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MyTown Health Partners Expands in Texas
MyTown Health Partners (MTHP) announced its acquisition of South Padre Island Pediatrics Center. South Padre Island Pediatrics Center provides pediatric care out of four Texas locations; Corpus Christi, Sinton, Aransas Pass and Mathis. According to its website, the practice is run by three providers. MTHP is a practice management services organization headquartered in Pittsburgh. MyTown Health Partners is bringing together national leaders in the rural and urban healthcare space with the goal of providing accessible healthcare treatment to underserved communities. It was formed by Webster Equity Partners. This transaction expands MyTown Health Partners’ presence in... Read More »
WellSky Acquires Corridor, Expands RCM Services for Post-Acute Industry
WellSky announced that it has acquired The Corridor Group from HealthEdge Investment Partners, a healthcare-focused private equity firm. By adding Corridor to its portfolio, WellSky will expand its medical coding and revenue cycle management (RCM) offerings to help post-acute care providers increase efficiency and improve performance across clinical, financial, operational and compliance areas. Founded in 1989, Corridor is a provider of outsourced coding, RCM and education solutions to the post-acute healthcare industry. Corridor has delivered solutions to thousands of clients ranging from large health systems and national chains to smaller, independently operated agencies. ... Read More »
LynLake Centers for WellBeing Joins ARC Health
ARC Health, a Thurston Group portfolio company, has announced the acquisition of LynLake Centers for WellBeing for an undisclosed price. The transaction was facilitated by Agenda Health, a healthcare-focused M&A advisory firm headquartered in Austin, Texas. LynLake Psychotherapy and Wellness Ltd, doing business as LynLake Centers for WellBeing, is a Minnesota-based integrative mental health and wellness practice with fourteen locations across Minneapolis and St. Paul. Established in 2014, LynLake offers a wide spectrum of outpatient clinical offerings, spanning from psychotherapy, neuro/psychological testing and nutritional counseling, to neurofeedback, medication management,... Read More »
Lovell Minnick Partners Makes Growth Investment in S&S Health
Lovell Minnick Partners LLC (LMP) has made a majority growth investment in S&S Health, a Cincinnati-based provider of administration and technology solutions for health plans for small and mid-sized businesses. The transaction is expected to close in the fourth quarter of 2023. LMP is a private equity firm focused on investments in financial services, business services and financial technology companies. Since its inception, the company has raised approximately $4.75 billion of committed capital, invested in more than 50 companies and completed more than 175 add-on acquisitions. Waller Helms Advisors served as financial advisor to S&S and Harris Williams served as... Read More »
PE-Backed Commure Merges with Athelas
Commure, Inc., a portfolio company of private equity firm General Catalyst, and Athelas announced on October 4 that they have entered into a definitive agreement and expect the combined merger to close by the end of October 2023. According to data captured in the LevinPro HC database, this acquisition represents the 208th eHealth transaction of 2023 and the 46th in the revenue cycle management (RCM) specialty. Athelas is a Mountain View, California-based provider of healthcare workflow automation software and RCM services. Founded in 2016, Athelas is integrated with all major electronic health records and offers artificial RCM, remote monitoring and patient engagement tools.... Read More »Schedule a demo
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