Spire Orthopedic Partners Acquires Practice in New York’s Hudson Valley
Spire Orthopedic Partners has acquired Orthopedic Associates of Dutchess County and The Surgery Center at Orthopedic Associates. Terms of the deal were not disclosed. Founded in 1975, Orthopedic Associates of Dutchess County has 24 subspecialty-trained physicians practicing across five locations and an ambulatory surgery center (The Surgery Center at Orthopedic Associates). The facilities are in the Hudson Valley locations of Poughkeepsie, Kingston, New Windsor, East Fishkill and Rhinebeck, New York. Spire Orthopedic Partners, a portfolio company of Kohlberg & Company LLC, is a national partnership of orthopedic practices providing the support, capital and operational resources... Read More »
CVS Health Acquires Oak Street Health for $10.6 Billion
CVS Health announced on February 8 its acquisition of Oak Street Health in an all-cash transaction at $39 per share, representing an enterprise value of approximately $10.6 billion. This marks CVS Health’s third largest deal in the last decade and fourth in the company’s history. With the purchase of Oak Street Health, CVS Health will control more than 160 primary care centers that offer routine health screenings and diagnosis to adults. Oak Street Health is a health care network of primary care centers for older adults on Medicare. The company leverages value-based care payment structures to improve outcomes and curb cost. Oak Street Health, which went public in 2020, operates... Read More »
Montecito Medical acquires Bensalem, Pennsylvania MOB
Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a medical office building (MOB) in the greater Philadelphia market area. The 27,500 square-foot MOB, located in Bensalem, Pennsylvania is tenanted by two prominent provider groups, Alliance Cancer Specialists and US Digestive Health/Gastrointestinal Specialists. The property includes an ambulatory surgery center with four operating rooms. Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions across the U.S. involving more than $5 billion in medical real estate. The acquisition expands... Read More »
Triginta Real Estate Fund Acquires Dutch Medical Office Properties
Triginta Real Estate Fund announced that it acquired four medical office buildings (MOB) in The Netherlands from Focus Real Estate. Simmons & Simmons, a London-based law firm with offices across the globe, advised Triginta. The financial terms of the acquisition were not disclosed. Triginta Real Estate Fund is a real estate developer and investor specializing in repurposing real estate for healthcare institutions and public authorities in Belgium and abroad. The company was founded in 2017 and is based in Ghent, Belgium. The four properties are in Amsterdam, Rotterdam, Utrecht and Leiden, The Netherlands. The Amsterdam and Rotterdam properties are occupied by Bergman... Read More »
Unmind Acquires Frankie Health
Workplace wellbeing company Unmind announced on Thursday it had acquired Dublin-based Frankie Health. Alongside the deal, Unmind launched Unmind Talk, an offering based on Frankie Health’s global network of mental health providers. Employers will have access to anonymized data including analytics on employee turnover, decreased mental health and absenteeism. Frankie Health develops a personalized mental health platform for organizations to support employees. Its co-founders, James McGann and Seb Poole, will join Unmind alongside the rest of the company’s workforce. Unmind is a workplace mental health platform that empowers more than 2.5 million employees around the world... Read More »Schedule a demo
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