CoachCare Buys California-Based RPM Company Dedica Health

CoachCare Buys California-Based RPM Company Dedica Health

CoachCare ended October 2024 with an acquisition announcement. The company announced on October 29 that it acquired Dedica Health for an undisclosed amount. Dedica Health is a California-based remote patient monitoring (RPM) company, with expertise in primary care and cardiology. The Dedica Health app monitors patient data from connected devices between office visits. CoachCare is a New-York based RPM and virtual health company. More than 150,000 patients in 3,000 locations benefit from CoachCare’s suite of virtual tools, including remote patient monitoring, video conferencing, real-time messaging, screening, content sharing and connected devices. The two digital health companies have... Read More »
Headlands Research Acquires Trial Management Associates

Headlands Research Acquires Trial Management Associates

Headlands Research has announced the acquisition of Trial Management Associates (TMA). The addition of TMA extends Headlands Research’s southeastern U.S. geographical reach. The Headlands Research network now includes 21 sites across the United States and Canada. Financial terms of the deal were not disclosed. TMA is a multi-site clinical research company with locations in North and South Carolina. The company is headquartered in Wilmington, North Carolina, with an additional location in Myrtle Beach, South Carolina. TMA brings experience across various therapeutic specialties, including vaccines, endocrinology and more. Headlands Research, a portfolio company of KKR & Co., is a... Read More »
Elevate Patient Financial Buys RCM Provider NYX Health Eligibility Services 

Elevate Patient Financial Buys RCM Provider NYX Health Eligibility Services 

Elevate Patient Financial Solutions announced on November 5 the acquisition of NYX Health Eligibility Services for an undisclosed price. NYX Health Eligibility Services provides revenue cycle management (RCM) solutions focused on Medicaid eligibility verification and enrollment on behalf of hospitals and health systems. NYX Health Eligibility Services was founded in 2023 and is based in Alpharetta, Georgia. Elevate Patient Financial Solutions delivers RCM solutions to hospitals, health systems and health providers nationwide. ElevatePFS is backed by private equity firms Frazier Healthcare Partners and The Edgewater Funds. This acquisition strengthens Elevate’s current eligibility and... Read More »
Earnings Week in Review: Navigating Challenges and Growth in Q3 2024 Healthcare

Earnings Week in Review: Navigating Challenges and Growth in Q3 2024 Healthcare

We’re taking a look at some of the major companies reporting earnings in the week of October 28 – November 1, across a variety of sectors. Managed Care providers Humana and Cigna reported significant growth, driven by their health insurance offerings. The eHealth space saw Teladoc Health and American Well Corp. navigating competitive pressures and market shifts, highlighting the dynamic nature of digital health. Meanwhile, Stryker Corp.’s strong earnings performance in the Medical Devices segment contrasted with Avanos Medical’s struggle with cost pressures. These earnings reports offer a comprehensive view of the healthcare industry’s current performance and future... Read More »
DRI Healthcare Trust Acquires Interest in KalVista Pharmaceuticals’ Sebetralstat for $100 Million 

DRI Healthcare Trust Acquires Interest in KalVista Pharmaceuticals’ Sebetralstat for $100 Million 

On November 4, DRI Healthcare Trust announced that it acquired the royalty interest in Sebetralstat, a novel investigational candidate for the oral, on-demand treatment of hereditary angioedema from KalVista Pharmaceuticals, Inc.  Sebetralstat is under regulatory review by the FDA with a Prescription Drug User Fee Act goal date of June 17, 2025. KalVista Pharmaceuticals, Inc. is a global pharmaceutical company.  DRI Healthcare Trust is a healthcare royalty investment company based in Toronto. The company is managed by DRI Capital, a Canadian healthcare royalty private equity firm. Since its initial public offering in 2021, DRI has deployed more than $1 billion, acquiring more... Read More »
OrthoIndy and Indiana Hand to Shoulder Center Announce Merger 

OrthoIndy and Indiana Hand to Shoulder Center Announce Merger 

On October 30, OrthoIndy announced that it was purchasing Indiana Hand to Shoulder Center for an undisclosed amount.   Indiana Hand to Shoulder Center is an orthopedic practice with 10 locations across Indiana. According to its website, there are 12 physicians on staff.  OrthoIndy is an orthopedic practice based in Indiana. With more than 85 physicians on staff, the practice operates out of 13 locations across the state.   “This alignment works to ensure that we will continue to serve the community’s orthopedic needs as an independent physician practice, which we believe is vital to Indiana’s healthcare ecosystem,” said John Ryan, CEO of OrthoIndy. “In a world... Read More »
The Current State of the Healthcare Investment Market: Insights from the McGuireWoods Healthcare Finance and Growth Conference

The Current State of the Healthcare Investment Market: Insights from the McGuireWoods Healthcare Finance and Growth Conference

McGuireWoods’ 17th Annual Healthcare Finance and Growth Conference brought together more than 200 healthcare leaders to explore the latest developments and challenges shaping the industry in 2024 and beyond. Through a combination of in-depth panels and engaging networking sessions, attendees had the opportunity to connect with industry peers and gain insights into emerging trends and sectors, from the future of telehealth to the evolving role of value-based care in driving healthcare outcomes. With 15 panels and 57 speakers, the conference covered a wide array of topics, offering actionable strategies for navigating the current and evolving healthcare investment market landscape. On day... Read More »
Empowering Women in Private Equity: Insights from Cara Reymann at McGuireWoods Conference

Empowering Women in Private Equity: Insights from Cara Reymann at McGuireWoods Conference

It was a rainy day in Charlotte, North Carolina, when a group of women gathered to discuss their roles in private equity and finance at McGuireWoods’ 17th Annual Healthcare Finance and Growth Conference. The team at LevinPro HC sat down with Cara Reymann, CEO of First Fertility and one of the keynote speakers at the conference. The company helps patients on their fertility journey through more than 35 fertility practices and centers across the United States. With more than 20 years of executive experience in healthcare services, Reymann previously served as president of Fertilitas, a company that operates a network of fertility clinics across the country. Her keynote address at the Women... Read More »
MB2 Dental Acquires Four Dental Practices 

MB2 Dental Acquires Four Dental Practices 

On October 29, MB2 Dental Solutions, a portfolio company of middle-market private equity firm Charlesbank Capital Partners since February 2021, announced that it acquired four dental practices.   Cypress Creek Dental, a cosmetic and family dentistry practice, operates out of one location in Florence, Alabama. According to its website, the dental practice has two physicians on staff: Drs. Tia Kennedy and Whitney Flippo.  Adult & Pediatric Dental Studio is based in Manalapan Township, New Jersey. According to its website, there are six providers on staff.  Based in Copperas Cove, Texas, Cove Family Dental is a sleep and implant dentistry practice. According to its... Read More »
CoachCare Buys California-Based RPM Company Dedica Health

VitalHub Announces Acquisition of Strata Health

VitalHub Corp. announced that it has acquired Strata Health Solutions Inc., a leading provider of patient flow solutions internationally. Strata Health is being purchased for a total up-front consideration of $32.3 million CAD (approximately $23.3 million USD), plus potential performance-based consideration. Based in Calgary, Canada, Strata Health designs, builds and deploys software that improves access and navigation to care. Strata Health has more than 80 health system partners and works with more than 500 hospitals to provide more than 800,000 patient transitions annually. The company serves customers in Canada, the United States, the United Kingdom and New Zealand with offices... Read More »