Regal Healthcare Capital Partners Acquires Healthcare Staffing Agency

Regal Healthcare Capital Partners Acquires Healthcare Staffing Agency

On April 26, one of Regal Healthcare Capital Partners’ portfolio companies, Oak Healthcare Staffing, announced that it acquired Cunningham Elite Staffing, marking the fourth healthcare staffing deal of the month. The financial terms of the transaction were not disclosed.  Oak Healthcare, a travel nurse staffing firm, ensures clinical oversight and support to each nurse while on-the-job through a dedicated nurse advocacy team. Its seasoned recruiting team identifies and places high-performing nurses in 14 focused areas including the operating room, emergency room, intensive care unit, labor and delivery room and cardiac catheterization labs. Founded in 2017, Cunningham Elite Staffing... Read More »
Option Care Health Completes Acquisition of Specialty Pharmacy Nursing Network Inc.

Option Care Health Completes Acquisition of Specialty Pharmacy Nursing Network Inc.

Option Care Health, Inc., the largest independent provider of home and alternate site infusion services in the United States, completed the acquisition of Specialty Pharmacy Nursing Network Inc. (SPNN) on April 11, 2022, for $60 million. SPNN will maintain its current operations and continue to serve a broad array of infusion providers, specialty pharmacies and biopharmaceutical manufacturers as a separate enterprise within Option Care Health.  Option Care Health, Inc. has more than 7,000 employees including 4,700 clinicians in all 50 states and with the acquisition of SPNN, Option Care now has a team of more than 2,900 nurses nationwide. Founded in 2009, (SPNN) is a national leader... Read More »
UnitedHealth’s Optum Continues Buying Spree with Kelsey-Seybold Clinic Acquisition

UnitedHealth’s Optum Continues Buying Spree with Kelsey-Seybold Clinic Acquisition

Just one week after its parent company UnitedHealth Group spent $5.4 billion on home health provider LHC Group, Optum, has continued the buying spree and announced the acquisition of Kelsey-Seybold Clinic, a large, multi-specialty group practice based in Houston, Texas. Financial terms of the transaction were not disclosed. Founded in 1949 by Dr. Mavis Kelsey, Kelsey-Seybold Clinic is Houston’s premier multispecialty group practice with more than 500 physicians and allied health professionals practicing at more than 30 locations in the Greater Houston area. Kelsey-Seybold offers quality medical care in 55 medical specialties. The organization operates multi-specialty care centers, a... Read More »
Development Solutions Expands in Georgia with the Acquisition of 4 Clinics

Development Solutions Expands in Georgia with the Acquisition of 4 Clinics

On March 23, Development Solutions and Facilities, a health care-focused real estate firm, announced that it was acquiring four medical office buildings in Georgia for $11.85 million. Development Solutions and Facilities is run by David Fowler and based in Birmingham, Alabama. It strategizes and executes solutions to develop, lease, manage, own, co-own, invest, acquire and monetize real estate assets. The Georgia properties include the Toccoa Clinic MedAccess in Toccoa, The Foothills Retail Center in Toccoa, Northeast Georgia Physicians Group Pediatrics in Lavonia and NGPG Primary Care in Clayton. The properties are occupied by Northeast Georgia Physicians Group and total 104,548 square... Read More »
Job.com Acquires Healthcare Recruitment Firm QCI Healthcare

Job.com Acquires Healthcare Recruitment Firm QCI Healthcare

On March 2, Job.com, the data-driven, AI-powered recruitment platform, announced the acquisition of QCI Healthcare, a Grand Rapids, Michigan-based staffing agency. This marks the fourth successful staffing agency acquisition by Job.com, which is strategically continuing to build its position leading the digital transformation of the industry. The transaction closed on December 23. Terms of the multi-million-dollar acquisition were not disclosed. QCI Healthcare is a Grands Rapids, Michigan-based recruitment company that provides health professionals to facilities in need of supplemental staffing on a per diem basis, or for contracts ranging anywhere from 8-26 weeks. It also provides private... Read More »
The Rise Fund Acquires Blue Cloud Pediatric Surgery Centers

The Rise Fund Acquires Blue Cloud Pediatric Surgery Centers

On February 28, The Rise Fund, TPG’s multi-sector global impact investing strategy, announced the acquisition of Blue Cloud Pediatric Surgery Centers, an operator of pediatric dental ambulatory surgery centers (ASCs) dedicated to providing dental care to pediatric and special needs patients under general anesthesia. Financial terms of the transaction were not disclosed. The Rise Funds are a core pillar of TPG Rise, TPG’s global impact investing platform. Founded in 2016 by TPG in partnership with Bono and Jeff Skoll, The Rise Funds invest behind impact entrepreneurs and growth-stage, high potential, mission-driven companies that are focused on achieving the United Nations’... Read More »