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PCF Insurance Services Enters Wisconsin Market With Milz Health Group Acquisition
PCF Insurance Services (PCF), a top 20 U.S. insurance brokerage firm, has acquired Milwaukee-based Milz Health Group, marking its entrance in the Wisconsin market. Milz Health Group is a full-service health insurance agency providing coverage to Wisconsin Medicare-eligible individuals and coverage through the Affordable Care Act. PCF Insurance Services is a full-service consultant and insurance brokerage firm offering commercial, life and health, employee benefits and workers’ compensation solutions. It employs more than 2,000 people across the country. According to the LevinPro HC database, this marks the 40th Managed Care transaction year-to-date. This compares with 45 Managed Care... Read More »
Retina Consultants of America Acquires Florida Retina Institute
Retina Consultants of America has acquired Orlando-based Florida Retina Institute. Florida Retina Institute has 13 board-certified physicians and 19 locations throughout central and north Florida as well as southeast Georgia. Retina Consultants of America (RCA) is a physician management services organization formed by private equity firm Webster Equity Partners in 2020. Headquartered in Southlake, Texas, RCA has more than 215 physicians across more than 300 locations in 19 states, including California, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Minnesota, Mississippi, Missouri, New York, North Carolina, South Carolina, South Dakota, Tennessee, Texas, Utah and... Read More »
ActivePro Rehab Partners Acquires 4 Oaks Physical Therapy
ActivePro Rehab Partners, a physical and occupational rehabilitation care development firm owned by The Beekman Group, announced an expansion of the company’s portfolio into Maryland with the acquisition of 4 Oaks Physical Therapy, a rehabilitative therapy provider with six locations across Maryland. According to the LevinPro HC database, this marks the 76th Rehabilitation transaction of 2022. With the acquisition, 4 Oaks Physical Therapy will grow their physical presence through a significant expansion to serve additional Maryland communities. Terms of the deal were not disclosed. This marks the second acquisition by ActivePro Rehab Partners during November 2022 following the... Read More »
OrthoAlliance Acquires Central Indiana Orthopedics
OrthoAlliance, backed by Beacon Orthopaedics and Revelstoke Capital Partners, announced on November 15 that it acquired Central Indiana Orthopedics. The transaction represents OrthoAlliance’s fifth acquisition of the year. Founded in 1950, Central Indiana Orthopedics is an independent orthopedic practice that delivers care to patients with bone, joint and muscle injuries and conditions. The practice has locations in Anderson, Elwood, Fishers, Marion, Muncie and Winchester, Indiana, and is run by 26 doctors. OrthoAlliance, a physician-led management services organization (MSO) for orthopedic groups, was formed in 2019 in partnership with Beacon Orthopaedics and Revelstoke Capital... Read More »
The Smilist Enters Connecticut With Danbury Dental Group Acquisition
The Smilist Management, Inc. has entered the Connecticut market with its acquisition of Danbury Dental Group. The Smilist is a dental group offering general and cosmetic dentistry. Since its founding in 2014, The Smilist has grown to support dental offices in New York, New Jersey, Pennsylvania and Connecticut. Danbury Dental Group is a group practice located in Danbury, Connecticut. Dr. Daniel Tseng, Dr. Louise Sarabia and Dr. Adi Kedem treat patients at Danbury Dental Group. Terms of the deal were not disclosed. According to the LevinPro HC database, this was the 181st dental practice transaction of 2022. This compares with 79 dental practice deals reported between January 1, 2021, and... Read More »
Telix Pharmaceuticals Acquires Optimal Tracers
Telix Pharmaceuticals Limited has acquired Sacramento, California-based Optimal Tracers. Optimal Tracers is a division of Northern California PET Imaging Center, a not-for-profit business providing clinical and clinical trial imaging services in northern California. Optimal Tracers provides manufacturing and development radiochemistry services in support of academic and pharmaceutical research activities. Telix Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of diagnostic and therapeutic radiopharmaceuticals. Telix is developing a portfolio of radiopharmaceutical products that aims to address significant unmet medical needs in oncology and... Read More »
Pennsylvania Ambulance Acquires Commonwealth Health EMS
Pennsylvania Ambulance has acquired Commonwealth Health EMS in a deal involving organizations based in northeast Pennsylvania. Located in Scranton, Pennsylvania, Commonwealth Health EMS is a full-service medical transportation provider offering lifesaving services. Headquartered in Dunmore, Pennsylvania, Pennsylvania Ambulance is a locally owned and operated EMS provider. Terms of the deal were not disclosed. According to the LevinPro HC database, this is the 11th medical transportation services deal of 2022. This compares with six medical transportation services transactions reported between January 1, 2021, and November 15, 2021. Read More »
CDMOs Kindeva Drug Delivery & Meridian Medical Technologies to Merge
Kindeva Drug Delivery, a Woodbury, Minnesota-based medical manufacturer, is merging with Meridian Medical Technologies, a maker of auto-injector pens and similar devices based in St. Louis, Missouri. Kindeva and Meridian will continue to operate independently until closing. The combined company will have a substantial breadth of drug delivery capabilities, with expertise and technology spanning the parenteral, inhalation, transdermal and intradermal routes of administration. Milton Boyer, CEO of Meridian, will be CEO of the newly combined company. Financial terms of the deal were not disclosed. Kindeva Drug Delivery is a contract development manufacturing organization (CDMO) for... Read More »
