Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 40
Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 121
PE Firm Waud Capital Partners Acquires Fusion Healthcare Staffing, Forms Fusion Health
Chicago-based private equity firm Waud Capital Partners has acquired Fusion Healthcare Staffing for an undisclosed price. In connection with the deal, Waud Capital Partners, in partnership with healthcare executives Bales Nelson and Allen Dye, has formed Fusion Health. Fusion Health will offer staffing services to healthcare facilities, providers and health plans, working to help with a variety of episodic clinical resource needs through technology-focused services. Nelson will serve as chief executive officer of Fusion Health and Dye will serve as president. Headquartered in Sandy, Utah, Fusion Healthcare Staffing is a provider of staffing services to hospitals and healthcare providers... Read More »
Montecito Medical Acquires ASC in Dallas-Fort Worth MSA
Montecito Medical Real Estate announced on March 22 its acquisition of a 14,600-square-foot ambulatory surgery center (ASC) in Granbury, Texas. The property is 100% leased to Baylor Scott & White Surgicare in Granbury. Physicians at the multispecialty surgery center, which includes four operating rooms, perform gastroenterology, neurology, ENT, ophthalmology, orthopedics, urology, pain management and podiatry procedures. The acquisition in Granbury expands Montecito’s footprint in the greater Dallas-Fort Worth MSA. Since the beginning of 2021, the company has acquired 15 medical office properties in the region. Terms of the deal were not disclosed. Montecito Medical specializes in... Read More »
Rising Interest Rates, Banking Uncertainty Could Limit Capital Needed for Healthcare Real Estate M&A Activity
While healthcare real estate has proven to be an increasingly attractive investment in recent years, mergers and acquisitions deal volume in 2023 may fail to reach last year’s record. “We believe that overall volume will be healthy given the continued demand for healthcare real estate, but will be lower than previous years’ historic highs,” said Cornerstone Companies senior vice president of investments Ted Baker. His company’s holdings include approximately 55 medical office buildings and surgery centers with an aggregate value above $500 million. “My guess is that we see less of [the] larger trades and more single-asset deals [and] lower overall volumes,” Baker said. There were 120... Read More »
ELNA Medical Bolsters Private Care Network with Addition of Créa-MeD and Uni-Med Clinics
ELNA Medical announced the acquisition of two Montréal-based private clinics, Créa-MeD and Uni-Med. Both clinics will join ELNA’s growing private care network of five clinics throughout greater Montreal. Terms of the deal were not disclosed. Established in 2008 as one of Quebec’s first non-RAMQ (Régie de l’assurance maladie du Québec) clinics, Créa-MeD is a private medical clinic offering private family medicine and specialized care including comprehensive STI testing. Uni-Med offers access to private family medicine and women’s health services, including one of Quebec’s leading practices in hormone therapy. ELNA Medical is a Montreal-based company that brings... Read More »
