H.I.G. Capital Sells RCM Company to Alpine Investors

H.I.G. Capital Sells RCM Company to Alpine Investors

by | Jan 12, 2023 12:42 pm | eHealth, Private Equity

San Francisco-based Alpine Investors announced that it acquired revenue cycle management  (RCM) company, Medusind Solutions, Inc. H.I.G. Capital, which originally purchased Medusind in 2019, acted as the seller. Medusind Solutions, Inc. provides comprehensive end-to-end RCM solutions, including practice management, eligibility, coding, claims processing and value-added analytics. It is based in Miami, Florida and was founded in 2002.  Alpine Investors is a private equity firm that has raised more than $900 million of committed capital and invested in more than 50 companies since its launch in 2001. H.I.G. Capital is a global private equity and alternative assets investment firm... Read More »
Avel eCare Announces the Acquisition of NightWatch

Avel eCare Announces the Acquisition of NightWatch

by | Jan 11, 2023 1:02 pm | eHealth, Private Equity

Avel eCare, one of the nation’s leading providers of clinician-to-clinician telemedicine services, announced on January 10 the acquisition of West Virginia-based NightWatch. The acquisition strengthens Avel’s existing suite of telemedicine offerings and enables the company to expand its reach to better service customers across the United States. Terms of the deal were not disclosed. NightWatch is a West Virginia-based company that provides remote pharmacy services to hospitals, clinics and nursing homes throughout the Midwest and mid-Atlantic region. NightWatch provides remote hospital pharmacy coverage to help ensure patient safety and prevent burnout among pharmacists. Since... Read More »
Pinnacle Clinical Research Acquires South Texas Research Institute

Pinnacle Clinical Research Acquires South Texas Research Institute

by | Jan 10, 2023 3:59 pm | Other Services, Private Equity

Pinnacle Clinical Research, a portfolio company of LongueVue Capital, announced on January 10 its successful combination with South Texas Research Institute (STRI). The combined Pinnacle and STRI platform expands its network and geographic footprint to six stand-alone and dedicated sites, enhances patient recruitment diversity and increases scale. STRI’s Founder and CEO Dr. Rashmee Patil will assume the role of CEO of the combined business. Terms of the deal were not disclosed. Headquartered in Edinburg, Texas, South Texas Research Institute is a multi-location clinical site organization specializing in complex indications, including hepatology with a focus on non-alcoholic fatty... Read More »
Unio Health Partners Purchases Acquired inSite Digestive Health Care

Unio Health Partners Purchases Acquired inSite Digestive Health Care

by | Jan 10, 2023 12:58 pm | Physician Medical Groups, Private Equity

Southern California-based Unio Health Partners announced that it acquired inSite Digestive Health Care on January 9.  Unio Health Partners is a multi-specialty physician practice management company focused on urology, gastroenterology and radiation oncology. It is backed by Triton Pacific Capital Partners and was founded in 2021. inSite Digestive Health Care has 31 locations throughout California, predominantly located in the Los Angeles MSA. Run by 70 providers, the practice offers high-quality gastroenterology care. With the inSite transaction, Unio now has 182 providers consisting of 119 physicians and 63 advanced practice providers operating out of 54 locations across Southern,... Read More »
PE-Backed Gastro Health Makes Its First Acquisition of 2023

PE-Backed Gastro Health Makes Its First Acquisition of 2023

by | Jan 6, 2023 4:11 pm | Physician Medical Groups, Private Equity

Gastro Health, LLC, a portfolio company of OMERS Private Equity, announced on January 4 that it acquired Gastroenterology Associates, a 10-physician GI practice based in Olympia, Washington. In addition to the 10 gastroenterologists that run the practice, Gastroenterology Associates has a team of nine advanced practice providers that treat a full range of GI conditions. The practice also offers in-office infusion services and operates anesthesia services. Gastro Health is a medical group specializing in the treatment of gastrointestinal disorders, nutrition and digestive health. Gastro Health has a presence in Florida, Alabama, Washington, Virginia, Ohio, Maryland and Massachusetts, with... Read More »
Cressey & Company, Health Enterprise Partners Acquire The InterMed Group

Cressey & Company, Health Enterprise Partners Acquire The InterMed Group

by | Jan 5, 2023 3:27 pm | eHealth, Private Equity

Cressey & Company LP and Health Enterprise Partners (HEP) announced on January 5 that funds affiliated with the two private equity firms have acquired The InterMed Group, a provider of healthcare technology management services, from Granite Bridge Partners. Harris Williams LLC served as financial advisor to InterMed. Terms of the deal were not disclosed. The partnership with Cressey and HEP will expand InterMed’s ability to help hospitals and healthcare systems manage inventories of complex medical equipment efficiently and cost effectively. The InterMed Group provides end-to-end healthcare technology and equipment management services to hospitals and health systems across the... Read More »