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PointClickCare Partners with Sound Physicians to Deliver Fully Integrated Virtual Health
On January 6, PointClickCare, a leader in cloud-based healthcare software for the long-term and post-acute care (LTPAC) market, announced a partnership with Sound Physicians to offer a fully integrated virtual health solution to LTPAC healthcare providers based in the United States. Founded in 1995, PointClickCare is the leading healthcare technology platform enabling meaningful collaboration and access to real‐time insights at any stage of a patient’s healthcare journey. PointClickCare’s single platform spans the care continuum, fostering proactive, holistic decision‐making and improved outcomes for all. Over 21,000 long‐term, acute and post‐acute care providers and over 1,300 hospitals... Read More »
US Eye Expands Its Presence in Florida
US Eye, a physician-led, patient-focused consolidator in the eye care space, acquired three optometry practices in central Florida, including the practice of Rick Billings, O.D., Hart Eye Care, and Precision Eye Care of Central Florida. Rick Billings, O.D., is a solo practitioner in Sarasota, Florida. His practice has been serving patients since 1983. Hart Eye Care was founded by Andrew Hart, O.D. and Brenda Hart, O.D. in 1993 and is based in Fort Myers, Florida. Precision Eye Care of Central Florida, located in Altamonte Springs and Mount Dora, was founded in 1974 and employs two optometrists, Jennifer Hill, O.D. and Kaitlyn Smith, O.D. US Eye, a portfolio company of private equity firm... Read More »
BayMark Health Services Expands In New Hampshire
BayMark Health Services, a provider of substance abuse treatments, announced that it was acquiring Granite Recovery Centers, based in Salem, New Hampshire. The financial terms of the deal were not disclosed. Granite Recovery Centers has two residential treatment facilities and several sober living homes throughout southern New Hampshire that serve adult patients from across New England and throughout the country. Granite Recovery Centers offers treatment for a variety of addictions including opioids, alcohol, cocaine, methamphetamine, prescription drugs and other substances. BayMark Health Services, a portfolio company of Webster Equity Partners, provides medication-assisted treatment for... Read More »
Access Dental Management LLC Expands into New Mexico
Access Dental Management LLC, a dental support organization, acquired Bridget Burris D.D.S.- Las Cruces Dentist, a dental practice in Las Cruces, New Mexico. The deal was announced by Surge Private Equity LLC and was closed with debt financing provided by Corbel Capital Partners. Access Dental Management, a portfolio company of Surge Private Equity LLC, is a dental support organization with multispecialty clinics throughout the country. It was established in 2008 and is based in Austin, Texas. Surge Private Equity is a Dallas-based private equity firm that seeks majority investments in growing businesses with $2 million through $7.5 million in EBITDA. Founded in 1987, Bridget Burris... Read More »
Vision Innovation Partners Expands into Maryland
Vision Innovation Partners, a leading eye care platform, announced that it had acquired Bel Air, Maryland-based Advanced Eye Care, a comprehensive eye care practice. Run by Dr. Lisa K. Feulner, Advanced Eye Care provides a full spectrum of ophthalmic diagnostic and treatment services. Based in Bel Air, Maryland it offers its services to the surrounding area and, additionally, it has an onsite medspa. Founded in 2017, Vision Innovation Partners, a portfolio company of Centre Partners, operates a network of ophthalmology service providers in the Mid-Atlantic region. Vision Innovation Partners’ footprint now includes nearly 60 practice locations and 10 surgery centers across Maryland,... Read More »
Mediclinic Middle East Acquires Ayadi Home Healthcare
On January 3, Mediclinic Middle East, one of the leading private hospital groups in the United Arab Emirates (UAE), announced the acquisition of Ayadi Home Healthcare, which provides home healthcare services to patients in Abu Dhabi and Al Ain. The financial terms of the transaction were not disclosed. Ayadi, with a team of medical professionals including doctors, nurses and therapists, currently provides home healthcare services including respiratory care, medicine administration, wound and ulcer care, chronic disease management, nutritional therapy, total parenteral nutrition, physical therapy and occupational therapy. Mediclinic Middle East, part of Mediclinic International plc,... Read More »
Physical Rehabilitation Network Acquires Bonney Lake Physical Therapy & Hand Rehab in Washington State
On December 29, Physical Rehabilitation Network, LLC (PRN) announced the acquisition of Bonney Lake Physical Therapy & Hand Rehab, PLLC (Bonney Lake PT), continuing its expansion in the state of Washington. The Bonney Lake practice will elevate PRN’s Washington footprint to 22 clinics. Founded in 1991 and headquartered in Carlsbad, California, PRN is a leading physical therapy care provider and comprehensive practice management organization providing non-clinical, administrative support services to physical therapists across 16 states in the western and central portions of the United States. PRN is a portfolio company of Gryphon Investors, a leading middle-market private equity firm... Read More »
Inspira Health Network Acquires Salem Medical Center
Inspira Health Network, a charitable nonprofit health care organization in New Jersey, has a new system under its banner. The health system has announced Salem Medical Center will be joining its network. Salem Medical Center is an 87-bed facility owned by Salem County Hospital Corp., a not-for-profit that was formed to acquire the facility from publicly traded Community Health Systems Inc. The hospital was purchased in 2019 and valued the facility at $1 million. Salem Medical Center recently added a 26-bed Behavioral Health Unit and offers a variety of healthcare services. In 2019, the hospital generated $53 million in net patient revenue but recorded an operating loss of nearly $1... Read More »
Quidel Corporation Signs Definitive Agreement to Acquire Ortho Clinical Diagnostics
On December 23, Quidel Corporation and Ortho Clinical Diagnostics Holdings plc announced that they have entered into a definitive agreement in which Quidel will acquire Ortho, one of the world’s largest in vitro diagnostics companies. The transaction, which is subject to approval by both companies’ shareholders as well as customary closing conditions and regulatory approvals, is expected to close in the first half of 2022. Quidel will acquire Ortho for $24.68 per share of common stock, for a total consideration of approximately $6.0 billion, including $1.75 billion of cash, funded through cash on the balance sheet and incremental borrowings. The combined company will also acquire Ortho’s... Read More »Schedule a demo
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