Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 40
Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 121
U.S. Physical Therapy Announces Third Acquisition of 2024
On September 3, U.S. Physical Therapy, Inc. announced the acquisition of a physical therapy and hand therapy practice in Pennsylvania. The practice has eight clinic locations across the state, which currently generate approximately $5.5 million in annual revenues. Founded in 1990, U.S. Physical Therapy, Inc. operates more than 680 outpatient physical therapy clinics in 42 states. The company’s clinics provide preventive and post-operative care for a variety of orthopedic-related disorders and sports-related injuries, treatment for neurologically-related injuries and rehabilitation of injured workers. U.S. Physical Therapy acquired a 70% interest in the target with the current owners... Read More »
VION Biosciences Acquires Second Company in August 2024
VION Biosciences announced on August 29 its second transaction of the month with the acquisition of Texas-based Ansh Labs. Earlier in the month, VION acquired Echelon Biosciences, a Salt Lake City-based company that specializes in producing high-quality reagents and assays for the life sciences research community. The Ansh acquisition alongside the Echelon Biosciences acquisition, as well as the August 2023 acquisition of Aldon Corporation brings VION’s employee roster to nearly 100 employees. Ansh Labs is a Texas-based company that focuses on the development, production and distribution of high-quality immunoassay kits and reagents for research and clinical diagnostics. The... Read More »
beBright Acquires Kelson Orthodontics
beBright, backed by New York-based private equity firm InTandem Capital Partners, announced the acquisition of Kelson Orthodontics for an undisclosed amount. Founded by Dr. Chris Kelson, Kelson Orthodontics is based in Meridian, Ohio, which is a suburb of Boise. As the only provider on staff, Dr. Kelson is supported by a team of three employees. beBright is a doctor-owned and -led pediatric dentistry and orthodontic services organization based in Minnetonka, Minnesota. The company was created by InTandem Capital Partners in June 2023. This transaction represents beBright’s second acquisition of 2024. In July 2024, the company purchased Expedition Pediatric Dentistry... Read More »Specialty1 Partners Acquires Northeastern Endodontic Specialists
Specialty1 Partners, backed by private equity firm VSS Capital Partners, announced the acquisition of Northeastern Endodontic Specialists. Based in Wooster, Ohio, Northeastern Endodontic Specialist has been providing endodontic care to its community since 2011. According to its website, the practice has two providers on staff: Dr. Micah Nuzum and Dr. Stephen Balzer. The physicians are supported by a team of six employees. Specialty1 Partners is the parent company of dental surgical-based partnerships Endo1 Partners, Perio1 Partners and OS1 Partners. It maintains and scales practices for optimal performance in order to transform goals into reality. Specialty1 has... Read More »
Durham-Based PatientPay Merges with ClearGage
Durham, North Carolina PatientPay announced that it has closed its merger with Tampa, Florida-based ClearGage. The combined company will continue under the PatientPay name, with PatientPay CEO Tom Furr remaining in his role. ClearGage is a healthcare payment technology company dedicated to making patient responsibility more transparent and affordable for everyone. Founded in 2009 by a team of experts from healthcare, employee benefits and payment processing industries, ClearGage was created to address the growing need for healthcare payment solutions with a consumer-driven experience. ClearGage’s tools provide comprehensive coverage for the entire patient revenue cycle management... Read More »
ATL Technology Picks Up Complex Catheter Specialist MDCM Solutions
Springville, Utah-based ATL Technology has announced its acquisition of MDCM Solutions. According to data captured in the LevinPro HC database, this transaction represents the 21st contract development and manufacturing organization (CDMO) transaction of 2024. There were 21 CDMO deals announced during 2023, and 38 announced during 2022. MDCM Solutions is a medical device contract manufacturing company based in Maple Grove, Minnesota. The company specializes in complex catheter technologies used to manufacture minimally invasive medical devices. ATL Technology is a global leader in medical device CDMO services. The company offers custom disposable medical cables and devices, custom medical... Read More »
Notable eHealth M&A Activity of 2024, So Far
The eHealth sector has witnessed a flurry of high-stakes M&A activity in 2024, with billion-dollar deals dominating the headlines. While the overall eHealth deal volume has dipped by 18% compared to the same period last year (155 deals versus 187 announced between January 1, 2023, and August 26, 2023), the sector has still attracted substantial investment, with announced spending reaching more than $17 billion year to date. The recent decline in deal volume follows a peak in 2021 (366 deals), and significant deal activity in 2022 (325 deals) and 2023 (274 deals), reflecting a shift from the rapid expansion during the early pandemic years to a more stabilized and strategically focused... Read More »
McKesson Acquires CORE Ventures for $2.49 Billion
McKesson Corporation, based in Irving, Texas, announced that it entered into an agreement to acquire Community Oncology Revitalization Enterprise Ventures, LLC (Core Ventures) for $2.49 billion, representing approximately 70% ownership. Core Ventures is a management services organization. It was established by Florida Cancer Specialists & Research Institute, LLC (FCS), a leading physician-owned community oncology practice. FCS is an oncology practice with more than 250 physicians and 280 advanced practice providers, across nearly 100 locations in Florida. McKesson Corporation distributes pharmaceuticals and provides health information technology, medical supplies and care... Read More »
Behind the Deal: PGP Advises On CVAUSA Acquisition
Physician Growth Partners (PGP), a physician-focused advisory firm based in Chicago, Illinois, recently played a major role in the acquisition of two physicians by Cardiovascular Associates of America (CVAUSA). The two physicians, Drs. Ken Zelnick and Kathir Subramanian, offer high-quality cardiology services out of Fort Lauderdale, Florida. Along with two other unnamed providers, Drs. Zelnick and Subramanian deliver comprehensive diagnostic, medical and procedural services. CVAUSA, formed by Waltham, Massachusetts-based private equity firm Webster Equity Partners in 2021, is a physician management services organization. Through CVAUSA’s physician-centered... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
