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DrFirst Acquires Diagnotes Secure Messaging and Care Coordination Platform
Rockville, Maryland-based DrFirst has acquired certain assets of Diagnotes, an Indianapolis-based provider of a secure messaging and care coordination platform. The acquisition will allow DrFirst’s Backline platform to expand its capabilities and break through communication silos in health care. Terms of the deal were not disclosed. Diagnotes provides collaboration tools built for the healthcare sector. The Diagnotes app increases clinicians’ productivity by allowing healthcare providers to communicate with colleagues in their system and affiliates in other systems. Launched in 2011, the company primarily serves clients in the Midwest and South. DrFirst offers software solutions that... Read More »
Tyber Medical Acquires ADSM-Synchro Medical
Morristown, New Jersey-based Tyber Medical LLC has acquired 100% of the capital of ADSM-Synchro Medical (ADSM), a French orthopedic medical device company. The acquisition of ADSM will play a key role in strengthening Tyber Medical’s international presence and fueling its global growth strategy with a wider range of product options in the MIS bunion, PEEK hammertoe and screw fixation arenas. Terms of the deal were not disclosed. ADSM specializes in the development and distribution of implants dedicated to treating surgical forefoot pathologies. Founded in 2010, ADSM has become a market leader in the European medical device industry with products like the ToeGrip Classic, the first hammer... Read More »
Montecito Medical Real Estate Acquires Tampa Medical Office Building for $10 Million
Montecito Medical Real Estate has acquired a medical office building (MOB) in Tampa, Florida, for $10 million. The 16,667-square-foot property sold for $600 per square foot. A team from Matthews Real Estate Investment Services represented the sellers, the partners of The Reproductive Medicine Group, in the transaction. The Reproductive Medicine Group will remain in its current location. Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions across the U.S. involving more than $5 billion in medical real estate. According to data captured in the LevinPro HC database, this acquisition marks the 21st MOB... Read More »
Confluent Health Acquires MOTION PT
Confluent Health, a portfolio company of Swiss-based private equity firm Partners Group, announced on February 1 its newest partnership with MOTION PT Group. The partnership brings Confluent Health’s national footprint to 609 private practice clinics in 35 states. The partnership will allow MOTION PT to maintain its existing branding while gaining access to Confluent Health’s ecosystem of management services as well as education and musculoskeletal health resources. MOTION PT Group is a physical therapy, occupational therapy and speech therapy company with 59 clinic locations across Connecticut, Massachusetts, Maryland and New York. Confluent Health includes physical and occupational... Read More »
Tivity Health, Inc. Acquires Burnalong
Tivity Health, Inc. announced on January 31 that it entered into a definite agreement to acquire Burnalong, a health and wellness platform. Burnalong provides wellness solutions focused on helping people achieve their potential through a digital platform, social support and motivation, proprietary data/analytics and AI. The platform includes access to more than 30,000 live classes, taught by more than 5,000 instructors, across more than 60 fields. Tivity Health Inc., formally known as Healthways, provides access to in-person and virtual physical activity, social and mental enrichment programs, as well as a full suite of physical medicine and integrative health services. The company... Read More »
Evolution Dental Science Purchases Pro-Esthetics Dental Laboratory
Evolution Dental Science, based in Buffalo, New York, announced its acquisition of Pro-Esthetics Dental Laboratory. The acquisition of Pro-Esthetics, plus an affiliation with national dental service organization Heartland Dental, is expected to lead to another 30% to 40% growth for 2023 for Evolution Dental Science. The financial terms of the acquisition were not disclosed. Pro-Esthetics Dental Laboratory is a full-service laboratory that manufactures dental products such as crowns, bridges and implants. The company is based in Concord, Ontario. Evolution Dental Science has been one of the most trusted dental laboratories since its founding in 1993. Evolution has evolved itself over... Read More »
Biosynex to Acquire Chembio Diagnostics for $17.2 Million
Biosynex SA and Chembio Diagnostics, Inc. have entered into a definitive merger agreement under which Biosynex, through a subsidiary, will acquire Chembio in an all-cash transaction valued at $17.2 million. Ernst & Young LLP is acting as financial advisor and White & Case LLP is serving as legal counsel to Biosynex. Craig-Hallum Capital Group is acting as financial advisor and K&L Gates LLP is serving as legal counsel to Chembio. Chembio Diagnostics is a Medford, New York-based point-of-care diagnostics company focused on infectious diseases, including sexually transmitted infections, respiratory viruses and fever and tropical disease. Chembio’s total revenue for 2021 was... Read More »
Center for Pain Management Acquires Indiana Spine & Pain Institute
Center for Pain Management announced on January 31 that it acquired Indiana Spine & Pain Institute, a three-clinic pain management practice. Center for Pain Management receives essential management support provided by American Pain Consortium Holdings, LLC (APC). APC supports a growing network of interventional pain management practices and pain-focused ambulatory surgical centers and provides patient-focused support services. The acquisition of Indiana Spine & Pain Institute reaffirms Center for Pain Managements dedication to providing exceptional, individualized patient care by industry-leading interventional pain physicians. Terms of the deal were not disclosed.... Read More »Gen4 Dental Partners Makes Its Third Transaction of The Year
Tempe, Arizona-based Gen4 Dental Partners announced its acquisition of Comfort Dental of Clinton for an undisclosed price. Comfort Dental of Clinton provides dental care in Clinton, Utah. The practice is run by Dr. John Lee Roring and Dr. Trevor Garrett. A portfolio company of the Thurston Group, Gen4 Dental Partners is a dental services organization providing support to providers of dental services. Gen4 has more than 80 locations in 11 states and over 150 dentist partners. This acquisition marks Gen4’s third transaction of the year. In 2022, Gen4 completed eight acquisitions, expanding its presence in Utah, Minnesota, California and Ohio. According to data captured in the... Read More »Schedule a demo
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