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
Concentra Acquires Three Occupational Health Centers
Concentra Inc. announces that it acquired three occupational health centers from Pivot Occupational Health. According to data captured in the LevinPro HC database, this transaction is the 17th occupational health acquisition announced in 2023. The three centers are based in Delaware and Maryland. In addition to occupational health services, the centers provide in-house physical therapy services. Concentra, a division of Select Medical, is a premier provider of occupational health services focused on improving the health of America’s workforce, one patient at a time. The company is headquartered in Addison, Texas and operates more than 540 urgent care centers in 44 states and... Read More »
KKR-Backed Company Acquires Trumpet Behavioral Health
BlueSprig Pediatrics announced that it entered an agreement to acquire Trumpet Behavioral Health. Trumpet Behavioral Health offers evidence-based behavioral health services to children and adults with autism spectrum disorder and other developmental disabilities, based on the principles of Applied Behavior Analysis. It is based in Lakewood, Colorado and operates 37 locations in seven states, according to its website. WindRose Health Investors, a private equity firm based in New York City, was the seller. Backed by KKR, BlueSprig Pediatrics is a provider of autism therapy. It is headquartered in Houston, Texas and operates 137 centers in 15 states. The deal also... Read More »
Atlantic Street Capital Announces Acquisition of Brown’s Medical Imaging
Atlantic Street Capital (ASC) has announced the acquisition of Omaha, Nebraska-based Brown’s Medical Imaging. Founded in 1995, Brown’s Medical Imaging is a medical imaging solutions company providing equipment, service, maintenance, services and support to hospitals, physician practices and ambulatory service centers across the Midwest. Key products include a broad suite of medical imaging equipment including X-ray machines, mammography systems, CT scanners, ultrasound machines, MRI systems and surgical C-arm systems. Customer practice specialties include orthopedics, radiology, pulmonology, veterinary, chiropractic, urology, podiatry and urgent care centers. ASC is... Read More »
SportsMed Physical Therapy Acquires Mountainside Wellness in New Jersey
SportsMed Physical Therapy announced it has acquired New Jersey-based Mountainside Wellness. According to data captured in the LevinPro HC database, this transaction marks the 40th Rehabilitation acquisition of the year. Mountainside Wellness is a provider of physical therapy and chiropractic services in the central New Jersey area. The rehab provider has two clinic locations in Mountainside and Colonia, New Jersey. Founded in 2004, SportsMed Physical Therapy is a physical therapy-focused physician practice management company, with 33 clinics that provide physical therapy, chiropractic, acupuncture and occupational therapy services. SportsMed is a portfolio company of private... Read More »
Novo Nordisk Acquires ocedurenone
On October 16, Novo Nordisk A/S announced it acquired ocedurenone from KBP Biosciences PTE., Ltd., a biotechnology company. According to Novo’s press release, the acquisition was valued at $1.3 billion. ocedurenone is an orally administered, small molecule, non-steroidal mineralocorticoid receptor antagonist that is currently being examined in the phase 3 trial, CLARION-CKD, in patients with uncontrolled hypertension and advanced chronic kidney disease. ocedurenone has been investigated in nine clinical trials including the BLOCK-CKD Phase 2b trial. Novo Nordisk is a leading global healthcare company founded in 1923 and headquartered in Denmark. Novo Nordisk employs more than... Read More »
TriasMD Expands in California
TriasMD announced on October 18 that it entered in an agreement to acquire Pinnacle Surgery Center for an undisclosed price. Pinnacle Surgery Center, which is certified by both the Joint Commission of Healthcare Organizations and the Centers for Medicare & Medicaid Services, provides high-quality orthopedics and total joint care. It is based in Walnut Creek, California. Headquartered in Newport Beach, California, TriasMD is a musculoskeletal management company. Using the data-driven model created by DISC Sports & Spine Center, TriasMD positions facilities to thrive, building a clinically integrated network of providers and monitoring the network’s quality. ... Read More »
Premier Choice Healthcare Bolsters PMI Offering with Healthcover Acquisition
Premier Choice Healthcare (PCH), the health insurance intermediary hub owned by Brown & Brown, announced on October 18 the acquisition of the entire share capital of Brighton-based Healthcover Ltd. Healthcover specializes in personal and business private medical insurance (PMI) and has a distinct focus on international health coverage for U.K.-based customers. Founded in 1996, PCH is one of the largest independent insurance intermediaries in the United Kingdom, providing market strength and support with a wide range of resources and expertise. As part of the deal, the Healthcover team will integrate into PCH across the United Kingdom. Healthcover’s two... Read More »
PE-Backed Hightop Health Acquires Psych Atlanta
Hightop Health announced its acquisition of Marietta, Georgia-based Psych Atlanta on October 18. According to data captured in the LevinPro HC database, this transaction represents the 62nd Behavioral Health Care (BHC) acquisition of the year. This is a 33% decrease from last year, when there were 92 BHC transactions announced between January 1, 2022, and October 18, 2022. Psych Atlanta is a mental health practice offering medication management, interventional psychiatry, ketamine, spravato and transcranial magnetic stimulation. Backed by private equity firms JLL Partners and SV Health Investors, Hightop Health offers an outpatient mental health platform that uses an... Read More »
UnitedHealth Group Reports 14% Growth YoY, Expands Services & Customer Base
UnitedHealth Group Incorporated (NYSE: UNH), one of the largest health insurers in the United States, reported its third-quarter financial results on Friday, October 13. Last year, the company reported positive performance and balanced growth across its Optum and UnitedHealthcare business segments. This trend has continued into Q3:23, as the company’s growth in the third quarter was attributable to an increase in the number of people served by Optum and UnitedHealthcare, and the broadening scope of services offered. During Q3:23, UnitedHealth reported group revenues of $92.4 billion, up 14% from $80.9 billion in Q3:22. The company also announced Q3:23 earnings from operations of $8.5... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
