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Irish Company Arrotek Medical to Merge with U.S.-Based NeedleTech
Arrotek Medical, based in Sligo, Ireland, and North Attleboro, Massachusetts-based NeedleTech Products are merging under the Arrotek brand. Both Arrotek and NeedleTech have strong records in the medical device industry, serving a broad range of customers that include original equipment manufacturers, medical device startups and corporations. NeedleTech Products is a leading contract development and manufacturing organization (CDMO) serving several markets, including interventional radiology, interventional oncology, sports medicine, pain management, pharmaceutical and spine. NeedleTech provides components and finished devices to many of the top medical device companies... Read More »
Medela Spins Off Wound Care Business to Combine with Medaxis
Medela is spinning off its wound care business, which will combine with Medaxis to form a new standalone wound care company. Medela’s wound care business provides wound care solutions powered by Medela’s medical vacuum technology, including its negative pressure wound therapy line of products and services. As the healthcare of choice for more than 6 million hospitals and homes across the globe, Medela provides a research-based breast milk feeding and baby products, healthcare solutions for hospitals and clinical education. The company has 20 subsidiaries in Europe, the Americas, Asia and Australia, three production and warehouse facilities in Switzerland, the United States and China... Read More »
Boston IVF Acquires Rochester Regional Health’s Fertility Care Center
Boston IVF announced that it acquired Rochester Regional Health’s fertility care center. The clinics’ services include consultations, treatment management, intrauterine insemination procedures, ultrasound and blood work monitoring and more. Boston IVF is one of the largest and most experienced fertility networks in the United States, with more than 100,000 babies born since 1986. Founded as one of the nation’s first private practice IVF centers, the Boston IVF network has grown to include more than 30 reproductive endocrinologists across Massachusetts, Maine, New Hampshire, New York, Idaho, Indiana, Ohio, Rhode Island and Utah. Rochester Regional Health is a... Read More »
Amwins Releases State of the Market Report: A Focus on Healthcare
Amwins, a global distributor specializing in insurance products and services, released on November 8 a healthcare-focused State of the Market report. The report offers insights into current market trends, their impact on capacity and pricing and the specific challenges faced by different classes within the healthcare industry. The Amwins Healthcare State of the Market Report delves into the multitude of factors influencing the healthcare marketplace. It includes detailed insights across critical segments, such as long-term care and senior living facilities, hospitals and non-emergency medical transport (NEMT). “Current developments are keeping the trajectory of the... Read More »
Provident Healthcare Partners Advises Mid-Florida Cancer Centers
Provident Healthcare Partners announced on November 9 that it advised Mid-Florida Hematology and Oncology, doing business as Mid-Florida Cancer Centers (MFCC), in signing a partnership agreement with OneOncology. MFCC offers patients medical oncology, hematology and radiation oncology services, as well as the convenience of an in-office lab, oral pharmacy and advanced medical imaging services, including PET/CT. According to its website, the practice has 11 providers caring for patients at four locations in the Orlando MSA. MFCC intends to grow by attracting additional healthcare professionals to practice in the growing Central Florida market and expanding services into adjacent... Read More »
IVI RMA Acquires North American Operations of Eugin Group
IVI RMA announced on November 8 that it acquired the North American operations of Eugin Group, a network of fertility clinics across Europe, North and South America. The acquisition includes the Boston IVF fertility network and Toronto-based TRIO. The seller is Fresenius Inc., a European network of dialysis centers. Boston IVF is based in Boston, Massachusetts and has 19 centers across Massachusetts, Maine, New Hampshire, New York, Idaho, Indiana, Ohio, Rhode Island and Utah. It has a team of 25 fertility specialists. TRIO is based out of Toronto, Ontario and has a team of 18 fertility specialists. IVI RMA is one of the world’s leading reproductive... Read More »The Changing Healthcare Real Estate Lending Market
The healthcare real estate lending market has been on an upswing in recent years. The COVID-19 pandemic accelerated the shift from hospital inpatient care to patients receiving most of their treatment in outpatient clinics, such as ambulatory care settings, urgent care centers and medical office buildings housed by physician groups. Demographic tailwinds and emerging value-based care reimbursement models have also pushed the industry to outpatient settings. In JLL’s 2022 Healthcare and Medical Office Perspective research report, the firm wrote that “the fundamentals of population demand for healthcare services, even in times of economic uncertainty, translate into steady real estate... Read More »
Kenyan Medical Care Chain Penda Health Acquires Femtech Startup Grace Health
Penda Health has made a strategic move to enhance its on-demand telehealth services by acquiring Swedish healthtech startup Grace Health. The acquisition marks a significant development in the African health space, as two prominent healthcare players join forces to expand their reach and impact. Grace Health was founded in 2018. The Grace Health platform has more than 1.3 million registered users in Ghana, Nigeria, Kenya and South Africa. The company’s app, launched in 2020, was designed to address the challenges of low data storage in Africa. It offers personalized messaging, automated chat, health assessments, tracking and education to support women throughout their... Read More »
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 »Schedule a demo
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