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Tareen Dermatology Acquires Crutchfield Dermatology
Tareen Dermatology entered into an agreement to acquire Crutchfield Dermatology. Crutchfield Dermatology operates one location in Eagen, Minnesota. According to its website, it is run by one physician. Tareen Dermatology, based in Roseville, Minnesota, operates five dermatology locations across Minnesota and one in Wisconsin. It has a team of five physicians on staff that are supported by six physician assistants. Tareen Dermatology purchased all the assets of Crutchfield Dermatology, including patient lists and equipment. Per the acquisition, Crutchfield Dermatology will be converted to Tareen Dermatology. Terms were not disclosed. According to data captured in the LevinPro HC... Read More »
Smile Doctors Acquires 5 Dental Practices
Smile Doctors, LLC announced that it has acquired five dental practices. The practices are Blackburn Family Orthodontics in Katy, Texas; Weaver Orthodontics in Jonesboro, Arkansas; Smith Smile Orthodontics in Marietta and Canton, Georgia; Weissman Orthodontics in two Birmingham, Alabama locations; and Smiles of Ohio, with three locations. Smile Doctors, a portfolio company of Linden Capital Partners and Thomas H. Lee Partners, is an orthodontic dental support organization with more than 400 locations in 28 states. This is Smile Doctors’ fourth acquisition of 2023 where it has added 23 practices to its portfolio. These acquisitions were announced alongside the announcement... Read More »
Catalyst Clinical Research Acquires Genpro Research
Catalyst Clinical Research, a portfolio company of NovaQuest Capital Management, LLC, announced on July 20 that it entered into an agreement to acquire Genpro Research. Genpro Research is a Massachusetts-based global clinical research organization (CRO) that serves the pharmaceutical, biotechnology and medical devices industries. It has staff in the United States, India and Ireland. Catalyst is a clinical development organization providing customizable clinical research solutions to the global biopharmaceutical industry through two established solutions: Catalyst Flex and Catalyst Oncology. The company provides multi-therapeutic global resourcing and functional services through Catalyst... Read More »
Dr. Amar Desai to Lead Optum Health as New CEO
After less than six months in his role as president of health care delivery at CVS Health, Dr. Amar Desai is returning to UnitedHealth Group as the new CEO of Optum Health. The shift in leadership comes as Optum Health is growing its presence in the home health and hospice market. The company recently acquired two of the largest providers in the space – LHC Group and Amedisys Inc. – with price tags of $6 billion and more than $3.7 billion, respectively. In his role as Optum’s CEO, Dr. Desai will oversee operations of the company’s nearly 135,000 employees that provide home health, hospice and other services to 103 million patients nationwide. “I am looking forward to working with our... Read More »
Elevate ENT Partners Acquires Vero ENT Associates
Elevate ENT Partners, backed by Audax Private Equity, announced on July 19 that it has partnered with Vero ENT Associates. The partnership reinforces Elevate’s commitment to supporting quality physicians as they continue to grow in the Florida market. Vero ENT Associates is an otolaryngology practice based in Vero Beach, Florida. According to its website, the company has three providers on staff. With more than 75 otolaryngology centers and 120 physicians, Elevate ENT Partners invests in private ENT and allergy practices across the United States and provides scalable infrastructure to help practices reach the next level in terms of financial management, marketing, contracting, human... Read More »
Ventra Health Acquires ArcMed
On July 18, Ventra Health announced that it acquired ArcMed for an undisclosed price. ArcMed is an India-based billing and automation services organization. It provides revenue cycle management (RCM) services. Ventra Health is a healthcare organization focused on tech-enabled RCM, practice management and advisory solutions for hospital-based physicians. The company was founded in 2021 and is based in Dallas. The ArcMed acquisition will strengthen Ventra Health’s service performance and quality, optimize operational efficiencies and provide added scale for automation and growth. According to data captured in the LevinPro HC database, this transaction represents the 153rd eHealth... Read More »
Cardiovascular Associates of America Acquires Cardiovascular Associates
Cardiovascular Associates of America (CVAUSA), a portfolio company of Webster Equity Partners, announced on July 18 that it acquired Cardiovascular Associates. Cardiovascular Associates operates out of two locations in Florida: Orlando and Kissimmee. According to its website, the practice is run by nine cardiologists. CVAUSA is a physician management services organization headquartered in Celebration, Florida. Through CVAUSA’s physician-centered practice management model, physicians drive clinical care and their practice culture, while benefiting from the business expertise and shared resources available through CVAUSA. It was formed by Webster Equity Partners in 2021. Through this... Read More »
Urgent Care Group Acquires ParkMed Urgent Care
Urgent Care Group, backed by Capital Alignment Partners and Harbert Management Corporation, announced the acquisition of ParkMed Urgent Care in Alcoa, Tennessee. ParkMed Urgent Care has been providing urgent care, preventative care and occupational health services to the greater Knoxville and Blount County communities since 1989. Urgent Care Groupis creating the leading urgent care company by combining the best urgent care centers resulting in significant economies of scale, greater operating efficiencies and enhanced clinical quality. The Urgent Care Group network includes 56 centers operating as six brands: Covenant Health Urgent Care in partnership with Covenant Health in Tennessee,... Read More »
Anchor Health Properties Acquires MOB in Cumming, Georgia
Anchor Health Properties announced that it is acquiring a three-story, 91,940-square-foot Class A medical office building (MOB) in the Cumming submarket of Atlanta, Georgia. The facility was originally constructed in 2017 and sits adjacent to Northside Hospital Forsyth. The 80% occupied MOB offers a long-term, synergistic tenant ecosystem composed of prominent regional providers, including Resurgens Orthopaedics, GI North and North Atlanta Ear, Nose, Throat, and Allergy. Established in 1985, Anchor Health Properties is a national, full-service healthcare real estate development, management and investment company focused exclusively on healthcare facilities. Anchor has more than $2 billion... Read More »Schedule a demo
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