BVP Forge Invests in BetterRX 

BVP Forge Invests in BetterRX 

BVP Forge, based in San Francisco, California, announced that it made a strategic investment into Salt Lake City, Utah-based BetterRX. BetterRX also announced the appointment of Tim Tannert as its new CEO.  BetterRX is a leading hospice pharmacy platform. Its real-time technology platform is designed to eliminate medication delays and enhance patient care. The platform offers 100% pass-through pricing, seamless electronic medical record integration, pharmacy access and round-the-clock clinical support.  BVP Forge is a buyout fund managed by Bessemer Venture Partners. BVP Forge operates as a private equity firm for growth-oriented, self-sustaining software-enabled businesses... Read More »
ReFocus Eye Health Acquires New View Eye Center 

ReFocus Eye Health Acquires New View Eye Center 

ReFocus Eye Health, a portfolio company of investment firm Zenyth Partners, announced that it will acquire New View Eye Center, a three-provider practice in Reston, Virginia.  New View Eye Center is a provider of laser and specialty eye care services that was founded in 1999. New View Eye Center is a full-service ophthalmic practice with an onsite laser center and has expanded its offerings to include injectable aesthetic services, eyelid rejuvenation survey, advanced cataract surgeries and diabetic eye treatments.  ReFocus Eye Health is an eye care management services organization supporting a leading network of comprehensive ophthalmology and retina practices. The ReFocus Eye... Read More »
Chicago Pacific Founders Healthcare Real Estate Buys Washington D.C. Area MOB for $27.5 Million

Chicago Pacific Founders Healthcare Real Estate Buys Washington D.C. Area MOB for $27.5 Million

Chicago Pacific Founders has acquired a twelve-story, 192,000-square-foot Class A medical outpatient building (MOB) in the Washington, D.C. MSA for $27.5 million. The acquisition was made through the Chicago Pacific Founders Healthcare Real Estate business (CPF HCRE).  The property enjoys 74% occupancy, majority medical tenancy and a weighted-average lease term of six years. Anchored by Luminis Health under a new ten-year lease, the property is located 1.2 miles from Luminis Health Doctors Community Medical Center. The purchase price is roughly $143 per square foot.  With $2.7 billion in assets under management, Chicago Pacific Founders is a leading private equity firm with... Read More »
Private Equity Interest Drops in First Half of 2025

Private Equity Interest Drops in First Half of 2025

In the first half of 2025, private equity firms and their sponsored companies (“PE Buyers,” collectively) announced 326 transactions in the healthcare M&A market, or approximately 32% of all the 1,036 announced healthcare deals, according to data captured in the LevinPro HC platform. The deal volume in Q2:25 (148 deals) represents a nearly 17% decrease in M&A volume from Q1:25 (178 deals). Activity in Q2:25 is also 24% lower than the 194 PE-backed transactions reported in the second quarter of 2024. For the first two quarters of the year, disclosed spending reached more than $32.8 billion across 17 transactions. The first quarter saw more than $29.9 billion in disclosed spending... Read More »
Orchard Mental Health Group Acquires Maryland Counseling Associates

Orchard Mental Health Group Acquires Maryland Counseling Associates

Orchard Mental Health Group announced that it has acquired Maryland Counseling Associates, adding four new locations to its footprint and 31 clinicians to its clinical workforce. Financial terms of the deal were not disclosed. Maryland Counseling Associates provides mental health services for children, adolescents and families in Maryland and Pennsylvania. Orchard Mental Health Group, formerly known as Quince Orchard Psychotherapy, offers in-person and virtual therapy, medication management, diagnostics and psychiatric services. Founded in 2015 and is based in Rockville, Maryland, the company merged with private equity firm The Graham Group in May 2023. This marks the third acquisition by... Read More »
Premier Radiology Services Expands Teleradiology Capabilities With MetisMD Acquisition

Premier Radiology Services Expands Teleradiology Capabilities With MetisMD Acquisition

Premier Radiology Services announced on July 8 the acquisition of MetisMD. This transaction expands Premier’s national reach and strengthens its subspecialty teleradiology services.  Established in 2005, MetisMD is a Chicago, Illinois-based teleradiology provider with expertise in musculoskeletal imaging. The company provides teleradiology services through a team of more than 30 board-certified, fellowship-trained radiologists. Founded in 2006, Premier Radiology Services is one of the top independent teleradiology solutions in the United States. Premier provides reliable and accurate interpretations of medical images to patients in 48 states through its technology-enabled platform.... Read More »