• PE-Backed Alliant Insurance Services Buys Highpoint Insurance Group in Texas

    by | Nov 12, 2025 10:43 am | Managed Care

    Private equity-backed Alliant Insurance Services has purchased a health insurance agency located in Friendswood, Texas. The target, Highpoint Insurance Group, has 44 employees on staff. Alliant Insurance Services is a Newport Beach, California-based distributor of diversified insurance products and services. Alliant’s largest backer is the... Read More »

  • MedEvolve Announces Acquisition by Emergence Software

    by | Nov 12, 2025 10:41 am | eHealth, Private Equity

    Little Rock, Arkansas-based MedEvolve, Inc. announced that it has been acquired by Emergence, an enterprise backed by The Pritzker Organization. The deal was announced on November 11, 2025. Terms were not disclosed. MedEvolve offers AI-powered workflow automation and analytics that optimize the revenue cycle from financial clearance through... Read More »

  • Top Health System Divestments of 2025

    by | Nov 11, 2025 9:01 am | Hospitals

    Throughout 2025, several major health systems have been focusing on downsizing their portfolios by divesting hospitals and other lines of business. Some transactions were from systems seeking to pay down debt, others resulted from bankruptcy proceedings and a number from systems exiting non-core markets. In our LevinPro HC database, we have... Read More »

  • Axsome Therapeutics Acquires Baergic Bio 

    by | Nov 7, 2025 4:52 pm | Pharmaceuticals

    Axsome Therapeutics reported on November 5 that it acquired Baergic Bio, Inc. from Avenue Therapeutics for $0.3 million.  Founded in December 2019, Baergic Bio is a clinical-stage pharmaceutical company that focuses on the development of a pharmaceutical product for the treatment of CNS disorders.   Axsome Therapeutics is a... Read More »

  • Ivy Rehab acquires Kinnelon Physical Therapy 

    by | Nov 7, 2025 4:51 pm | Rehabilitation

    Ivy Rehab, based in Harrison, New York, announced that it entered into an agreement to acquire Kinnelon Physical Therapy.  Kinnelon Physical Therapy is a rehabilitation and orthopedic provider serving Northern New Jersey for more than 36 years.  Founded in 2003, Ivy Rehab, a portfolio company of middle-market private equity firm Waud... Read More »
Outpatient Surgery Center M&A Market Overview: Deals Decline Amid Persistent Headwinds

Outpatient Surgery Center M&A Market Overview: Deals Decline Amid Persistent Headwinds

by | Oct 28, 2025 8:37 am | Outpatient Surgery Center

Deal activity in the Outpatient Surgery Center market has slowed sharply in 2025 due to a number of headwinds that have extended timelines and reduced transaction momentum. The sector, encompassing ambulatory surgery centers (ASCs), offers 30-50% cost savings on common procedures like colonoscopies and orthopedics compared to inpatient settings. These translate to higher EBITDA margins for operators and favorable reimbursement under value-based care models, yet these advantages have not spurred robust deal flow amid broader headwinds. Year-to-date (YTD) through October 27, 2025, 29 deals have been announced, compared to 57 in fiscal 2024, 38 in 2023 and 45 in 2022. At this point, with... Read More »
AmSurg Acquires Surgery Center of Conway 

AmSurg Acquires Surgery Center of Conway 

by | Oct 24, 2025 5:30 pm | Outpatient Surgery Center

AmSurg Corp., backed by Ascension, announced that it acquired Surgery Center of Conway. Physician Transaction Advisors (formally ASCs Inc.) advised Surgery Center of Conway. Terms were not disclosed.  Founded in 2019, the Surgery Center of Conway is a physician-owned, ophthalmology and retina-focused ambulatory surgery center in Conway, South Carolina.  AmSurg Corp. is an independent leader in ASC services, operating a network of approximately 250 surgery centers nationwide. In partnership with physicians and health systems, the organization delivers patient care across a diverse spectrum of medical specialties, including gastroenterology, ophthalmology and orthopedics. ... Read More »
Outpatient Surgery Center M&A Market Overview: Deals Decline Amid Persistent Headwinds

Flagship Healthcare Properties Acquires Panama City, Florida Outpatient Surgery Center

by | Oct 6, 2025 10:34 am | Outpatient Surgery Center

Flagship Healthcare Properties has announced the acquisition of a class A, 100% leased ambulatory surgery center located in Panama City, Florida. The purpose-built multispecialty outpatient surgery center was developed for Northwest Florida Surgery Center and contains three operating rooms and two procedure rooms. The facility is located within a dense medical corridor and surrounded by complementary healthcare providers. Gulf Coast Hospital, a 430-bed acute care facility, is less than a mile away. Flagship Healthcare Properties is an outpatient healthcare real estate firm serving clients in the southern United States. Headquartered in Charlotte, North Carolina, Flagship offers a full... Read More »