Trinity Hunt Partners Announces Majority Investment in Centricity Research
Trinity Hunt Partners announced on May 31 a majority investment in Centricity Research, a leading clinical research services provider specializing in conducting Phase I-IV clinical trials across more than 40 therapeutic areas. With more than 35 locations across the United States and Canada, Centricity has the capabilities and expertise to partner with pharmaceutical sponsors and contract research organizations in the design and execution of clinical trials. The company’s centralized processes, patient recruitment capabilities, integrated technology and dedicated team of clinical research professionals have conducted more than 2,500 studies and more than 100 FDA and Health Canada drug... 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 »
TA Associates Announces Strategic Growth Investment in Alpha II
TA Associates, a Boston-based private equity firm, announced that it has signed a definitive agreement to make a significant growth investment in Alpha II. As part of the transaction, Alpha II’s existing shareholder WestView Capital Partners will reinvest alongside TA Associates to maintain a minority position in the company. Alpha II is a provider of revenue cycle management (RCM) technology solutions to healthcare providers across the care continuum. TA Associates has invested in more than 560 companies around the world and raised more than $48.6 billion in capital since its founding in 1968. It leads buyouts and minority recapitalizations in the technology, financial services,... Read More »
Capitol Pain Institute Bolsters Presence in Texas With Recent Acquisition
Capitol Pain Institute (CPI) has acquired Balcones Pain Consultants and Water Leaf Surgery Center, adding three clinics and one ambulatory surgical center (ASC) in the Austin MSA to CPI’s national interventional pain management platform. Financial terms of the deals were not disclosed. Led by Matthew McCarty, M.D., Balcones Pain Consultants has locations in Austin, Cedar Park and Marble Falls, Texas. The clinics’ physicians are skilled in SI fusion, epidural injections, nerve blocks and the latest in minimally invasive spinal surgical techniques. According to the company’s website, there are three providers on staff. Water Leaf Surgery Center is a Medicare certified ASC in... Read More »
Aspirion Acquires FIRM Revenue Cycle Management Services
Aspirion announced on May 19 that it has acquired FIRM Revenue Cycle Management Services, Inc. for an undisclosed price. The acquisition closed on May 18, 2023. FIRM Revenue Cycle Management Services is an attorney-driven company that utilizes clinicians and case, contract and statutory law to assist hospitals in recovering denied, unpaid and underpaid medical insurance claims. Aspirion is a revenue cycle management (RCM) company that helps hospitals and physicians recover otherwise lost claims revenue from motor vehicle accidents, workers compensation, the Veteran’s Administration and Tricare as well as out-of-state Medicaid, Medicaid eligibility, underpayments and denials. New... Read More »Schedule a demo
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