Concentra Acquires I&O Medical Centers
Concentra Inc. announced on February 26 that it is expanding its presence in Virginia with the acquisition of I&O Medical Centers. I&O Medical Centers is an occupational health service based out of four locations in the Norfolk, Virginia MSA. The company was founded in 1987 Concentra Inc., a division of Select Medical, is a premier provider of occupational health services focused on improving the health of America’s workforce. The company is headquartered in Addison, Texas and operates more than 540 urgent care centers in 44 states and more than 150 onsite medical facilities. Concentra has more than 1,000 affiliated physicians and 1,285 physical therapists. ... Read More »
PCM Trials Acquires EmVenio Research
PCM Trials announced that it acquired EmVenio Research, marking its second acquisition of 2024. Emvenio is a research organization providing scalable and hybrid decentralized trial solutions with a focus on improving access and health equity in clinical research. EmVenio is a community clinical trial provider that incorporates mobile research units to increase reach to underserved communities. EmVenio has 63 mobile sites for studies in more than 20 states across the United States and 10 locations in the United Kingdom. According to EmVenio, its sites are seeing greater than 50% diverse patients across all locations compared with the industry average of less than 20%. The... Read More »
CBRE Arranges Sale of MOB Portfolio in Kentucky
CBRE Group, Inc. announced that it has arranged the sale of a portfolio of six medical office building (MOB) properties in Northern Kentucky to Remedy Medical Properties. CBRE represented the seller, Zalla Companies, in the transaction. Financial terms of the deal were not disclosed. Totaling 145,308 square feet, the properties are located in Florence, Fort Mitchell, Crittenden, Walton, Alexandria and Butler, Kentucky. St. Elizabeth Physicians, a health system based in Erlanger, Kentucky, fully occupies the portfolio. Remedy Medical Properties is a full-service healthcare real estate company and the largest private owner of healthcare properties in the country, with more than... Read More »
Argosy Healthcare Partners Completes Recapitalization of Command Medical Products
Argosy Healthcare Partners (AHP) has announced a recapitalization and partnership with Command Medical Products to support its next stage of growth. This deal was facilitated and managed by MedWorld Advisors, a leading middle-market M&A advisory firm. Financial terms of the deal were not disclosed. Command Medical Products provides contract manufacturing services for the production of single-use disposable medical devices to global medical device original equipment manufacturers and life sciences customers. Headquartered in Ormond Beach, Florida and founded in 1987, the company provides customized clean room manufacturing of single-use medical devices leveraging key technologies,... Read More »