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Health Advocates Augments Radiology Staffing Offerings With DiagnosTemps Acquisition
On November 25, 2024, Health Advocates Network, Inc. announced the acquisition of DiagnosTemps, a radiology staffing agency specializing in the placement of radiology professionals to healthcare facilities across the United States. DiagnosTemps was established in 1993 and headquartered in Dallas, Texas. Health Advocates Network specializes in healthcare staffing solutions, providing a range of services within the healthcare sector. The company was founded in 2020 and is based in Boca Raton, Florida. DiagnosTemps will continue to operate as a separate unit under the DiagnosTemps Joint Commission certified brand. Financial terms of the deal were not disclosed. The DiagnosTemps transaction... Read More »
Virtua Health Acquires Christiana Spine Ambulatory Surgical Center
On November 20, Merritt Healthcare Advisors, a provider of M&A consultative services for healthcare organizations nationwide, announced that Virtua Health was acquiring Christiana Spine Ambulatory Surgical Center (CSASC). CSASC is an ambulatory surgery center (ASC) in Newark, Delaware. The ASC specializes in spine surgery, diagnostics treatments, minimally invasive spine surgery and non-surgical treatments. Virtua Medical Group is an academic health system that provides a full spectrum of health care services. In addition to joint ventures with 42 ambulatory surgery centers in New Jersey, Pennsylvania and Delaware, Virtua operates five hospitals in Southern New Jersey and has... Read More »
Summit Spine & Joint Centers Acquires Integrated Pain Solutions
On November 19, Summit Spine & Joint Centers announced that it acquired Integrated Pain Solutions (IPS) for an undisclosed amount. IPS is a pain management practice with 11 locations in North Carolina. According to its website, the practice has two board-certified medical directors on staff: Drs. Thomas Bresly and Todd Reiter. They are supported by a team of 16 employees. Backed by MSouth Equity Partners, Summit Spine & Joint Centers is a management services organization that provides administrative and support services to its network of clinics and ambulatory surgery centers across the Southeast. The company’s footprint includes 41 locations across... Read More »
Epiphany Dermatology Acquires George Dermatology
Epiphany Dermatology, a portfolio company of the private equity firm CI Capital Partners, recently announced that it acquired George Dermatology. Based in St. Louis, Missouri, George Dermatology is run by Dr. Mary Noel George. According to the press release, Dr. George is the only physician on staff, but she is supported by a team of employees. Epiphany provides general dermatology, skin cancer care, Mohs surgery, cosmetic services and additional dermatologic services. It has partnerships with dermatologists in more than 90 locations across Arizona, Colorado, Georgia, Iowa, Kansas, Minnesota, Missouri, Montana, New Mexico, Oklahoma, South Carolina, Texas and... Read More »
Novartis Acquires Kate Therapeutics for up to $1.1 Billion
Novartis announced on November 21 that it has acquired Kate Therapeutics to further enhance and strengthen its ongoing efforts to advance gene therapies for patients. Under the terms of the agreement, Kate Therapeutics’ shareholders are entitled to receive up to $1.1 billion, in a combination of upfront cash and potential milestone payments. The exact amount of the upfront payment was not disclosed. San Diego-based Kate Therapeutics is a patient-focused biotechnology company developing adeno-associated virus-based gene therapies to treat genetically defined muscle and heart diseases. Kate is focused on preclinical programs aimed at Duchenne muscular dystrophy,... Read More »
LiquidAgents Healthcare Buys Certain Assets of Republic Health Resources
Plano, Texas-based LiquidAgents Healthcare has announced the acquisition of all travel nursing assets from Irving, Texas-based Republic Health Resources, which specializes in connecting healthcare professionals with opportunities across the United States. The terms of the deal were not disclosed. Republic Health Resources will remain a standalone brand, operating independently. As part of a strategic shift, Republic is exiting the travel nursing and allied business. LiquidAgents Healthcare is a healthcare staffing agency with more than two decades of experience in placing qualified nursing and allied professionals in travel, staff and local positions, among others. LiquidAgents... Read More »
SIS Expands Capabilities With Surgical Notes Acquisition
Alpharetta, Georgia-based Surgical Information Systems (SIS) announced on November 19 the acquisition of Surgical Notes, based in Dallas, Texas. Surgical Notes is the premier revenue cycle management and billing services partner for the ambulatory surgery center (ASC) and surgical hospital markets. The company’s teams with ASC-specific experience provide scalable billing, transcription, coding and document management services and solutions that fully integrate with all leading ASC practice management systems. SIS is a leading software company within the U.S. specialty provider market offering end-to-end clinical and workflow solutions for ASCs. Its cloud-based software... Read More »
Strive Compounding Pharmacy Adds Leesburg, Virginia Specialty Pharmacy to National Network
Strive Compounding Pharmacy has announced the successful completion of an acquisition of The Compounding Center (TCC), strengthening its national pharmacy network. TCC is a specialty pharmacy in Leesburg, Virginia that prepares custom compounded medications and offers medical equipment and home health supplies. Headquartered in Gilbert, Arizona, Strive Compounding Pharmacy is a specialty pharmacy with locations across the United States. This strategic move further solidifies Strive Compounding Pharmacy’s commitment to expanding access to high-quality, patient-specific medications nationwide. Financial terms of the deal were not disclosed. “Strive Compounding... Read More »
Folsom, CA Medical Outpatient Property Sells at Nearly Twice Its Previous Value
According to a November 18 press release, a multi-tenant medical outpatient building (MOB) in Folsom, California sold for $7.5 million, nearly $3 million more than its last sale in 2016. The property is a 20,086-square-foot MOB constructed in 2007. It is fully leased to tenants including CGT Global (formerly StemExpress), Folsom Orthopaedics & Sports Medicine and Hanger Prosthetics & Orthotics West. CGT Global, which appears to operate its headquarters from this site, anchors the building. The building is one of nine within the Willow Creek Medical Office Park, situated close to Dignity Health’s Folsom hospital. The price was slightly more than $373 per square... Read More »Schedule a demo
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