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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 »
ARC Health Acquires Silver Lake Psychology
ARC Health, a Thurston Group portfolio company, announced on May 15 that it acquired Silver Lake Psychology for an undisclosed price. Physician Growth Partners advised Silver Lake Psychology. Silver Lake Psychology cares for more than 100,000 patient visits annually and employs more than 400 providers. It has 15 offices in California, Colorado, Tennessee, Virginia and Washington D.C. ARC Health is a mental health specialty services organization supporting psychiatry, psychology and therapy providers in multiple locations throughout the U.S. ARC was formed in 2021 in partnership with outpatient mental health provider Advanced Recovery Concepts. The company has more than 320 providers... Read More »
Dental Care Alliance Welcomes Lakeview Dental Care to Portfolio
Dental Care Alliance (DCA), a portfolio company of New York-based private equity group, Harvest Partners, announced its acquisition of Lakeview Dental Care. Founded in 1998 by Dr. Mark Arooni, Lakeview Dental Care is a general dentistry practice located in Chandler, Arizona. Founded in 1991 and headquartered in Sarasota, Florida, DCA is a multi-branded dental support organization with more than 400 affiliated dental offices and 900 dentists across 22 states. DCA’s allied practices represent all dental specialties and treat patients under more than 150 brands. This affiliation continues DCA’s rapid growth and momentum and expands its footprint in Arizona to five allied practices. Financial... Read More »
Orthopedic Care Partners Acquires Advanced Pain Medical Center
On May 16, Orthopedic Care Partners (OCP), a portfolio company of Los Angeles-based middle market private equity firm Varsity Healthcare Partners, announced that it acquired Newberry, Florida-based Advanced Pain Medical Center. Established in 2014, Advanced Pain Medical Center is led by founder Brent Stewart, MD, MBA. The company’s team of specialists focuses on providing personalized, comprehensive care for patients suffering from a wide range of pain-related conditions. OCP is a strategic partner and support organization for top-performing orthopedic practices currently comprising The Orthopaedic Institute (FL), The Steadman Clinic (CO), Motion Orthopaedics (MO), Tucson Orthopaedic... Read More »
