Balance Health Merges with Weil Foot & Ankle Institute
On June 6, Balance Health and Weil Foot & Ankle Institute (WFAI) announced a merger between the two organizations. WFAI is a premier provider of podiatric care. According to its website, the company operates out of 26 locations in Illinois, Wisconsin, Michigan and Virginia. WFAI is run by 52 providers. Balance Health is one of the nation’s premier comprehensive lower-extremity focused managed services organizations. According to its website, it operates out of 28 locations. With this merger, the companies have formed the largest majority physician-owned podiatric medical organization in the United States, according to the press release. According to data captured in the LevinPro... Read More »GI Alliance Acquires Digestive Health Consultants
Dallas-based GI Alliance announced on June 2 that it acquired Digestive Health Consultants, expanding its presence in Washington. Founded in 1982, Digestive Health Consultants is committed to providing the highest level of GI medical care to patients. According to the company’s website, the practice is run by a team of five physicians and one advanced practice provider. It is based in Silverdale, Washington. GI Alliance is a physician-led and majority physician-owned GI practice management company providing services to more than 800 independent gastroenterologists. The company operates in Texas, Arkansas, Arizona, Colorado, Florida, Illinois, Indiana, Kansas, Louisiana,... Read More »
Elevate ENT Enters Louisiana with Acquisition of Louisiana Ear, Nose, Throat and Sinus
Elevate ENT Partners, backed by Audax Private Equity, announced on May 30 that it acquired Louisiana Ear, Nose, Throat and Sinus (LENTS). The transaction makes LENTS the first Elevate ENT practice in the state of Louisiana. Financial terms of the deal were not disclosed. LENTS provides patients in the Baton Rouge and surrounding communities with ear, nose and throat (ENT) and sinus treatment. According to the company’s website, there are 14 physicians on staff. With more than 75 otolaryngology centers and 120 physicians, Elevate ENT Partners invests in private ENT and allergy practices across the United States. It provides scalable infrastructure to help practices reach the next... Read More »
RC Capital Acquires James River Cardiology
Cincinnati-based private equity firm, RC Capital, announced on May 31 that it acquired James River Cardiology. By partnering with James River Cardiology, RC Capital formed Aligned Cardiovascular Partners. Provident Healthcare Partners advised James River Cardiology and Kaufman & Canoles served as the legal counsel, while McDermott Will & Emery LLP served as legal counsel to RC Capital. The financial terms of the deal were not disclosed. James River Cardiology operates out of six locations in the Richmond, Virginia MSA. According to its website, the practice is run by a team of eight physicians and a support staff of nine nurses and physician assistants. Founded in 1994, RC Capital... Read More »
