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Panoramic Health Acquires San Antonio Kidney Disease Center
Panoramic Health announced on July 18 that it entered into an agreement to acquire San Antonio Kidney Disease Center (SAKDC). SAKDC offers free classes on kidney health, diet and disease prevention, facilitated by full-time educators. With a team of 24 physicians on staff, SAKDC operates out of 20 office locations in the San Antonio, Texas MSA, as well as 30 dialysis centers. It is affiliated with 15 hospitals. Panoramic Health is a physician-led kidney care organization based in Tempe, Arizona. Panoramic Health’s Clinical Research division partners with sponsors and clinical research organizations to bring treatments to patients with kidney disease. This transaction represents... Read More »
Southeast Primary Care Partners Acquires Bear Creek Family Practice
Southeast Primary Care Partners (SPCP) announced on July 19 that it acquired Bear Creek Family Practice for an undisclosed price. Bear Creek Family Practice provides primary care services to Tuscaloosa, Alabama. Dr. Fawad Aryanpure founded Bear Creek Family Practice in 2008 and provides traditional family medicine in addition to on-site lab and X-ray services to more than 3,000 patients annually. SPCP is a primary care-focused management services organization based in Alpharetta, Georgia. Partnering with SPCP enables Bear Creek Family Practice to maintain its clinical independence while benefiting from shared resources, innovation and a collaborative environment dedicated to... Read More »
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 »
