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National Dental Healthcare REIT Expands Footprint Across Eight States
National Dental Healthcare REIT (NDH REIT), a member of the Thurston Group portfolio, has announced the completion of its latest real estate acquisition. The acquisition, finalized on June 28, 2024, includes 13 properties located across New York, Oklahoma, Florida, Texas, Indiana, Ohio, Georgia and Virginia. NDH REIT partners with dental care providers in the general dental and specialty dental fields who own their real estate. NDH REIT was formed in mid-2020 by Thurston Group, a private equity firm focused on investments in healthcare service companies. The acquisition of the properties increases NDH REIT’s total portfolio to 187 properties, with a combined acquisition value of $234... Read More »
Recently Formed Tulip Hill Healthcare Acquires Tennessee Detox Center and Live Again Detox
Tulip Hill Healthcare announced that it has taken a majority ownership stake in two premier detox facilities: Tennessee Detox Center and Live Again Detox. This strategic acquisition marks a significant step in Tulip Hill Healthcare’s ongoing mission to provide addiction treatment services to the communities of Kentucky and Tennessee. Financial terms of the deal were not disclosed. Tennessee Detox Center is a private stand-alone drug detox and alcohol detox located in the Nashville MSA. Focusing on safe and comfortable medical detoxes, Tennessee Detox Center also offers residential rehab to provide clients with everything they need for long-term sobriety. The facility offers a relaxed... Read More »
Cushman & Wakefield Arranges Acquisition Financing for MOB Portfolio in Paducah, Kentucky
Cushman & Wakefield announced that it represented investor Montecito Medical Real Estate in securing $15 million in bank financing for a medical outpatient building (MOB) portfolio in Paducah, Kentucky. The acquired assets include two MOBs in Paducah, Kentucky. The two-building portfolio consists of 100 Clint Hill Boulevard, which totals 18,610 square feet, and 200 Clint Hill Boulevard, which totals 43,346 square feet, on approximately 14 acres near U.S. Highway 62 and Interstate 24. It is fully occupied by Mercy Health-Lourdes Hospital LLC, an affiliate of Bon Secours Mercy Health. Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding.... Read More »
Grosvenor Health and Social Care Acquires Esteem Care Holdings in Multimillion-Pound Deal
U.K.-based home care provider, Esteem Care Holdings, has been sold to Grosvenor Health and Social Care. Esteem Care Holdings provides more than 7,150 care hours weekly to 620 clients through a team of 250 care staff. With branches in Manchester, Leeds, Carlisle, Kendal, Dumfries and Stranraer, Esteem Care’s team focuses on personalized care, with the goal of eliminating loneliness, promoting good nutrition and enhancing safety at home. Grosvenor Health and Social Care is a U.K.-based provider of health and social care services intended for young adults and the elderly. The company offers personal health support, domiciliary care, homecare, as well as quick discharge services across the... Read More »
Hospice of the Western Reserve Completes Affiliation With Hospice of North Central Ohio
Hospice of the Western Reserve announced that it has completed its affiliation with Hospice of North Central Ohio (HNCO), expanding its geographic presence in Ohio. Headquartered in Ashland, Ohio, HNCO is a non-profit, community-oriented organization serving the Ashland, Crawford, Huron, Knox, Morrow, Richland and Wayne counties. Headquartered in Cleveland, Ohio, Hospice of the Western Reserve provides palliative end-of-life care, caregiver support and bereavement services throughout Northern Ohio. The organization is a subsidiary of Western Reserve Care Solutions (WRCS), a nonprofit community-based agency focused on supporting individuals with advanced chronic disease and terminal... Read More »
AmeriPro Health Expands Services in Michigan with Acquisition of Rapid Response EMS
AmeriPro Health, an Atlanta-based leader in patient logistics and last-mile healthcare delivery services, announced on August 1 that it has acquired Rapid Response EMS. Based in Romulus, Michigan, Rapid Response EMS provides emergent and non-emergent ambulance and wheelchair patient transport services in Michigan. Founded in 2018, AmeriPro Health is a tech-enabled, medical transportation and patient logistics platform that serves a diverse group of leading health systems and communities across Florida, Georgia, Indiana, Kentucky, Michigan, Mississippi, South Carolina and Tennessee. The company’s portfolio comprises emergency and critical care services, non-emergency medical... Read More »
Eximia Research Acquires Tidewater Clinical Research
On July 31, Eximia Research announced that it acquired Tidewater Clinical Research, a contract research organization (CRO) that is based in Norfolk, Virginia. Since 1994, Tidewater Clinical Research has been at the forefront of women’s health research in the Hampton Roads/Eastern Virginia region. With a substantial patient database and a strong network of investigators, Tidewater has conducted numerous clinical trials that have significantly advanced medical knowledge and patient care. Eximia is a multi-site, multi-therapeutic, clinical research site network serving pharmaceutical, biotech companies and CROs and providing Phase I-IV research services across a diverse... Read More »
TowerBrook Capital Partners and Clayton, Dubilier & Rice Acquire R1 RCM for $8.9 Billion
On August 1, TowerBrook Capital Partners and Clayton, Dubilier & Rice (CD&R) announced that they entered into an agreement to acquire R1 RCM Inc. for $8.9 billion. R1 RCM Inc. is a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers. The revenue cycle management (RCM) company operates models seamlessly to complement a healthcare organization’s infrastructure, quickly driving sustainable improvements to net patient revenue and cash while driving revenue yield, reducing operating costs and enhancing the patient experience. With offices in London and New York, TowerBrook is a private... Read More »
