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BayCare Health Acquires 49-Physician Health Clinic
Clearwater, Florida-based BayCare Health System has announced that it is acquiring Gessler Clinic, a physician-owned medical group, effective December 2, 2023. Gessler Clinic is based in Winter Haven, Florida. The clinic has 49 physicians covering 24 specialties, according to its website. BayCare Health is a not-for-profit healthcare system that operates 16 hospitals and hundreds of outpatient locations throughout the Tampa Bay and central Florida regions. Most of the Gessler Clinic providers and team members will join BayCare, including BayCare Medical Group, Tampa Bay’s leading multi-specialty group. Financial terms of the deal were not disclosed. According to data... Read More »
Principle Health Systems Acquires BioStat Laboratory in Dallas
Principle Health Systems announced on November 20 the strategic acquisition of BioStat Laboratory for an undisclosed price. Founded in 2017, BioStat Laboratory provides comprehensive laboratory testing and mobile imaging in the Dallas MSA. Principle Health Systems is a healthcare service firm that offers medical diagnostics, pharmacy and laboratory testing services. The company specializes in mobile laboratory services for long-term care and home health patients, Principle Health Systems currently covers six major markets in Texas. James Dieter, CEO of Principle Health Systems, expressed enthusiasm about the acquisition, stating, “We are thrilled to welcome BioStat... Read More »
Alo Expands Avance Care Presence with Addition of Durham Family Medicine
Alo Solutions is continuing its growth by adding Durham Family Medicine to its lineup of primary care practices operating under the Avance Care banner. The addition marks the third Avance Care location in Durham and 33rd in North Carolina. Durham Family Medicine is a patient-centered medical practice located in Durham, North Carolina that specializes in family medicine. According to its website, the practice has one provider and three family nurse practitioners on staff. Alo is a physician enablement platform that provides solutions designed to support long-term practice sustainability. The company is headquartered in Durham, North Carolina and currently supports more than 30... Read More »
American Shared Hospital Services Expands Rhode Island Presence
American Shared Hospital Services (AMS) announced that it purchased two radiology practices from GenesisCare USA, Inc. Southern New England Regional Cancer Center, LLC provides radiology care from two locations in Rhode Island. The Woonsocket location does business as Landmark Radiation Therapy and the Warwick location does business as Maddock Radiation Therapy. There are three providers on staff. ProspectCharterCARE, LLC, which does business as Roger Williams Radiation Therapy, LLC, has one location in Providence, Rhode Island. According to its website, the radiology practice has one provider on staff. AMS provides turnkey technology solutions for advanced... Read More »
Merck Buys Caraway Therapeutics
On November 21, Merck & Co., Inc. announced that it was acquiring Caraway Therapeutics, a biotechnology company based in Cambridge, Massachusetts. The addition of Caraway Therapeutics will broaden Merck’s preclinical pipeline with a selection of programs aimed at Parkinson’s disease and beyond. Merck, through a subsidiary, will buy Caraway for a total potential consideration of up to $610 million, including an undisclosed upfront payment as well as contingent milestone payments. The upfront payment will be expensed by Merck in the fourth quarter of 2023 and included in non-GAAP results. Caraway Therapeutics’ approach leverages genetic data and unique biological... Read More »
Thrive Precision Health Announces Acquisition of Heal Diabetes
Thrive Precision Health announced on November 17 that it has entered into an agreement to acquire Heal Diabetes, which operates two diabetes clinics in Hawaii. The clinics are located in Honolulu and Waianae and have treated more than 350 patients in 2023. Thrive Precision Health, formerly Thrive Global Biosafety and China New Energy Group Company, is building a global diabetes care powerhouse. The company is starting or acquiring healthcare clinics specializing in diabetes care and bringing in cutting-edge technologies to to improve the quality of care provided at the clinic. Thrive Precision Health, alongside its subsidiary Thrive Testing and Biosafety Inc., will acquire the two... Read More »
Halma Strengthens Healthcare Sector with Acquisition of TeDan Companies
Halma, a global group of life-saving technology companies, is bolstering its Healthcare sector with a large acquisition. Halma announced on November 20 that it is acquiring the TeDan group of companies, comprising the separate companies of TeDan Surgical Innovations, Inc., West Coast Surgical, LLC, Axcess Surgical Innovations, LLC and TeDan Surgical Innovations GmbH. Headquartered in Sugar Land, Texas, just southwest of Houston, TeDan is a global leader in innovative surgical access systems. It develops, manufactures and supplies to surgeons for use in a range of acute therapeutic procedures. Its primary market is access systems for spinal surgery, and the United States... Read More »
ArchiMed Expands Clinical Research Organization Portfolio
ArchiMed announced it has acquired two clinical contract research organizations (CRO): Port Jefferson, New York-based Symbio, LLC and Proinnovera GmbH, in Munster, Germany. According to data captured in the LevinPro HC database, this transaction marks the 37th CRO acquisition of the year. Between January 1, 2022, and November 17, 2022, there were also 37 CRO transactions announced, showing a healthy and stable CRO market. Symbio offers expertise in proof-of-concept, medical devices and Phase 1 – Phase 4 clinical studies and has completed more than 200 clinical studies to date. Proinnovera was founded in 1997. It serves more than 100,000 patients across more than 4,500... Read More »
Fairfax Radiology Centers Acquires Association of Alexandria Radiologists
Fairfax Radiology Centers, LLC announced on November 16 that it is expanding its imaging services with the addition of Association of Alexandria Radiologists to its portfolio. Association of Alexandria Radiologists is an imaging practice with locations in Alexandria and Woodbridge, Virginia. According to its website, the practice has 29 radiologists on staff. Fairfax Radiology Centers is a provider of radiology services that serves the Washington, D.C. MSA. It was established in 1965 and is one of the largest private radiology providers in the area. According to its website, it has more than 90 physicians on staff and operates out of 19 locations. Following the... Read More »Schedule a demo
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