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
Why Invest In The Nephrology Market
Historically, nephrology has not seen a large amount of investment activity. In the past few years, there have only been a handful of transactions. According to data captured in the LevinPro HC database, in 2021 there were only five transactions. In 2022, there were eight and in 2023 there were nine transactions. The first six weeks of 2024 have not seen any nephrology acquisitions. While deal volume is on the lower end, nephrology is an emerging market with lots of exciting opportunities for investors. In June 2023, Cain Brothers estimated the chronic kidney care industry to be worth $145 billion, so it’s a sizable industry with plenty of capital and opportunities for growth. The... Read More »
Four Corners Property Trust Acquires MOB in Tennessee
Four Corners Property Trust announced the acquisition of a medical office building (MOB) housing a Baptist Medical Group (BMG) primary care practice for $9.7 million. The transaction was priced at a 6.9% cap rate on rent as of the closing date and exclusive of transaction costs. The BMG property is located in a highly trafficked corridor in Tennessee and is corporate-operated under a long-term, triple-net lease with approximately 10 years of term remaining. BMG is the Mid-South’s largest integrated not-for-profit multispecialty physician practice, with more than 500 expert primary and specialty care doctors practicing throughout West Tennessee, North Mississippi and East Arkansas.... Read More »
Affidea Acquires Three Explora Group Clinics in Romania
Affidea, a Pan-European medical services provider, announced that it is expanding its presence in Romania with the acquisition of three Explora Group clinics. Explora Group is medical provider in the northern region of the country, offering advanced diagnostic imaging examinations and a comprehensive range of medical consultations. Affidea, formerly known as Euromedic, provides advanced diagnostic imaging, outpatient and cancer care services. Founded in 1991, Affidea’s network reaches 355 centers across 15 European countries, working with more than 11,200 professionals and seeing more than 11 million patients every year. “In response to the growing demand for medical services in the... Read More »
CBRE Announces Closing of Irving, Texas MOB
CBRE Group, Inc.’s U.S. Healthcare Capital Markets announced the closing of Baylor Irving MOB III, a medical office building (MOB) in Irving, Texas. Irving Hospital Authority is listed as the acquirer in the deal, and Madison Marquette is the seller. The property is a Class A, 54,941-square-foot medical outpatient MOB positioned on the campus of the 293-bed Baylor Scott & White Medical Center – Irving, an acute care hospital. The recently developed property is currently 68% occupied by five tenants including an investment grade-credit health system, regional physician groups and private practices. Approximately 22% of the property is leased to HealthTexas Resource Network, a... Read More »
Cotiviti Announces Recapitalization with KKR and Veritas Capital
Cotiviti announced that it has entered into a definitive agreement to recapitalize the business with affiliates of its long-standing partner Veritas Capital and investment funds managed by KKR. Cotiviti is a healthcare analytics company based in Wilton, Connecticut. The company also supports the retail industry with data management and recovery audit services that improve business outcomes. Veritas Capital is a private equity firm which invests in companies that provide critical products and services, primarily technology and technology-enabled solutions to the aerospace and defense, healthcare, technology, communications, energy and education industries. KKR is a leading global investment... Read More »
TruDoc Healthcare Acquires Wellthy Therapeutics
TruDoc Healthcare announced that it has acquired Mumbai, India-based Wellthy Therapeutics, Asia’s leading clinically validated chronic disease management platform. Founded in 2011 in the United Arab Emirates, TruDoc is a telehealth and virtual care provider, including virtual clinics and hospitalist programs for telemonitoring for acute and chronic care. Private equity firm Pulsar Capital acquired a majority stake in TruDoc in September 2023. The integration of Wellthy Therapeutics’ behavioral science and digital therapeutic solutions with TruDoc’s virtual and in-home healthcare services ensures round-the-clock access to high-quality care, tailored treatment plans and... Read More »
Norton Healthcare Partners With Bowling Green Internal Medicine & Pediatric Associates
Louisville, Kentucky-based Norton Healthcare announced the acquisition of Bowling Green Internal Medicine & Pediatric Associates (BGIMP). BGIMP is a medical practice in Bowling Green, Kentucky which specializes in the care of infants, children and adolescents. According to its website, the practice has nine providers on staff. Norton Healthcare serves adult and pediatric patients from throughout Greater Louisville, Southern Indiana, Kentucky and beyond. The not-for-profit hospital and health care system is Louisville’s second-largest employer, with more than 20,000 employees, more than 1,750 employed medical providers and more than 3,000 total physicians on its medical... Read More »
Sentrex Health Solutions Expands Services with Acquisition of PerCuro Clinical Research
Sentrex Health Solutions announced the acquisition of PerCuro Clinical Research, a full-service specialty pharmacy and healthcare services provider based in Victoria, Canada. PerCuro Clinical Research provides infusion services, clinical research and advanced nursing care. The company treats patients across several therapeutic areas, including inflammatory bowel disease, liver disease, neurology, dermatology and rare diseases. Established in 2003, PerCuro partners with healthcare providers on Vancouver Island, bringing healthcare services closer to physicians and patients. Sentrex Health Solutions Inc. is a Canadian healthcare company based in Markham, Ontario. The company... Read More »
