Transitioning to Value-Based Care: Financial Implications for Providers and Policymakers
Berkeley Research Group, LLC (BRG), a global consulting firm, released a report that details the costs of value-based care (VBC). The report, called “Transitioning to Value-Based Care: Financial Implications for Providers and Policymakers,” was released November 15, 2023 and was prepared by Managing Director John Barkett. The idea behind VBC is straightforward: “hold providers accountable for the total cost and quality of their patients’ care, and providers will redesign their practices in ways that eliminate waste and improve the health of their patients.” While the idea is fairly simple, there are, of course, snags and financial aspects to consider. In the report,... Read More »
HCA Houston Healthcare Acquires 11 SignatureCare Emergency Centers
HCA Houston Healthcare announced that it acquired 11 emergency centers from SignatureCare Emergency Centers for an undisclosed price. SignatureCare Emergency Centers, is a network of emergency care centers across Texas. The emergency care centers are located in Atascocita, Bellaire, Copperfield, Cypress, Memorial City, Mission Bend, Montrose, Spring, Stafford, Heights and Westchase, Texas. The centers are open 24/7 and provide care for the full continuum of emergency care. HCA Houston Healthcare is part of HCA Healthcare’s Gulf Coast Division, a comprehensive network of hospitals, outpatient surgery centers, emergency centers and diagnostic imaging facilities in... Read More »
Private Equity Interest in Pain Management ‘Starting to Heat Up’
More than 20% of American adults suffer from chronic pain, and research from the National Institutes of Health shows that only about 1 in 10 people experience a full recovery within a year. Numbers like these indicate a strong need for improved pain management services – and after years of wariness, many in the private equity community are now showing interest. “It’s a smaller niche market that was, to some extent, overlooked by private equity given its perceived risk in the context of the opioid crisis,” says Eric Major, a Managing Director at Provident Healthcare Partners. But now, he says interest is “starting to heat up.” One possible reason is a growing emphasis on... Read More »
Medray Acquires Avista Medical
Medray, based in Dublin, Ireland, announced its acquisition of Avista Medical. According to data captured in the LevinPro HC database, this transaction represents the 34th healthcare product distributor transaction of 2023. Founded in 2004, Avista supplies medical imaging equipment and support services to radiology departments in hospitals. It is a support specialist for Canon Medical Systems, the global manufacturer of CT, MRI, X-Ray and Ultrasound diagnostic imaging equipment in Ireland. Medray supplies healthcare equipment to radiology, dental, veterinary and associated sectors across Ireland and the United Kingdom. The company was founded in 1979 and was bought by private... Read More »
