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
ResMed Acquires Somnoware to Expand Sleep Management Offerings
ResMed announced its acquisition of Somnoware, a Sunnyvale, California-based provider of sleep and respiratory care diagnostics software. Somnoware is a cloud-based platform for enhanced respiratory care management. Somnoware designed its software to streamline the processes of physicians and sleep and pulmonary function testing labs as they diagnose and evaluate sleep and respiratory care test results. Through the platform, positive airway pressure (PAP) therapy can run more efficiently. The software can electronically provide PAP information directly into a patient’s electronic health record. ResMed develops, manufactures and markets medical equipment for the diagnosis, treatment and... Read More »
Enos Home Medical Acquires DME Assets
New Bedford, Massachusetts-based Enos Home Medical announced on July 5 that it acquired significant durable medical equipment (DME) assets. The assets are based out of Massachusetts. Nothing else regarding the assets were disclosed. Enos Home Medical was founded in 1950 and provides DME supplies. It has 10 distribution centers, serving five states with hundreds of products, including a full range of DME, aids to daily living and wound care, ostomy, urological, incontinence and diabetes supplies. The addition of the assets strengthens Enos Home Medical’s foothold in Massachusetts. The financial terms of the acquisition were not disclosed. According to data captured in the... Read More »
Wesley Acquires Medical House Calls in Tennessee
Wesley Financial Group, LLC purchased Medical House Calls, which provides primary health care services to patients in their own homes throughout Middle Tennessee. Medical House Calls primarily services patients in Davidson, Williamson and Rutherford counties and is currently expanding to Wilson, Sumner and others. Staffed by licensed nurse practitioners, Medical House Calls offers all of the same services as urgent care clinics, plus preventative care. Wesley is a Franklin, Tennessee-based company headed by Chuck McDowell. Chuck McDowell became a patient of Medical House Calls during the COVID-19 pandemic and this experience led him to acquire the company. Financial terms of the deal were... Read More »
Optum Snags Amedisys, Latest Deal in M&A Marathon
How would someone describe Optum, exactly? Some would define it as the most significant division of UnitedHealth Group, one of the country’s largest health insurance and managed care providers. Others would highlight its national pharmacy offerings, or its physician network and services. It can even be called a digital health and analytics company. All of the above is true. Through its aggressive M&A strategy, Optum has transformed into a healthcare company with a deep presence in nearly every healthcare vertical, from physician practices to behavioral health providers. According to data captured in the LevinPro HC platform, Optum has struck almost 30 acquisitions. Its largest is the... Read More »
Autism Behavioral Institute Receives Significant Investment from Decathlon Capital Partners
Autism Behavioral Institute (ABI) has announced a revenue-based investment from Park City, Utah-based private equity firm Decathlon Capital Partners. Headquartered in Charlotte, North Carolina, ABI provides ABA therapy and testing and evaluation services for children with autism. ABI has 11 centers across South Carolina, Washington D.C., Virginia, North Carolina, Georgia and Maryland. ABI provides individualized ABA treatment for children in home, school, and community settings. Additionally, it offers diagnostic evaluations for autism and parent participation training. Decathlon Capital Partners is a leading provider of financing solutions and growth capital for companies seeking flexible... Read More »
Molina Healthcare Acquires Bright Health’s California Subsidiaries
Molina Healthcare, Inc. announced on June 30 that it has entered into a definitive agreement to acquire 100% of the issued and outstanding capital stock of Bright Health’s California subsidiaries, Brand New Day and Central Health Plan of California. The purchase price for the transaction is approximately $510 million, which Molina intends to fund with available funds including cash on hand. The transaction is expected to close in the first quarter of 2024. Universal Care, doing business as Brand New Day, was founded in 1983 by the Davis family to improve health outcomes through an emphasis on complex care management, population health and strong relationships between patients and... Read More »
Baudax Bio Acquires TeraImmune
Baudax Bio, Inc. announced on June 30 that it acquired TeraImmune, Inc. TeraImmune is a privately held biotechnology company working on cell therapies for autoimmune diseases. Key technical assets of TeraImmune include expansion of human regulatory T cells in vitro and receptors targeting pathological immune cells (T cell/ B cell/ antigen presenting cell). Baudax Bio is a specialty pharmaceutical company focused on developing and commercializing products for acute care settings. The company has multiple non-opioid therapeutics in clinical development for the treatment of pain conditions and is currently promoting their lead product, ANJESO™, indicated for use in adults for the... Read More »
Addus HomeCare Acquires Tennessee Quality Care
Addus HomeCare Corporation announced that it has acquired Tennessee Quality Care in Parsons, Tennessee for $106 million. Formerly owned by American Health Partners, Tennessee Quality Care is a home health, hospice and private duty nursing provider in Tennessee. Tennessee Quality Care serves an average daily census of about 1,800 patients through 17 locations. According to the press release, Tennessee Quality Care has approximately $40 million in annualized revenues. Addus HomeCare is a provider of home care services that primarily include personal care services that assist with activities of daily living as well as hospice and home health services. Addus HomeCare provides home care... Read More »
Cardiovascular Associates of America Partners With Bay Area Cardiology Associates
Cardiovascular Associates of America (CVAUSA), a portfolio group of private equity firm Webster Equity Partners, has acquired Bay Area Cardiology Associates P.A. for an undisclosed price. Westcove Partners acted as the exclusive financial advisor to Bay Area Cardiology in the partnership. Bay Area Cardiology is a cardiovascular group practice with four locations across the Tampa MSA. Bay Area Cardiology has served patients in the region for more than 30 years. According to its website, the practice has 15 providers on staff. CVAUSA is a physician management services organization headquartered in Celebration, Florida. Through CVAUSA’s physician-centered practice management model, physicians... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
