Schweiger Dermatology Group Acquires Allergy & Asthma Care of New York

Schweiger Dermatology Group Acquires Allergy & Asthma Care of New York

Schweiger Dermatology Group, backed by LLR Partners and SV Health Investors, announced its acquisition of Allergy & Asthma Care of New York, expanding into the allergy and asthma industry. The financial terms of the acquisition were not disclosed.   Allergy & Asthma Care of New York is a leading specialist in the management of allergic and immunologic disorders with two locations in Manhattan. The practice was founded by Dr. Clifford W. Bassett in 1993 and today has two physicians on staff.  Founded in 2010, Schweiger Dermatology Group is one of the largest group dermatology practices in the Northeast, with more than 90 offices and more than 300 healthcare providers... Read More »
What Is Value-Based Care?

What Is Value-Based Care?

Value-based care is the future of the U.S. healthcare system. The Centers for Medicare & Medicaid Services (CMS) want all Medicare beneficiaries and the majority of Medicaid beneficiaries to be in value-based care arrangements by 2030 – and the rest of the healthcare marketplace is expected to follow. Value-based care is often promoted as a system with the potential to reduce costs and improve care quality. But what does “value-based care” really mean? How are “value” and “quality” defined? This article attempts to answer those questions as clearly and comprehensively as possible. We’ll explain the structure of value-based care, including the risk types and reimbursement models, why... Read More »
Unifeye Vision Partners Acquires Insight Vision Group

Unifeye Vision Partners Acquires Insight Vision Group

Unifeye Vision Partners (UVP), a portfolio company of private equity firm Waud Capital Partners, has acquired California-based Insight Vision Group.  According to data captured in the LevinPro HC database, this acquisition represents the 393rd Physician Medical Groups transaction of the year, and the 34th in the eye care specialty. This also marks Unifeye’s fifth acquisition of 2023.  Brown Gibbons Lang & Company’s Healthcare & Life Sciences investment banking team served as the exclusive financial advisor to Insight Vision Group. Financial terms of the deal were not disclosed.  Insight Vision Group is an eyecare platform with ten clinics and two... Read More »
Redefine Healthcare Expands Presence in New Jersey 

Redefine Healthcare Expands Presence in New Jersey 

On September 18 Redefine Healthcare announced it was merging with Mercer-Bucks Orthopedics.   Mercer-Bucks Orthopedics is an orthopedic practice. It operates four locations in New Jersey and one in Pennsylvania. According to its website, the practice is run by 13 physicians, five physician assistants, eight physical therapists and two occupational therapists.  Redefine Healthcare is a leading multidisciplinary medical practice dedicated pain management and orthopedics. It has 19 locations in New Jersey.  With an expanded team of more than 70 providers, patients of the merged company can now receive comprehensive treatment for sports medicine injuries, joint... Read More »
CLS Health Acquires Southeast Houston Cardiology

CLS Health Acquires Southeast Houston Cardiology

CLS Health, formerly known as Clear Lake Specialties, has finalized the acquisition of Southeast Houston Cardiology. The acquisition extends CLS Health’s geographical reach in the Houston MSA.   According to data captured in the LevinPro HC database, this transaction represents the 388th Physician Medical Groups acquisition of 2023, 24 of them in the cardiology specialty. Financial terms of the deal were not disclosed.  Southeast Houston Cardiology is a Texas-based cardiology practice that’s been serving Pasadena, Clear Lake, Webster and the surrounding area for more than twenty years. According to its website, the practice has six providers on staff.  CLS Health is a... Read More »
MB2 Dental Enters Wisconsin  

MB2 Dental Enters Wisconsin  

MB2 Dental Solutions announced its acquisition of Eastridge Dental, a two-provider dental practice in Green Bay, Wisconsin.   Aided by a support staff of five employees, Eastridge Dental is owned by husband and wife, Drs. William R. Meier and Carolyn W. Meier.   MB2 Dental Solutions, a portfolio company of middle-market private equity firm Charlesbank Capital Partners since February 2021, partners with dentists and specialists. Founded in 2007, MB2 offers general dentistry services, orthodontics, cosmetic dentistry and oral surgery.  This acquisition marks MB2’s entry into Wisconsin, per the press release. According to its website, MB2 Dental has a presence... Read More »