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First Coast Cardiovascular Institute Partners With CardioHealth
First Coast Cardiovascular Institute (FCCI), a Cardiovascular Logistics partner practice, has joined forces with CardioHealth. Together, they aim to advance cardiovascular care across Northeast Florida. CardioHealth is a Jacksonville, Florida-based cardiovascular practice that specializes in delivering exceptional care to patients with hypertension, congestive heart failure, atrial fibrillation and valvular heart disease. According to its website, the practice has one provider on staff. FCCI offers cardiovascular medicine, sleep medicine, pulmonology and amputation prevention to residents in Northeast Florida and Southern Georgia. In this partnership, FCCI will integrate... Read More »
SightMD New York Acquires Clearview Eye Surgery
SightMD New York announced on January 25 that it acquired Clearview Eye Surgery. Clearview Eye Surgery provides eye surgery services out of three locations in New York. According to its website, the practice has five providers on staff. Part of SightMD’s network, which is backed by Chicago Pacific Founder, SightMD New York is an integrated ophthalmic provider group, offering patients access to more than 80 eye care providers through the convenience of more than 40 locations across New York. This is SightMD’s first acquisition of 2024. The financial terms were not disclosed. According to data captured in the LevinPro HC database, this acquisition... Read More »
Medical Mutual Acquires Paramount Health from ProMedica
Medical Mutual announced on January 29 that it entered into an agreement to acquire Paramount Health Care from ProMedica. Paramount Health Care is a health insurance company located in Ohio. Established in 1988, Paramount offers insurance products to individuals and employers across six Midwest states and serves more than 77,000 health plan members and 308,000 dental plan members. Medical Mutual is one of the largest health insurance companies in Ohio, serving more than 1.6 million members with group and personal health insurance plans, and third-party administrative services to self-insured group customers. ProMedica is a not-for-profit health and well-being organization... Read More »
Humana Takes Hit in 2024 Amid Surge in Medical Costs
Humana announced its earnings and revenue for the fourth quarter of 2023 on January 25, 2024. The company reported $106.4 billion in revenue and $2.5 billion in profit for the full year 2023. While revenue grew about 15% compared to 2022, when it reported $92.9 billion, profits declined slightly year-over-year from $2.8 billion. The health insurer is bracing for an “unprecedented” surge in medical costs, impacting its earnings throughout 2024 and also putting its 2025 profit target of $37 per share out of reach. Medical costs for health insurers were elevated during 2023, and picked up even more during Q4 as people, especially older adults, returned to the hospitals... Read More »
Northwell Health Acquires 2 Dental Practices
Northwell Health announced that it purchased two dental practices in New York for an undisclosed price. Distinctive Dental Services of New York, PC is based in Great Neck, New York. According to its website, the practice has five physicians on staff. Leonard Patella, DDS is a dentist operating out of Garden City, New York. Dr. Patella is the only provider on staff. Northwell Health, which changed its name from North Shore-LIJ Health System in 2015, is New York state’s largest healthcare provider and private employer. It has 23 hospitals, more than 830 outpatient facilities in the New York MSA and more than 79,000 employees as of 2022. The new locations expand... Read More »
Sciensus Acquires Cancer Patient Support Tool Vinehealth
Sciensus announced that it has reached an agreement to acquire Vinehealth, a market-leading cancer patient and physician support tool. The addition of Vinehealth further expands Sciensus’s digital platform. Vinehealth is a cancer support app that empowers cancer patients by enabling them to track, manage and understand their symptoms. The platform creates valuable connectivity with clinical stakeholders, generating actionable insights to optimize clinical decision-making and treatment management. Sciensus is a pharmaceutical services business established in 1992. The company manages the complex medicine needs of more than 250,000 chronic, rare and cancer patients in the United Kingdom and... Read More »
HEALWELL AI Acquires Intrahealth From WELL Health Technologies
HEALWELL AI announced on January 25 that it is acquiring 100% of the shares outstanding of Intrahealth from WELL Health Technologies for a total consideration of approximately $24.2 million. A majority of the consideration is expected to be paid in HEALWELL Class A subordinate voting shares. The transaction is expected to close on or about February 1, 2024. Intrahealth is a privately held company that develops, licenses, supports and sells electronic health record (EHR) software, medical practice management software and related services. The company provides services to small and medium enterprise healthcare organizations across Canada, Australia and New Zealand. Founded in... Read More »
MAX Surgical Specialty Management Acquires 3 Dental Practices
MAX Surgical Specialty Management announced that it made three acquisitions, expanding its presence in New York and Vermont. New York Oral, Maxillofacial, and Implant Surgery operates out of two locations in New York: Scarsdale and Mt. Kisco. According to its website, the practice is run by two providers. Northern Vermont Oral Surgery operates out of one location in Essex Junction, Vermont. According to its website, it has one provider on staff: Dr. William Purdy. Vermont Oral Surgery Associates is based in Burlington, Vermont and has one provider on staff. MAX Surgical Specialty Management provides growth capital and administrative support services to partner oral... Read More »
Premier Health Sells Women’s Health Building in Mason, Ohio
Premier Health announced on January 24 that it has sold the medical office building (MOB) housing Center for Women’s Health and Wellness in Mason, Ohio. The 47,303-square-foot MOB is trading for $4.2 million. Premier Health has plans to relocate following the sale. Premier Health offers five inpatient hospital campuses, eight emergency centers, eight urgent care locations and more than 130 outpatient locations, affiliated primary care and specialty physician offices that provide services across the southwest Ohio region. Center for Women’s Health and Wellness has five employees and will not cut jobs or services once it moves locations. There is currently no firm date or... Read More »Schedule a demo
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