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Arterex Acquires NextPhase Medical Devices LLC
Medical Device Inc. (d/b/a Arterex) announced on June 19 that it acquired NextPhase Medical Devices LLC for an undisclosed price. NextPhase is a class II and III medical device contract manufacturer of electromechanical devices, active implantable devices and single use disposables in North America. It provides design and engineering, manufacturing and assembly, quality and regulatory and supply chain and logistics management services, enabling its customers to bring low-to-medium volume complex medical devices to market. Arterex is a leading medical device contract manufacturer and leader in new product development and medical education in orthopedics. The company has pioneered the... Read More »
Alloy Properties and Anchor Line Partners Acquire Five Life Science Assets
Alloy Properties and Anchor Line Partners announced on June 14 that the companies purchased five life science buildings in Cambridge and Waltham, Massachusetts. The life science properties total 425,000 square feet. Backed by TPG Real Estate Partners, Alloy Properties is a national life science platform that focuses on investing in life science and innovation campuses in the major life science markets, including Boston, San Diego, San Francisco, Seattle, Raleigh-Durham and Atlanta. Anchor Line Partners is a Boston-based real estate investment firm with more than $2 billion of commercial real estate assets under management. The acquisition brings Alloy’s footprint in Boston to 1.8... Read More »
Panoramic Health Acquires Southwest Nephrology Associates
Panoramic Health announced that it acquired Southwest Nephrology Associates LLP (SWN) for an undisclosed price. SWN is a premier nephrology practice in Texas. According to its website, the practice operates six locations in the Houston MSA and is run by six providers. Panoramic Health is a physician-led kidney care organization. Panoramic Health’s Clinical Research division partners with sponsors and clinical research organizations to bring treatments to patients with kidney disease. SWN will utilize Panoramic Health’s value-based care platform to integrate care coordination and utilize superior data and analytics across six clinic locations. The partnership marks the fifth... Read More »
Medical Optometry America Acquires Paoli, PA Eye Care Practice
Medical Optometry America has acquired Personal Eyes, an eye care center in Paoli, Pennsylvania. According to data captured in the LevinPro HC database, this acquisition represents the 272nd Physician Medical Groups transaction of the year, and the 28th in the eye care specialty. Personal Eyes is led by Dr. Marie Homa-Palladino, who specializes in treating myopia, or nearsightedness. According to its website, Dr. Homa-Palladino is the only provider on staff. Medical Optometry America provides medical eye care services in Pennsylvania. Medical Optometry America diagnoses diseases at their earliest stages, treats issues before they become significant problems and provides relief for... Read More »
PE-Backed Capitol Imaging Acquires Two Texas Radiology Groups
Capitol Imaging, backed by private equity firm Clearview Capital, announced its acquisition of two radiology groups in Texas. The acquisitions include the Houston Premier Radiology Center and Alliance MRI. The two groups offer a range of diagnostic imaging services and combine to a total of 10 locations in the Houston MSA. Alliance MRI also has several locations in the San Antonio MSA. Metairie, Louisiana-based Capitol Imaging provides outpatient diagnostic services through more than 40 facilities across Louisiana, Texas, Alabama, Mississippi and Florida. It offers multi-modality capabilities including MRI, CT and mammography. According to the press release, Capitol Imaging and Clearview... Read More »
ZT Corporate-Backed Altus Community Healthcare Acquires Exceptional Emergency Center
ZT Corporate, a private equity firm that specializes in healthcare and automotive investments, announced on June 16 that its portfolio company, Altus Community Healthcare, acquired Exceptional Emergency Center. Exceptional Emergency Center is a community based provider of freestanding emergency centers operating 14 locations across Texas. The company has locations in Beaumont, Orange, Port Arthur, Harlingen, Livingston, Brownsville, Amarillo, Lubbock, Tyler, Fort Worth and Garland. Altus Community Healthcare is an integrated network of hospitals, care centers, physicians and services providing affordable patient care across Texas. Atlus operates six locations in Austin, in addition to four... Read More »
MiCare Path Announces Acquisition of SmarTrac
MiCare Path is expanding across markets in need of musculoskeletal solutions by acquiring SmarTrac, the only “smart” patient compliance sensor on the market today, from OnTracMD. SmarTrac enables physicians, therapists, nurse case managers and adjustors to monitor critical elements of a home exercise program including compliance, therapy progress and outcome data. SmarTrac is FDA registered. MiCare Path has developed a reimbursable integrated mobile health platform designed to promote clinical efficiencies for patient experience. The company’s platform builds a connection with patients, guides on wellness, tracks patients’ clinical scores, activity levels and weight... Read More »
Biosynex Acquires ProciseDx
Biosynex SA announced on June 13 that it entered an agreement to acquire ProciseDx for an undisclosed price. According to data captured in the LevinPro HC database, this transaction represents the 68th Laboratories, MRI and Dialysis acquisition of 2023, and the 33rd in the diagnostic subsector. ProciseDx is an in vitro diagnostics company with a proprietary instrument platform and portfolio of point-of-care diagnostic tests. It is based in San Diego, California. Biosynex is a French market leader specializing in the design and distribution of rapid tests. Biosynex designs, manufactures and distributes Rapid Diagnostic Tests, as well as diagnostic equipment for healthcare... Read More »
Montecito Medical Acquires Northway Surgery and Pain Center Property for $5.5 Million
Medical real estate investment firm Montecito Medical announced its acquisition of the Northway Surgery and Pain Center property in Clifton Park, New York for $5.5 million. The 10,000-square-foot Northway Surgery and Pain Center building was constructed in 2014 for around $1 million. Northway Surgery is a joint venture between physicians at Albany & Saratoga Centers for Pain Management and New York Pain Management. The price is $550 per square foot. Montecito Medical specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions across the United States involving more than $5.1 billion in medical real estate. This is Montecito’s... Read More »Schedule a demo
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