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
ARC Health Acquires Silver Lake Psychology

ARC Health Acquires Silver Lake Psychology

ARC Health, a Thurston Group portfolio company, announced on May 15 that it acquired Silver Lake Psychology for an undisclosed price. Physician Growth Partners advised Silver Lake Psychology.  Silver Lake Psychology cares for more than 100,000 patient visits annually and employs more than 400 providers. It has 15 offices in California, Colorado, Tennessee, Virginia and Washington D.C. ARC Health is a mental health specialty services organization supporting psychiatry, psychology and therapy providers in multiple locations throughout the U.S. ARC was formed in 2021 in partnership with outpatient mental health provider Advanced Recovery Concepts. The company has more than 320 providers... Read More »
Dental Care Alliance Welcomes Lakeview Dental Care to Portfolio

Dental Care Alliance Welcomes Lakeview Dental Care to Portfolio

Dental Care Alliance (DCA), a portfolio company of New York-based private equity group, Harvest Partners, announced its acquisition of Lakeview Dental Care. Founded in 1998 by Dr. Mark Arooni, Lakeview Dental Care is a general dentistry practice located in Chandler, Arizona. Founded in 1991 and headquartered in Sarasota, Florida, DCA is a multi-branded dental support organization with more than 400 affiliated dental offices and 900 dentists across 22 states. DCA’s allied practices represent all dental specialties and treat patients under more than 150 brands. This affiliation continues DCA’s rapid growth and momentum and expands its footprint in Arizona to five allied practices. Financial... Read More »
Nomi Health Acquires Phoenix-Based I Am Wellness

Nomi Health Acquires Phoenix-Based I Am Wellness

Nomi Health, a nationwide healthcare programs and payments company based in Orem, Utah, announced on May 17 its acquisition of Phoenix-based I Am Wellness. According to data captured in the LevinPro HC database, this acquisition marks the 27th BHC acquisition of the year, and the sixth in the substance use disorder specialty. The acquisition expands patient access to critical opioid use disorder and substance use disorder treatments while driving down care costs for local cities, counties and employers with Nomi’s whole-person and recovery-oriented program for treatment and recovery. Nomi Health’s public health expertise will bolster I Am Wellness’ reach and impact by expanding its network... Read More »
Orthopedic Care Partners Acquires Advanced Pain Medical Center

Orthopedic Care Partners Acquires Advanced Pain Medical Center

On May 16, Orthopedic Care Partners (OCP), a portfolio company of Los Angeles-based middle market private equity firm Varsity Healthcare Partners, announced that it acquired Newberry, Florida-based Advanced Pain Medical Center. Established in 2014, Advanced Pain Medical Center is led by founder Brent Stewart, MD, MBA. The company’s team of specialists focuses on providing personalized, comprehensive care for patients suffering from a wide range of pain-related conditions. OCP is a strategic partner and support organization for top-performing orthopedic practices currently comprising The Orthopaedic Institute (FL), The Steadman Clinic (CO), Motion Orthopaedics (MO), Tucson Orthopaedic... Read More »
Thurston Group-Backed ARC Health Acquires Denver Wellness Associates

Thurston Group-Backed ARC Health Acquires Denver Wellness Associates

ARC Health, a Thurston Group portfolio company, has announced the acquisition of Denver Wellness Associates (DWA), a mental healthcare provider group located in Denver, Colorado. Clew Partners originated the transaction and served as buy-side advisor to ARC Health. Founded by Jeanne Theobald, MD, in 2016, DWA has grown into two clinic locations in the Denver MSA. With a team of more than 20 providers, DWA offers multiple service lines, to include therapy and ketamine services, as well as Transcranial Magnetic Stimulation. ARC Health is a mental health specialty services organization supporting psychiatry, psychology and therapy providers in multiple locations throughout the United States.... Read More »
Mixed Q1 2023 Results in the Diagnostics Sector: COVID-19 Testing Revenues Slump

Mixed Q1 2023 Results in the Diagnostics Sector: COVID-19 Testing Revenues Slump

The Diagnostics Market: Despite a bustling M&A market in 2022, the diagnostics sector appears to have experienced a slowdown in deal activity, though it still remains relatively strong compared with previous years. As of May 15, 2023, a total of 26 deals have been announced year-to-date. Although this represents a 42% decline compared to the 45 deals observed during the same period in 2022, it still signifies a substantial 44% and 86% increase from the deal count in 2021 and 2020, respectively. These figures highlight the enduring interest in the diagnostics market, which increased out of necessity during the COVID-19 pandemic and continues to drive investment and strategic... Read More »
Marquee Dental Partners Acquires Three Florida Practices

Marquee Dental Partners Acquires Three Florida Practices

Marquee Dental Partners, a portfolio company of Chicago Pacific Founders, announced on May 11 that it purchased three dental practices in Florida. The practices are Alafaya Family Dentistry in Oviedo; the practice of Dr. Mark Damerau in Palm Beach Gardens; and the practice of John S. Ledakis D.D.S. in West Palm Beach. Marquee Dental Partners is a dental support organization, founded in 2015 with an investment of $35 million. Marquee Dental supports more than 70 offices and more than 100 dentists who care for nearly 300,000 patients annually. Marquee Dental Partners also acquired Parkside Family Dental in 2023.  With the completion of these partnerships, Marquee now supports 28 offices... Read More »
Ohio Gastroenterology Group Buys $1.5 Million Columbus, Ohio MOB Near Headquarters

Ohio Gastroenterology Group Buys $1.5 Million Columbus, Ohio MOB Near Headquarters

Ohio Gastroenterology Group purchased a medical office building (MOB) near its north Columbus, Ohio headquarters in an effort to support growth. The purchase price for the property was $1.5 million. According to data captured in the LevinPro HC database, this represents the 83rd MOB transaction of 2023. This is a slight increase from last year, when there were 76 MOB deals announced between January 1, 2022, and May 15, 2022. The one-story, 10,576-square-foot MOB sits on less than 1 acre and was built in 1966, according to Franklin County property records. The building was remodeled in 2012. The current tenant is OhioHealth Physician Group Gynecology, which operates a comprehensive... Read More »
Anchor Health Properties Executes Off-Market Transaction of MOB in Atlanta MSA

Anchor Health Properties Executes Off-Market Transaction of MOB in Atlanta MSA

Anchor Health Properties recently closed an off-market transaction involving a three-story, 40,000 square foot Class A medical office building (MOB) and adjacent land site slated for a subsequent Phase II MOB development. Located in the Lawrenceville submarket of Atlanta, Georgia, the properties are strategically positioned in the medical cluster surrounding Northside Hospital Gwinnett, a regional hospital with 353 acute care beds. The 100% leased MOB features anchor tenancy from Northside Health and Fresenius Medical Care. Other key tenancy includes Georgia Nephrology, Palmetto Infusion, Amedisys Home Health and Gwinnett Pediatrics. To optimize the strategic value in the properties, the... Read More »
Sorenson Capital-Backed Golden State Dermatology Acquires Second California Practice of 2023

Sorenson Capital-Backed Golden State Dermatology Acquires Second California Practice of 2023

Golden State Dermatology (GSD), a portfolio company of growth capital private equity firm, Sorenson Capital, has announced a new partnership with Calkin & Boudreaux Dermatology Associates in Sacramento, California. This marks GSD’s second transaction of the year. In April, GSD acquired California-based Moy-Fincher-Chipps Facial Plastics/Dermatology for an undisclosed price. The new practice expands GSD’s northern California footprint and offers patients a second GSD location in the Greater Sacramento area. Financial terms of the deal were not disclosed. Calkin & Boudreaux Dermatology Associates is run by doctors Jacqueline M. Calkin and Alison A. Boudreaux and provides... Read More »