Healthpeak Properties and Physicians Realty Trust Announce $21 Billion Merger

Healthpeak Properties and Physicians Realty Trust Announce $21 Billion Merger

Healthpeak Properties and Physicians Realty Trust announced on October 30 that they have entered into a definitive agreement to combine in an all-stock merger of equals valued at approximately $21 billion.  According to data captured in the LevinPro HC database, this transaction marks the second largest healthcare transaction of 2023 by purchase price, behind Pfizer’s $43 billion acquisition of Seagen Inc. announced in March.  Physicians Realty Trust is a self-managed healthcare real estate company organized to acquire, develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. According to its 2022 financial... Read More »
Beckley Waves Acquires Nue Life

Beckley Waves Acquires Nue Life

Beckley Waves has announced the strategic acquisition of Nue Life, a leading ketamine-assisted therapy provider. Beckley Waves plans to continue Nue Life’s work to provide scalable access to ketamine-assisted therapy, with an emphasis on underserved areas.  Nue Life is a U.S.-based telemedicine startup that combines psychedelic-assisted therapies and a health-tracking app. Nue Life has provided at-home ketamine therapy to more than 10,000 patients across 23 U.S. states since 2021.  Beckley Waves, a U.K.-based venture studio co-founded by Amanda Feilding, builds and supports the companies and infrastructure needed for the delivery of new psychedelic medicines.  As part of the... Read More »
Northwest Georgia Medical Clinic Merges with Atrium Health Floyd

Northwest Georgia Medical Clinic Merges with Atrium Health Floyd

Atrium Health Floyd announced on October 23 its merger with Northwest Georgia Medical Clinic.  Founded in 1976, Northwest Georgia Medical Clinic offers obstetrical, gynecological and family medicine services from one location in Rome, Georgia. According to its website, the practice has 14 providers on staff.  Part of Advocate Health Care, which is the third-largest nonprofit health system in the United States, Atrium Health Floyd is a leading medical provider in northwest Georgia and northeast Alabama. Atrium Health Floyd employs more than 3,500 people who provide care across more than 40 medical specialties at three hospitals: Atrium Health Floyd Medical Center, Atrium Health... Read More »
MITRO Biotech Merges With XINGIMAGING 

MITRO Biotech Merges With XINGIMAGING 

MITRO Biotech Co., Ltd and XingImaging, LLC announced a definitive agreement to merge. According to data captured in the LevinPro HC database, this transaction marks the 34th contract research organization (CRO) transaction of the year.   XingImaging is a clinical PET imaging service and CRO that specializes in radiotracer production through positron emission tomography acquisition to evaluate. The CRO supports the development of treatments for neurodegenerative disorders such as Alzheimer and Parkinson disease, oncology and other disease pathologies. It has a location in Madison, Connecticut.  MITRO Biotech is a molecular imaging CRO company based in Nanjing, China. The... Read More »
Montecito Medical Acquires Women’s Health MOB in Woodbury, Minnesota

Montecito Medical Acquires Women’s Health MOB in Woodbury, Minnesota

Montecito Medical announced on October 23 the acquisition of a 32,711-square-foot medical office building (MOB) in Woodbury, Minnesota.  The building is home to Minnesota Women’s Care, a leading specialty group serving patients throughout the Twin Cities area and western Wisconsin. The women’s health group maintains four office locations across its service area.  Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions across the United States involving more than $5.1 billion in medical real estate.  Through this MOB acquisition, Montecito expands its presence in Minnesota and the Upper... Read More »
Concentra Acquires Three Occupational Health Centers 

Concentra Acquires Three Occupational Health Centers 

Concentra Inc. announces that it acquired three occupational health centers from Pivot Occupational Health. According to data captured in the LevinPro HC database, this transaction is the 17th occupational health acquisition announced in 2023.   The three centers are based in Delaware and Maryland. In addition to occupational health services, the centers provide in-house physical therapy services.  Concentra, a division of Select Medical, is a premier provider of occupational health services focused on improving the health of America’s workforce, one patient at a time. The company is headquartered in Addison, Texas and operates more than 540 urgent care centers in 44 states and... Read More »