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Net Health Bolsters Patient Engagement with Alinea Engage Acquisition
Pittsburgh, Pennsylvania-based Net Health announced that it has acquired Alinea Engage, headquartered in Milwaukee, Wisconsin. As part of Net Health, Alinea will help clients deliver care through patient engagement and increase revenue by improving reimbursement efficiency through revenue cycle automation and the reduction of claims denials. Alinea Engage provides web-based, enterprise-level automation and patient engagement software for private and senior rehabilitation therapy providers. Alinea reduces the administrative burden on clinicians, increases the capacity of revenue cycle and compliance teams and engages patients, responsible parties and families. Net Health, a portfolio... Read More »
Ascend Capital Partners Acquires Majority Stake in Unison Therapy Services
Ascend Capital Partners announced on January 8 that it has acquired a majority stake in Unison Therapy Services, based in Walnut Creek, California. This acquisition is the latest investment out of Ascend Capital Partners’ Fund II. Founded in 1989, Unison Therapy Services is a multi-disciplinary provider of therapy services for children with developmental and speech delays, autism, social and emotional developmental needs and behavioral challenges. Unison’s network of clinicians works collaboratively to satisfy a child’s special education needs across multiple therapeutic services including speech therapy, behavioral health, psychology and physical and occupational therapy. Ascend Capital... Read More »
AEI Capital Acquires Chicago, Illinois Medical Outpatient Building for $7.51 Million
On January 8, AEI Capital Corporation announced that it made its first acquisition of 2025 with the purchase of a Chicago, Illinois medical outpatient building (MOB). The purchase price is $7.51 million. The MOB encompasses 25,000 square feet. The property is leased by an affiliate of Advocate Health, a not-for-profit healthcare organization that includes hospitals, standalone emergency departments, behavioral health services, skilled nursing facilities, rehabilitation services and urgent care centers throughout the greater Chicago MSA. The price of the MOB totals $300 per square foot. AEI brings decades of net lease property ownership expertise to the creation and... Read More »
Lehigh Valley Health Network Acquires 30-Physician Gastroenterology Practice
Lehigh Valley Health Network (LVHN) announced it was strengthening its foothold in Pennsylvania with the acquisition of Eastern Pennsylvania Gastroenterology and Liver Specialists (EPGI). EPGI maintains four locations in Pennsylvania located in the Lehigh, Northampton, Monroe and Lackawanna counties. In addition to providing colonoscopy and advanced endoscopy services, EPGI clinicians treat a broad range of gastrointestinal illnesses, including gastroesophageal reflux disease, inflammatory bowel disease and celiac disease. According to the press release, there are nearly 30 physicians on staff. LVHN includes eight hospital campuses, more than 140 physician practices, 21 urgent... Read More »
Boston Scientific Announces its First Transaction of 2025 for $443 Million
Boston Scientific announced its first deal of 2025. On January 8, Boston Scientific reported that it was acquiring the remaining 74% stake of Bolt Medical for $443 million, plus potential regulatory milestone payments of up to $221 million. Bolt Medical is based in Carlsbad, California. It is a developer and manufacturer of an intravascular lithotripsy advanced laser-based platform for treating coronary and peripheral artery disease. The company is concurrently studying three unique catheter platforms for various arterial vessel beds. Boston Scientific helped establish Bold Medical in 2019 and prior to this transaction owned a 26% stake in the company. With headquarters... Read More »
Stryker Kicks Off 2025, Striking $4.9 Billion Inari Medical Deal
Medical device maker Stryker Corp. kicked off 2025 with a massive transaction. The Kalamazoo, Michigan-based company announced that it has agreed to acquire Inari Medical, headquartered in Irvine, California. Under the terms of the deal, which was first reported by Reuters on January 6, 2024, Stryker will pay $80 per share for Inari. The all-cash deal is worth $4.9 billion. Founded in 2013, Inari Medical Inc is a maker of devices and systems that treat patients suffering from a variety of blood clot conditions including pulmonary embolism, deep vein thrombosis and in-stent thrombosis, which occurs when blood clots form in the devices used to prop open coronary arteries that have been... Read More »
Swoop Expands Patient-Centric Engagement with MyHealthTeam Acquisition
New York-based Swoop announced on January 7 its acquisition of MyHealthTeam for an undisclosed price. MyHealthTeam is the creator of one of the largest and highly engaged patient social networks in healthcare, offering more than 62 condition-specific communities to support patients with chronic and rare conditions. These platforms empower millions of opted-in patients nationwide to connect, share resources and access medically verified information to better manage their health. Swoop provides artificial intelligence-driven, precision healthcare omnichannel solutions dedicated to protecting consumer privacy and improving patient outcomes. “We acquired MyHealthTeam – a leading opted-in... Read More »
Novant Health Acquires Southeastern Spine Institute
Novant Health, based in Winston-Salem, North Carolina, announced that it acquired Mount Pleasant, South Carolina-based Southeastern Spine Institute (SSI) for an undisclosed price. Since it was established in 1990, SSI has provided a wide range of spine procedures, including surgery and nonsurgical care, rehabilitation, pain management, physical therapy and advanced imaging. More than 50% of SSI’s patients are from outside the greater Charleston, South Carolina area. SSI is located in a 65,000-square-foot facility on the campus of East Cooper Medical Center. According to its website, the practice has six providers on staff. Novant Health is a not-for-profit... Read More »
