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
Palm Primary Care Strengthens North Texas Presence With MetHealth PA Acquisition
Fort Worth, Texas-based Palm Primary Care, part of the MBF Healthcare Partners II, L.P. portfolio, announced on September 4 the acquisition of MetHealth PA. MetHealth PA is a multi-physician primary care practice in Haltom City, Texas. The practice is led by Dr. Mai V Hoang and Dr. Tuan H. Nguyen, two family medicine physicians who have served the area for more than 20 years. Founded in 2013, Palm Medical Centers is a provider of value-based primary care services operating a total network of 44 medical centers in Florida and Texas. Palm Medical Centers serves more than 80,000 combined patients under value-based arrangements with health plans offering Medicare Advantage, managed Medicaid... Read More »
HREA Advises on ASC and MOB Transaction
On August 31, HREA – Healthcare Real Estate Advisors announced the sale of an outpatient ambulatory surgery center (ASC) and medical outpatient building (MOB). The ASC is based in Vestavia, Alabama and the MOB is in Montgomery, Alabama. Both the MOB and ASC are 100% leased by Surgical Dermatology Group (SDG). In 2023, SDG partnered with AQUA Dermatology, one of the largest full-service skincare providers in the Southeast, with more than 100 locations and 200 providers to meet the demand of the rapidly expanding healthcare market. AQUA Dermatology is backed by Gryphon Investors and GTCR, two leading middle-market private equity firms with a combined $33 billion of assets... Read More »
The US Oncology Network Expands Deeper into Central Illinois
The US Oncology Network announced on September 3 its acquisition of Illinois CancerCare (ILCC). ILCC is an oncology practice that is headquartered in Peoria, Illinois, with 13 additional locations across the state. ILCC provides medical oncology, diagnostic tests, laboratory services, targeted, biological and hormonal therapies, supportive care services and genetic counseling and testing, as well as cutting-edge clinical trials. According to its website, there are 21 physicians, 37 advanced practice providers and nearly 100 nurses on staff. Supported by McKesson Corporation, The US Oncology Network provides doctors with access to coordinated resources, best business practices... Read More »
Samsung Medison Completes Acquisition of French AI Startup Sonio
Sonio, the MedTech company specializing in women’s and children’s health, has announced the official approval by the French Ministry of the Economy and Finance of the acquisition of 100% of shares by Samsung Medison. Established in 2020 to enhance women and children’s health globally through medical advancements, Sonio has developed IT solutions and AI assistant features for obstetrics and gynecology ultrasound that assist medical professionals in the evaluation and documentation of ultrasound exams. It is based in Paris, France and has an office in New York, New York. Samsung Medison, an affiliate of Samsung Electronics, is a global medical equipment company founded in 1985. It is based... Read More »
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 »
