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Francisco Partners to Acquire AdvancedMD from Global Payments
Francisco Partners announced on October 30 that it signed a definitive agreement to acquire AdvancedMD from Global Payments, Inc., a leading worldwide provider of payment technology and software solutions. Founded in 1999, AdvancedMD provides a cloud native medical office software platform that unifies practice management, electronic health record, patient engagement and payments software solutions. AdvancedMD’s end-to-end practice and patient workflow solutions help healthcare practices, independent physicians and medical billers optimize operations, reduce administrative burdens, manage higher patient encounters and improve patient outcomes. Francisco Partners is a private equity firm... Read More »
OneOncology Partners with Southeastern Medical Center
On October 21 OneOncology Inc., backed by TPG Capital and AmerisourceBergen, announced that it entered into an agreement to acquire Southeastern Medical Center (SMOC). SMOC is an oncology practice based out of three locations in North Carolina: Goldsboro, Clinton and Jacksonville. SMOC offers patients access to high-quality services along the cancer care continuum, including infusion therapy, clinical research, in-office drug dispensing and laboratory services. According to its website, there are five physicians on staff who are supported by a team of six advanced practice providers. OneOncology is a national network of independent community oncologists who assist partner practices... Read More »
Specialized Dental Partners Acquires Forest Lake Endodontics
Specialized Dental Partners, backed by private equity group, Quad-C Management, announced that it acquired Forest Lake Endodontics. Forest Lake Endodontics is based in Forest Lake, Minnesota. It provides the full scope of endodontic services such as root canal treatment, 3D imaging and oral surgery. According to its website, there are two physicians on staff: Drs. Mary Ann Bunczak and Tyler J. Schuurmans. Specialized Dental Partners (formerly known as US Endo Partners) is a leading specialty dental service organization that provides comprehensive support services to endodontic specialists across the United States. It was founded in 2018 and has partnered with more than... Read More »
US Heart & Vascular Acquires Birmingham Heart Clinic
On October 21, Provident Healthcare Partners announced that it acted as an advisor to Birmingham Heart Clinic as it was purchased by US Heart & Vascular (USHV). Birmingham Heart Clinic is based out of five locations in the Birmingham, Alabama MSA. The practice is focused on providing the full spectrum of cardiovascular care. According to its website, there are 16 physicians on staff. Formed in 2021 and headquartered in Nashville, Tennessee, USHV is a national provider of support services to cardiovascular physician practices. USHV has partnerships with eight practice affiliates in Arizona, Texas and Kansas and approximately 160 physicians. In addition, USHV is actively... Read More »
