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Abode Healthcare Expands Hospice Presence Across Multiple States
Abode Healthcare, Inc. expands its presence in the hospice sector, as reflected in recent data from the Centers for Medicare & Medicaid Services (CMS). Based in Colorado, the company affiliates with 43 facilities focused primarily on hospice care. Facility Distribution Across States Abode maintains a presence in several states, with eight facilities in Virginia and seven in Colorado. The company affiliates with multiple units in Alabama and Pennsylvania, each hosting four facilities. Additionally, it collaborates with facilities in Texas, Arkansas, Indiana, Wisconsin, Nevada, Mississippi and Iowa, with the remainder distributed across Ohio, Louisiana, California and Minnesota. Sector... Read More »
Phoenix Intermediate Holdings Expands Hospice and Home Health Facilities
Phoenix Intermediate Holdings Inc. affiliates a total of 89 healthcare facilities, reflecting its substantial presence in the hospice and home health sectors, according to the latest data from the Centers for Medicare & Medicaid Services. It demonstrates full ownership in 86 of these facilities, highlighting its integration within these fields. In hospice care, the company affiliates with 47 facilities, while it affiliates 42 facilities in home health. The company is strategically headquartered in Colorado and has expanded its reach across several states. North Carolina leads with 13 facilities affiliated with Phoenix Intermediate, followed by Tennessee with 12 and Virginia with 10. In... Read More »
Concentra Biosciences Acquires iTeos Therapeutics for $434 Million
Concentra Biosciences, LLC announced that it entered into an agreement to acquire iTeos Therapeutics for more than $434.4 million. iTeos Therapeutics is a clinical-stage biopharmaceutical company pioneering the discovery and development of a new generation of immuno-oncology therapeutics for patients. iTeos Therapeutics leverages its deep understanding of tumor immunology and immunosuppressive pathways to design novel product candidates with the potential to restore the immune response against cancer. According to iTeos Therapeutics’ financial reports, the company reported $35 million in revenue for the full year 2024. Concentra Biosciences is owned by Tang Capital... Read More »
ArchiMed Acquires ZimVie for $730 Million
On July 21, ArchiMed announced that it purchased ZimVie for $730 million. ZimVie stockholders will receive $19 in cash for each share of ZimVie common stock outstanding at the closing of the transaction. ZimVie is a global life sciences leader in the dental market that develops, manufactures and delivers a comprehensive portfolio of products and solutions designed to support dental tooth replacement and restoration procedures. Zimvie spun out of Zimmer Biomet in 2022 and has since broken off into smaller pieces. ArchiMed is an independent private equity investment firm focused exclusively on the healthcare industry. It has directly managed and invested in more than... Read More »
Centerstone and Brightli Merge
On July 17, it was announced that Centerstone and Brightli were merging into a company that is valued at a combined annual revenue of $1 billion. Brightli is a behavioral health care company. Brightli’s subsidiaries include Burrell Behavioral Health (and subsidiary Comprehensive Mental Health Services), Preferred Family Healthcare, Southeast Missouri Behavioral Health, Firefly Supported Living & Employment Services, Adult & Child Health and Brightli Foundation. According to its 2024 financial report, Brightli generates $550 million in revenue annually. Centerstone is one of the nation’s largest behavioral healthcare providers. It offers a range of treatment,... Read More »
The IMA Group Acquires Medical Research Network in New York City
The IMA Group (IMA) announced on July 21 the acquisition of Medical Research Network for an undisclosed price. Medical Research Network is a U.S.-based clinical research site located in New York City, specializing in psychiatry and neurology trials focused on central nervous system (CNS) disorders. IMA provides government workers with medical, psychological and related evaluations, as well as ancillary services, assists payers with case management and occupational health management solutions and offers clinical research firms access to new advances in pharmacology and biotechnology for research subjects. Medical Research Network will continue operating under its current... Read More »
Behind the Deal: Creach Family Holdings Bolsters Midwest Home Health Presence with Freudenthal Acquisition
Creach Family Holdings announced that it has expanded its home health footprint in the Kansas City MSA, with the acquisition of Freudenthal Home-Based Healthcare. The transaction closed in early July 2025 and was facilitated by Agenda Health, an Austin, Texas-based M&A advisory firm specializing in healthcare. Agenda Health acted as the exclusive sell-side advisor to Freudenthal Home-Based Healthcare. Founded by Joe Freudenthal, Freudenthal Home-Based Healthcare is a provider of in-home health services based in St. Joseph, Missouri. With a strong footprint in Missouri, the company offers a comprehensive continuum of care, ranging from in-home assistance to skilled nursing and hospice... Read More »
Res-Care Inc’s Significant Presence in Colorado’s Hospice Sector
Res-Care Inc affiliates with seven hospice facilities in Colorado, as per the latest data from CMS. This positions the organization as a prominent entity in the hospice sector within the state. Focusing on hospice care, Res-Care plays a role in this healthcare segment. Across its operations, Res-Care affiliates with 89 facilities nationwide, illustrating its commitment to maintaining control over its services. In Colorado, the organization consolidates its presence with four hospice facilities and three home health providers, aligning with its primary focus on hospice care. On a state level, other major players like Silverton Abode, LLC and Comfort Bridge also hold a similar number of... Read More »
