H.I.G. Capital Announces Strategic Investment in Avanta Salud Integral
On August 21, H.I.G. Capital announced that one of its affiliates has entered into a definitive agreement to take a majority stake in Avanta Salud Integral. Avanta Salud Integral, headquartered in Valencia, Spain, is an occupational health and safety services provider. The company offers both highly regulated mandatory and elective services to more than 100,000 clients, covering more than 1 million employees through a network of more than 250 medical centers and mobile units. H.I.G. Capital is a global private equity and alternative assets investment firm with $70 billion of capital under management. Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies... Read More »
Kite Acquires Interius BioTherapeutics to Advance In Vivo Platform
Kite Pharma, a wholly owned subsidiary of Gilead Sciences, announced that it has entered into a definitive agreement to acquire Interius BioTherapeutics for a total of $350 million in cash consideration. Interius BioTherapeutics is a clinical-stage biotechnology company engineering targeted, programmable vectors for the precision delivery of genetic medicines to treat an array of challenging diseases in oncology, autoimmunity and beyond. Leveraging a proprietary platform, Interius has created a differentiated off-the-shelf therapeutic modality designed for broad patient access. The company’s lead programs aim to overcome the current limitations of ex vivo chimeric antigen receptor (CAR)... Read More »
CentralReach Acquires SpectrumAI and AI Measures
CentralReach, based in Fort Lauderdale, Florida, announced on August 19 that it acquired two companies; SpectrumAI and AI Measures. SpectrumAI is a predictive analytics and video capture platform for registered behavior technicians. Its main platforms are Twyll, a next-generation electronic health record (EHR) for data collection, and Patterns ABA, a platform that measures network performance analytics, specifically for payors. Based in Cleveland, Ohio, AI Measures is a multi-modal assessment tool for care plan analysis. CentralReach provides EHR, electronic medical record and practice management solutions that enable ABA clinicians and educators to produce superior... Read More »
RethinkFirst Acquires Joshin
RethinkFirst announced on August 18 that it entered into an agreement to acquire Joshin. The financial terms of the deal were not disclosed. Joshin, an employee assistance programs (EAP) provider, is a Minnesota-based provider of disability and neurodivergent support services. RethinkFirst is a global health technology company providing cloud-based treatment tools, training and clinical support to employers, educators, payors and behavioral health professionals. Rethink serves more than 11 million employees worldwide, public-school districts and more than 96,000 individual behavioral healthcare providers. The deal positions RethinkCare, RethinkFirst’s app, as an... Read More »
VSP Ventures Acquires 3 California-Based Eye Care Practices
VSP Ventures, based in Rancho Cordova, California, announced on August 18 that it acquired three eye care practices, expanding its presence in its home state. Topa Topa Optometry is based in Ojai, California. It provides a comprehensive range of eye health services to patients of all ages. The practice is run by one physician: Bruce Brockman, OD. Antelope Mall Vision Center Optometry is based in Palmdale, California. It provides the full scope of eye care services. There are three physicians on staff: Dr. Jae Hon, Anita Aloian and Hannah Yeh. East Hills Vision Care Optometry operates out of one location in San Jose, California. According to its website, there are four... Read More »
U.S. Oral Surgery Management Acquires 4 practices
U.S. Oral Surgery Management (USOSM), a portfolio company of private equity group Oak Hill Capital Partners, announced that it acquired four practices and entered a new state. Founded in 2006, Premier Oral & Maxillofacial Surgery is based in Papillion, Nebraska. It specializes in a wide variety of oral and maxillofacial needs from wisdom teeth removal to advanced bone regeneration, implantology, sedation/general anesthesia and more. According to its website, there is one physician on staff: Afolabi Ogunleye. Snyder & Dugan Oral and Maxillofacial Surgery has four locations serving patients in Pennsylvania. The practice is run by Michael Dugan, DMD, and Patrick... Read More »
The Braff Group Advises Alegre Home Care in Affiliation with Transforming Age
Elder Care Alliance (ECA), a mission-driven nonprofit serving older adults across California and part of Transforming Age’s nonprofit network, announced on August 13 its affiliation with Alegre Home Care. The Braff Group, a mergers and acquisitions advisory firm specializing exclusively in healthcare services, served as the exclusive financial advisor for Alegre Home Care. The Pittsburgh-based firm was selected as Alegre’s advisor due to its extensive experience in California’s home care sector. Terms of the transaction were not disclosed. The strategic partnership marks Transforming Age’s entry into California’s home care market. It enhances ECA’s network, now supporting more than... Read More »Optum Buys Holston Medical Group in Tennessee
Optum has bought another physician group, this time in Tennessee. The UnitedHealth Group subsidiary acquired Holston Medical Group, a multi-specialty practice based in Kingsport, Tennessee. It provides primary care, pediatrics, women’s health, urgent care and outpatient diagnostic care services. The group has more than 70 locations in Northeast Tennessee and Southwest Virginia. According to its website, the practice employs more than 200 physicians. No terms were disclosed. This deal isn’t the first for Optum in the physician space; after all, Optum is one of the companies that spearheaded the trend of putting payor and provider under one umbrella. Its most recent deal was for... Read More »
Teladoc Health Acquires Telecare
Teladoc Health reported that it acquired Telecare for an undisclosed price. Telecare operates Australia’s leading virtual care clinic and provides software solutions to the healthcare sector. It has more than 300 virtual specialists in upwards of 30 specialties. It supports both GP-referred appointments as well as providing virtual care services to public hospitals across Australia, Telecare helps reduce patient wait times and increases access to specialty care. Teladoc Health manages digital health services such as telehealth, AI and analytics. The organization delivers care in 175 countries and in more than 30 languages, partnering with employers, health systems... Read More »Schedule a demo
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