires IV Services
Dalrada Financial Corporation announced on May 21 that its wholly-owned healthcare subsidiary, Genefic, Inc., has acquired IV Services, LLC for an undisclosed price. IV Services is a pharmaceutical business and infusion management leader with full pharmacy licenses in Louisiana and Mississippi. Genefic delivers modern systems and specialty pharmacy solutions for better care and a better patient experience. Genefic’s pharmacy solution, Genefic Specialty Pharmacy, offers more than 30 years of dedicated expertise in providing patient advocacy through end-to-end prescription services, medical education and patient advocacy and support. The acquisition of IV Services expands Genefic’s existing... Read More »
A Conversation With Cushman & Wakefield
The editorial team at LevinPro HC attended BOMA International’s Medical Real Estate Conference last week and sat down with Lorie Damon, who leads the healthcare advisory practice at Cushman & Wakefield. Below is the Q&A of the conversation covering the medical real estate market. Q: Can you provide a short background of you and the healthcare team at Cushman & Wakefield? A: I lead the healthcare advisory practice at Cushman & Wakefield, comprised of more than 300 experts across our various service lines and real estate disciplines, including brokerage, capital markets, property management, project management and valuations. Q: How would you rate/summarize the medical real... Read More »
Montecito Acquires Northern Utah Orthopedic Medical Office Portfolio
Montecito Medical Real Estate, a leading acquirer of medical office properties nationwide, announced on May 16 its acquisition of a three-building portfolio in Northern Utah. The medical outpatient buildings (MOBs), which encompass a combined total of 48,527 square feet, are anchored and 100% occupied by Alpine Orthopaedic Specialists, a dominant specialty provider with 11 physicians and four locations across a service area that extends into Southern Idaho. The properties are situated in Logan, North Logan and Brigham City, Utah, respectively. The property in Logan includes an ambulatory surgery center. Montecito Medical specializes in healthcare-related real estate acquisitions and... Read More »
PromptCare Acquires Coastal Infusion Services
On April 6, PromptCare, a portfolio company of The Halifax Group, announced that it was expanding its infusion services with the acquisition of Coastal Infusion Services. According to data captured in the LevinPro HC database, this acquisition marks the third infusion services transaction of 2024. Coastal Infusion Services provides at-home and alternate-site infusion services throughout the southern United States. It also cares for patients at six ambulatory infusion suites. It was founded in 2017 and is based in Baton Rouge, Louisiana. PromptCare provides specialty respiratory products and infusion therapy services. Established in 1985 and headquartered in New... Read More »
Are We Past the Healthcare Retail Peak?
The Pull-Back Strategy of Village MD The March 2024 announcement from Walgreens Boots Alliance to scale back nearly half of its VillageMD clinics has sent shockwaves through the retail healthcare field. This pull-back, coupled with similar moves by Walmart and hints of caution from other retailers like CVS Health, raises serious questions about the long-term viability of the entire model. When we first covered the retail healthcare space back in late 2022, the message from many industry experts was that retail healthcare was here to stay. But now, with the recent news of Walgreens planning to close 160 VillageMD clinics across several states, we can’t help but to wonder – has retail... Read More »Schedule a demo
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