EyeSouth Partners Acquires Sunvera Group, Expanding into Michigan
EyeSouth Partners announced its expansion into Michigan with the acquisition of Sunvera Group. The financial terms were not disclosed. Sunvera Group is a management services organization (MSO) that provides management and administrative solutions to ophthalmology practices and ambulatory surgery centers in the Midwest. Sunvera Group supports more than 16 practices, 45 physicians, 23 ophthalmology clinics and four ambulatory surgery centers in Michigan, Ohio and Pennsylvania. EyeSouth Partners, a portfolio company of Olympus Partners since 2022, is an eye care services organization in the Southeast. EyeSouth’s affiliate network consists of more than 40 practices with more than... Read More »
UnitedHealth Divests 164 Locations to Settle Antitrust Concerns in Amedisys Deal
UnitedHealth Group has agreed to sell off a number of hospice and home health locations to resolve U.S. antitrust concerns over its $3.3 billion acquisition of Amedisys. The Justice Department and attorneys general from four states (Maryland, Illinois, New Jersey and New York) filed a civil antitrust lawsuit in November 2024 to block the deal, arguing it would reduce competition in the home health services market. The divestiture includes 164 home health and hospice locations (including one affiliated palliative care facility) across 19 states, accounting for approximately $528 million in annual revenue. The settlement also requires divestiture of eight additional locations if regulatory... Read More »
Aveanna Healthcare Expands in Hospice Sector with Full Ownership of 63 Facilities
Aveanna Healthcare Senior Services LLC holds a prominent position in the hospice sector across multiple states, maintaining full ownership of 63 facilities. This information comes from the latest data from CMS. Aveanna’s operations are concentrated in Alabama, where it affiliates with 18 facilities. Of these, 11 are dedicated to hospice services, while the remainder are affiliated with home health care. The company’s facility presence also includes Florida with nine facilities, Minnesota with six and states like Iowa and Wisconsin, each with six facilities. The hospice sector sees Aveanna as a top competitor, particularly in Alabama, where it aligns with other major owners such... Read More »
Team Select Home Care Buys Massachusetts-Based Marathon Nursing
Team Select Home Care announced that it has acquired Marathon Nursing for an undisclosed price. Marathon Nursing, headquartered in Braintree, Massachusetts, delivers skilled home nursing care to medically complex adult patients. Founded in 2008, Team Select Home Care is a provider of in-home private-duty nursing services. The company serves medically complex pediatric and adult patients across 15 states. “This is about more than a name,” Team Select Home Care CEO Fred Johnson said in a statement. “It’s about building on Marathon’s strong local foundation while bringing in Team Select’s national support and infrastructure. Together, we are better equipped to serve families and empower... Read More »
Alcon to Acquire STAAR Surgical Company
According to an August 5 announcement, Alcon has entered into a definitive merger agreement to acquire STAAR Surgical Company. The transaction represents a total equity value of approximately $1.5 billion. STAAR Surgical Company, together with its subsidiaries, designs, develops, manufactures and sells implantable lenses for the eye and accessory delivery systems to deliver the lenses into the eye. According to its most recent annual report, STAAR generated $313.9 million in revenue during the fiscal year 2024 and had an EBITDA loss of $8 million. Alcon, a division of Novartis, researches and develops products for eye conditions such as cataracts, glaucoma, retinal diseases and refractive... Read More »
Addus HomeCare Buys Helping Hands Home Care Service During Second Quarter
Addus HomeCare Corporation announced its acquisition of Helping Hands Home Care Service during its second-quarter earnings call on August 5, 2025. Helping Hands is being acquired for $21.2 million. Helping Hands is a home care company with locations in Western Pennsylvania. It offers a range of home-based services, mainly personal care, including home health and hospice services. According to the original deal press release, Helping Hands has nearly $17 million in annualized revenue and employs more than 500 people serving approximately 600 patients daily. Addus HomeCare provides home care services, primarily including personal care services that assist with activities of daily living,... Read More »
ReFocus Eye Health Expands Virginia Presence
ReFocus Eye Health, based in Waterbury, Connecticut, announced on August 1 that it was expanding its presence in Virginia with the acquisition of The Eye Center. The Eye Center is an ophthalmology and refractive surgery practice offering iLASIK, EVO Visian Implantable Collamer Lens and advanced treatments such as CustomVue and iDESIGN-2.0. It is based in Sterling, Virginia, a suburb of Washington, D.C. According to its website, there are 12 physicians on staff. ReFocus Eye Health, a portfolio company of investment firm Zenyth Partners, is an eye care management services organization supporting a leading network of comprehensive ophthalmology and retina practices. The ReFocus... Read More »
Megadeals in Healthcare: A 2025 Mid-Year Review and Outlook
Healthcare megadeals, defined as transactions valued at $1 billion or more, slowed notably in the first half of 2025, according to data captured in the LevinPro database. There were 18 megadeals announced during the first half of 2025, a 33% decline from the 27 deals announced during the same period of 2024. The decline marks the lowest mid-year tally since 2020 and continues a downward trend from the 30 megadeals announced in the first half of 2022 and 19 in the first half of 2023. While the billion-dollar threshold was still crossed multiple times across the Biotechnology, Pharmaceutical, eHealth, Medical Devices and more sectors, the pace of activity suggests growing caution among... Read More »
Guardian Pharmacy Services Strengthens Pacific Northwest Presence With Acquisition
Guardian Pharmacy Services, Inc. announced on August 4 its acquisition of Managed Healthcare Pharmacy in Eugene, Oregon. Established in 1991, Managed Healthcare Pharmacy is one of Oregon’s largest long-term care (LTC) pharmacies, serving LTC communities across both Oregon and Washington. The pharmacy serves residents in assisted living and behavioral health communities, as well as individuals with intellectual and developmental disabilities. Founded in 2004 and headquartered in Atlanta, Georgia, Guardian is one of the nation’s largest LTC pharmacy companies. Guardian’s pharmacies provide client services and resident care to LTC communities, including assisted living and skilled... Read More »Schedule a demo
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