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Advanced Fertility Care Adds Arizona-Based Reproductive Health Center to Network
Advanced Fertility Care (AFC), a member of the Pinnacle Fertility network, announced on December 6 the integration of Reproductive Health Center into its family of fertility care providers. This addition marks a significant step in expanding AFC’s fertility services and care throughout Arizona. Reproductive Health Center is a fertility care provider in Tucson, Arizona. Dr. Scot Hutchison leads the practice as the managing reproductive endocrinologist and infertility specialist. According to its website, the practice has one provider on staff. Founded in 2005, AFC is a fertility center helping individuals and couples achieve their family-building dreams. With multiple... Read More »
Sentara Health Becomes Sole Owner of Velocity Urgent Care
Sentara Health has become the sole owner of Velocity Urgent Care. In conjunction with a third party, Sentara has been working in partnership with Velocity Urgent Care since December 2017 when Sentara transferred operations of seven Sentara Urgent Care facilities in the Hampton Roads area to the Velocity joint venture. Velocity Urgent Care is a Virginia-based urgent care clinic providing extended hours care for illnesses, injuries, aches and pains. Velocity is comprised of 17 urgent care locations across Virginia with nearly 200 employees. It has plans to open a new location in early 2024 in Elizabeth City, North Carolina. Sentara Health is a not-for-profit healthcare organization... Read More »
Transitioning to Value-Based Care: Financial Implications for Providers and Policymakers
Berkeley Research Group, LLC (BRG), a global consulting firm, released a report that details the costs of value-based care (VBC). The report, called “Transitioning to Value-Based Care: Financial Implications for Providers and Policymakers,” was released November 15, 2023 and was prepared by Managing Director John Barkett. The idea behind VBC is straightforward: “hold providers accountable for the total cost and quality of their patients’ care, and providers will redesign their practices in ways that eliminate waste and improve the health of their patients.” While the idea is fairly simple, there are, of course, snags and financial aspects to consider. In the report,... Read More »
Tygon Peak Capital Creates New Healthcare Platform
Tygon Peak Capital announced on December 5 the creation of a new healthcare platform with the acquisition of two internal medicine practices: Internal Medicine Associates of Plano and Doctors of Internal Medicine. Tygon Peak Capital led the investment alongside a partnership with Greyrock Capital Group. Internal Medicine Associates of Plano operates out of two locations in the Dallas MSA. According to its website, the practice is run by 14 physicians. Doctors of Internal Medicine provides internal medicine care for all ages out of two locations in Texas. According to its website, the practice has six physicians on staff. Tygon Peak Capital is a New York City-based private... Read More »
Advanced Psychiatric Group Joins ARC Health
ARC Health, a Thurston Group portfolio company, announced this week its expansion in Florida with its latest acquisition. ARC Health will acquire Advanced Psychiatric Group, an Orlando-based mental health practice providing comprehensive behavioral healthcare services to residents in Central Florida. ARC Health is a mental health specialty services organization supporting psychiatry, psychology and therapy providers in multiple locations throughout the United States. ARC was formed in 2021 in partnership with outpatient mental health provider Advanced Recovery Concepts. This transaction was facilitated by Bayshore Growth Partners, a healthcare-focused M&A advisory firm,... Read More »
National HME Acquires Hospice Source
National HME announced on December 5 that it has acquired Hospice Source, an Irving, Texas-based provider of hospice medical equipment to hospice patients and facilities. National HME is a leading provider of durable medical equipment (DME) solutions and services to hospice and alternate sites of care. This acquisition expands National HME’s footprint, with added capacity to offer services and solutions to hospices and their patients across the United States. Financial terms of the deal were not disclosed. According to data captured in the LevinPro HC database, this acquisition represents the 86th Home Health & Hospice transaction of 2023, as well as the 20th... Read More »
HCA Houston Healthcare Acquires 11 SignatureCare Emergency Centers
HCA Houston Healthcare announced that it acquired 11 emergency centers from SignatureCare Emergency Centers for an undisclosed price. SignatureCare Emergency Centers, is a network of emergency care centers across Texas. The emergency care centers are located in Atascocita, Bellaire, Copperfield, Cypress, Memorial City, Mission Bend, Montrose, Spring, Stafford, Heights and Westchase, Texas. The centers are open 24/7 and provide care for the full continuum of emergency care. HCA Houston Healthcare is part of HCA Healthcare’s Gulf Coast Division, a comprehensive network of hospitals, outpatient surgery centers, emergency centers and diagnostic imaging facilities in... Read More »
imaware Acquires binx health’s Assets
On December 5, imaware announced that it entered into an agreement to acquire binx health’s at-home consumer testing business. binx health is a healthcare technology and diagnostics company focused on innovating solutions to improve routine testing and convenience. Founded in 2005, it is based in Boston, Massachusetts and has an office in Bath, United Kingdom. imaware is a digital health platform company powering home-testing for healthcare brands. Its technology solutions provide patients, providers, employers and brands with access to a digitally-native care model. The model includes logistics, CLIA/CAP-certified laboratory analysis, telehealth support and... Read More »
Private Equity Interest in Pain Management ‘Starting to Heat Up’
More than 20% of American adults suffer from chronic pain, and research from the National Institutes of Health shows that only about 1 in 10 people experience a full recovery within a year. Numbers like these indicate a strong need for improved pain management services – and after years of wariness, many in the private equity community are now showing interest. “It’s a smaller niche market that was, to some extent, overlooked by private equity given its perceived risk in the context of the opioid crisis,” says Eric Major, a Managing Director at Provident Healthcare Partners. But now, he says interest is “starting to heat up.” One possible reason is a growing emphasis on... Read More »Schedule a demo
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