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Cross Country Healthcare Acquires Third Agency During 2022
Cross Country Healthcare, Inc. (NASDAQ: CCRN) announced on December 13 that it acquired Hireup Leadership Inc. This marks Cross Country Healthcare’s third transaction of 2022, where it previously acquired two healthcare staffing agencies. Cross Country Healthcare provides healthcare staffing and workforce solutions in the United States. In 2021, the company reported revenue of $1.67 billion. Hireup is an interim leadership firm based in Santa Barbara, California. Hireup partners with organizations, including hospitals, academic medical centers and clinics, to recruit healthcare leaders within nursing, allied, physician, human resources and finance. This acquisition strengthens Cross... Read More »
Irwin Naturals Acquires Florida Mind Health Center
Irwin Naturals Inc. (CSE: IWIN) announced it acquired Florida Mind Health Center for an unspecified amount. Clare Clinic, Inc., which does business as Florida Mind Health Center, is a ketamine clinic that has locations in Gainesville, Tallahassee and Panama City, Florida. Founded in 1994, Irwin Naturals Inc. is a nutraceuticals (natural products and supplements) company with a portfolio of products available in more than 100,000 retail locations across North America. Its national chain of psychedelic mental health clinics is called Irwin Naturals Emergence. It generated more than $100 million in revenue in 2021. This transaction represents Irwin Naturals eighth acquisition in the year.... Read More »
Lincoln Advisors Acquires MOB in Atlanta’s Buckhead Neighborhood
Lincoln Advisors, an affiliate of international real estate firm Lincoln Property Company, has acquired the Northwest Medical Center, a four-story, 149,202-square-foot medical office building (MOB) in the Buckhead neighborhood of Atlanta. Lincoln Advisors paid $71.8 million for the Class A asset. The property is 81% leased to 25 tenants with a weighted average remaining lease term of approximately 9.4 years. The sale price is approximately $483 per square foot. A joint venture between Harrison Street and HealthAmerica Realty Group sold the property. CBRE Group, Inc. represented the sellers and procured the buyer. According to the LevinPro HC database this marks the 204th MOB acquisition of... Read More »
Hillhouse Acquires CRO George Clinical
George Clinical announced on December 9 that it has entered into a sale agreement with Hillhouse, a Beijing-based global investment firm with deep experience in partnering with and supporting healthcare businesses. The George Institute will hold a minority stake in George Clinical following the acquisition and will maintain a collaboration in applicable scientific areas such as in the Global Kidney Patients Trials Network. BofA Securities acted as lead financial advisor on the transaction and Lazard Australia acted as co-advisor. Herbert Smith Freehills LLP acted as legal advisor on the transaction. Financial terms of the transaction were not disclosed. George Clinical is a global clinical... Read More »
Ochsner Health Acquires Diamondhead Urgent Care
Ochsner Health announced it has acquired Diamondhead Urgent Care, an urgent care center in Diamondhead, Mississippi, giving the hospital system a bigger footprint in Hancock County. The existing employees and physicians will continue to provide healthcare at this facility, while additional staff will be added as the patient load increases. Terms of the deal were not disclosed. Ochsner Health is an integrated healthcare system that has more than 34,000 employees and more than 4,500 employed and affiliated physicians in more than 90 medical specialties and subspecialties. It operates 40 hospitals and more than 300 health and urgent care centers across Louisiana, Mississippi and the Gulf... Read More »Schedule a demo
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