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The Walk-In Medical Clinic of Linden Acquires Averett Medical Group
The Walk-In Medical Clinic of Linden has acquired Averett Medical Group in Linden, Tennessee. According to data captured in the LevinPro HC database, this transaction represents the 30th health clinic acquisition of 2023. Averett Medical Group is physician-owned medical clinic offering services to walk-in and appointment patients alike. The clinic offers a diverse range of services from primary care to specialty and sub-specialty care. The Walk-In Medical Clinic of Linden is a Medicare-certified rural health clinic that has been providing the residents of Perry County with healthcare for all ages since 2013. The entire staff of Averett Medical Group will combine with the... Read More »
Consensus Health Acquires 5 New Jersey Practices
Consensus Health announced on November 6 that it expanded its presence in New Jersey with the addition of four internal medicine practices and one pediatrics practice. Sea Girt Medical Associates operates out of one Manasquan, New Jersey location. Internal Medicine Associates of Bridgeton is based out of its Bridgeton, New Jersey location. The practice of Dr. Dominic Mazzocchi operates out of Point Pleasant, New Jersey. Dr. Steven Somogyi is an internal medicine practitioner operating a practice in Perth Amboy, Jew Jersey. With the addition of these practices, Consensus Health has added 12 internal medicine physicians to its network. The pediatrics practice,... Read More »
PE-Backed Laboratoire X.O Acquires nimodipine
Laboratoire X.O, backed by European mid-market private equity firm Stanley Capital Partners, announced on November 6 that it purchased nimodipine from Bayer AG, a German biopharmaceutical company. nimodipine is a second-generation calcium channel blocker designed to prevent and treat cerebral vasospasm following an aneurysmal subarachnoid hemorrhage. nimodipine is sold and marketed under the brand name Nimotop. Laboratoire X.O is a pharmaceutical company that specializes in mature market authorizations to sell and market drugs across various therapeutic areas such as pain, central nervous system, cardiology, oral care and women’s health. It is based in Paris, France. The... Read More »
PE-Backed Everest Clinical Research Acquires August Research
Everest Clinical Research, a portfolio company of Washington, D.C.-based private equity firm Arlington Capital Partners, announced on November 7 that it acquired Sofia, Bulgaria-based August Research. August Research is a contract research organization (CRO) that provides clinical trial services (CTS) and pharmacovigilance services to a variety of pharmaceutical and biotechnology clients. The CRO has worked on more than 120 projects for Phase I-IV clinical trials across multiple therapeutic areas including cardiovascular, infectious disease, oncology and rare disease. Everest Clinical Research is a full-service CRO providing a range of expertise-based clinical research services... Read More »
Surescripts Acquires Cost-Focused Prescription Startup ActiveRADAR
Arlington, Virginia-based Surescripts announced that it has acquired ActiveRADAR, a clinical intelligence company that identifies therapeutic alternatives for prescriptions. ActiveRADAR, formerly known as RxTE Health, is a healthcare analytics company delivering value-based reimbursement products and services for prescription drug benefits. ActiveRADAR’s clinical catalogue covers more than 165 therapeutic categories, including more than 30 specialty drug categories and more than 33,000 drug pairs. Surescripts is an American information technology company that supports e-prescription, the electronic transmission of prescriptions between healthcare organizations and pharmacies,... Read More »
Bristol Myers Squibb Acquires Orum’s ORM-6151
On November 6, Bristol Myers Squibb (BMS) announced that it entered into an agreement to acquire Orum Therapeutics’ GSPT1 platform. Under this transaction, BMS will pay an upfront payment of $100 million, and Orum Therapeutics is eligible to receive milestone payments for a total deal value of $180 million. Orum Therapeutics’ GSPT1 platform uses unique Dual-Precision Targeted Protein Degradation (TPD) approach to build novel targeted protein degraders combined with the precise tumor cell delivery mechanisms of antibodies. This generates innovative, first-in-class, tumor-selective TPDs for the treatment of cancer. BMS is a global biopharmaceutical company whose... Read More »
Corewell Health Acquires Gastroenterology Practice
Corewell Health announced on November 1 that it partnered with Great Lakes Gastroenterology, a gastroenterology practice in St. Joseph, Michigan. Corewell Health is a not-for-profit health system that provides health care and coverage with a team of more than 60,000 employees. The company has a team of more than 11,500 physicians and advanced practice providers; more than 15,000 nurses providing care and services in 22 hospitals; more than 300 outpatient locations and several post-acute facilities. It is also is partnered with Priority Health, a provider-sponsored health plan serving more than 1.3 million members. Upon completion of the transaction, Great Lakes Gastroenterology... Read More »
Health Catalyst Acquires Electronic Registry Systems
Salt Lake City, Utah-based Health Catalyst announced that it has acquired Electronic Registry Systems (ERS) in Cincinnati, Ohio. ERS has been providing cancer registry compliance and informatics services since 1989 and is widely recognized for its flagship platform solution, CRStar. Specifically designed for Certified Tumor Registrars, the CRStar platform records and reports vital cancer patient information to oncology registries. Health Catalyst is a data warehousing, analytics and outcomes-improvement company that helps healthcare organizations of all sizes perform the clinical, financial and operational reporting and analysis needed for population health and accountable... Read More »
Palm Medical Centers Acquires Primary Care Clinic in Oviedo, Florida
Palm Medical Centers, a portfolio company of MBF Healthcare Partners II, L.P., has announced its acquisition of Amana Medical Center P.A. in Oviedo, Florida. Amana Medical Center is a primary care clinic. The clinic is led by Dr. Jamal Abusuwa, a primary care physician with more than 20 years of experience with managed care programs. Palm Medical Centers is a provider of value-based primary care services. The company also coordinates cardiology, dentistry, optometry, pediatrics, podiatry, psychiatry and other specialist services. Operating a network of 36 medical centers across nine counties in Florida, Palm Medical Centers serves more than 50,000 Medicare Advantage and managed... Read More »Schedule a demo
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