Clarest Health Acquires Remedi SeniorCare
Clarest Health, a leading personalized medication management provider, announced that it has acquired Remedi SeniorCare, giving Clarest the size and scale to lead the post-acute care market. The U.S. market for pharmacy care for the post-acute patient population is $5.7 billion, and the U.S. Rx fill market for medically complex patients is $115 billion, according to interviews, research and analysis from L.E.K. Financial terms of the deal were not disclosed. Headquartered in Towson, Maryland, Remedi SeniorCare is a long-term and post-acute care pharmacy services provider. Renowned for its long-term care pharmacy services and proprietary medication management system PAXIT® and its... Read More »
Orbvest Acquires West Palm Beach MOB
Colliers International announced that it brokered the sale of a medical office building (MOB) in West Palm Beach, Florida for $8.3 million. Colliers International represented Triple Double Real Estate, the seller. The building is situated within walking distance of the HCA Florida JFK North Hospital. According to county records, the building is 43,797 square feet. The price is approximately $190 per-square-foot. OrbVest is a global real estate company that invests in medical commercial real estate in the United States. OrbVest has a portfolio of more than 1.4 million square feet representing approximately $400 million of specialized medical real estate under management. ... Read More »
Sterling Check Acquires Vault Workforce Screening
Sterling Check Corp. announced that it was entering an agreement to acquire Vault Workforce Screening for an undisclosed price. Vault Workforce Screening is a leading U.S. clinic management platform with a network of 17,000 clinics. Vault Workforce Screening provides background screening, drug testing and occupational healthcare solutions. Vault’s proprietary service model includes Medical Review Officer services and emergency/after-hours scheduling. Sterling Check is a leading provider of background and identity services, offering background and identity verification to help more than 50,000 clients. The company has a robust offering of occupational health screening services.... Read More »
Big Sky Medical Acquires First MOB in Phoenix Market
Big Sky Medical has entered the Phoenix, Arizona market with the purchase of the 252,000-square-foot Blackhawk Medical Center. ViaWest Group sold the three-building medical and office campus for $46 million, according to Maricopa County records. Blackhawk Medical Center previously changed hands in 2018, when ViaWest purchased it from Cohen Asset Management for $33.8 million. Completed between 1997 and 1998, the campus comprises Blackhawk Center I, a 138,450-square-foot, Class B office building, alongside Blackhawk Center II and III, which total 113,810 square feet and include medical office space. Big Sky Medical is a national real estate investment management firm that invests... Read More »
Elevance Health Acquires Infusion Services Provider Paragon Healthcare
Indianapolis-based Elevance Health announced on January 4 that it entered into an agreement to acquire Paragon Healthcare, Inc., headquartered in Plano, Texas. Since its founding in 2002, Paragon Healthcare has provided infusion services to patients through its omnichannel model of ambulatory infusion centers, home infusion pharmacies and other specialty pharmacy services. The company serves more than 35,000 patients at more than 40 ambulatory infusion centers across 8 states as well as patients’ homes. The company helps treat more than 300 health conditions with 24/7 on-call support. Elevance Health, formerly Anthem, Inc., connects consumers, families and communities to the... Read More »Schedule a demo
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