Confluent Health Welcomes Fitness Quest Physical Therapy to Expanding Network

Confluent Health Welcomes Fitness Quest Physical Therapy to Expanding Network

On September 10, Confluent Health announced its latest partnership with Fitness Quest Physical Therapy, a physical therapy company with 16 clinics across Southwest Florida. Fitness Quest Physical Therapy has been providing rehabilitative services to patients in the Southwest Florida area since 1998. The company offers a comprehensive range of services, including orthopedic and sports physical therapy, total joint replacement rehabilitation, work-related injury therapy, pre/post-surgical rehabilitation, women’s and men’s pelvic health, neuro rehabilitation, gait and balance therapy, lymphedema therapy and auto accident injury recovery. Confluent Health, a portfolio company of... Read More »
U.S. Oral Surgery Management Acquires 4 Dental Practices 

U.S. Oral Surgery Management Acquires 4 Dental Practices 

On September 10, U.S. Oral Surgery Management (USOSM), a portfolio company of New York City-based private equity firm Oak Hill Capital Partners, announced that it completed the acquisition of four dental practices.   Granite State Oral Surgery operates out of two locations in New Hampshire: Salem and Londonderry. According to its website, the practice is run by Dr. Salman Malik, who is the only physician on staff.  Oral Surgery & Implant Associates of Greenville is based in Greenville, South Carolina. According to its website, there is one provider on staff: Dr. Jeff Simmons.  Hattiesburg Oral Surgery & Implant Center is based in Hattiesburg, Mississippi.... Read More »
Revelstoke Capital Partners Makes Significant Growth Investment in MediQuant

Revelstoke Capital Partners Makes Significant Growth Investment in MediQuant

Revelstoke Capital Partners has announced a significant growth investment in MediQuant, LLC, representing the seventh investment from Revelstoke Capital Partners Fund III. MediQuant provides hospital data active archiving and interoperability solutions for hospitals and health systems. MediQuant’s flagship product, DataArk®, allows health systems to maintain access to relevant clinical, financial and administrative data, ensuring that valuable data required for patient care and compliance is secure and within reach. MediQuant’s platform applications provide an active view of patient records from within existing systems. This allows customers to reduce security risks and costs... Read More »
Interest Rate Environment Changing PE Strategies in Health Care

Interest Rate Environment Changing PE Strategies in Health Care

For years, private equity firms have been the dominant players in the healthcare investment market, but the macroeconomic headwinds and high interest rates have finally forced private equity firms and platform companies (collectively, PE Buyers) to slow their investment strategies. According to data captured in our LevinPro HC platform, PE buyers have publicly announced 434 transactions this year through August 25. That total compares to 535 transactions posted through the same period in 2023, representing an 18% year-over-year decrease in volume.  “Beginning in Q4 of 2023, the private equity market began to feel the effects of an economic slowdown that continued into the first half... Read More »
U.S. Oral Surgery Management Acquires 4 Dental Practices 

Specialized Dental Partners Makes 17th Acquisition of 2024 

On September 3, Specialized Dental Partners (SDP), a portfolio company of the private equity group Quad-C Management, announced that it acquired Elite Endo. This marks SDP’s 17th acquisition of 2024.   Elite Endo is based in Universal City, Texas. According to its website, it is run by a team of two physicians (Dr. K Robert Thurman and Dr. Dr. Sara Fayazi) who are supported by a team of three employees.  SDP (formerly known as US Endo Partners) is a specialty dental service organization that provides comprehensive support services to endodontic specialists across the United States. The company is based in Franklin, Texas.   This transaction marks SDP’s first... Read More »
OneOncology Purchases Cancer Management Platform Navigating Cancer

OneOncology Purchases Cancer Management Platform Navigating Cancer

OneOncology announced its acquisition of Navigating Cancer on September 4, 2024. Navigating Cancer is a comprehensive patient engagement and care management platform. The digital health company is based in Seattle, Washington. OneOncology is a national network of independent community oncologists who assist partner practices in expanding their cancer care services. The company’s 1,000 cancer care providers care for approximately 615,000 patients at more than 339 sites nationwide. In April 2023, OneOncology was acquired by TPG Capital and AmerisourceBergen from General Atlantic. The acquisition has already allowed Navigating Cancer to accelerate technology investments to benefit... Read More »