Bradford Health Announces the Acquisition of The Last Resort, Crestone Wellness and The Chapter House in Texas
Bradford Health Services announced on July 2 the acquisition of three Texas-based programs: The Last Resort Recovery Center, Crestone Wellness and The Chapter House. The acquisition expands Bradford’s footprint across Central and North Texas. Headquartered in Smithville, Texas, The Last Resort Recovery Center offers comprehensive addiction treatment for men on a secluded 55-acre Central Texas ranch. Its men’s-only program provides the full continuum of care including detox, residential treatment and outpatient services for substance abuse and dual diagnosis conditions. Crestone Wellness is a drug rehab in Taylor, Texas offering comprehensive addiction treatment services including... Read More »
Nordic Capital Becomes Majority Owner of Arcadia
Arcadia and Nordic Capital have announced a strategic partnership where Nordic Capital will become the majority owner of Arcadia. The transaction is expected to close in the second half of 2025, subject to customary regulatory approvals and closing conditions. Arcadia is a population health management technology company supporting healthcare enterprises taking on risk and transitioning to value-based care. Arcadia’s platform integrates data from across the healthcare ecosystem and transforms it into insights that generate improved outcomes and quality, increased revenue and reduced costs for providers, payers and government organizations. With differentiated access to rich datasets,... Read More »
Texas Health Resources M&A Activity in LevinPro Database
Texas Health Resources has been linked to a hospital merger or acquisition in the LevinPro HC M&A deal database. The organization is affiliated with Texas Health Hospital Frisco, a not-for-profit hospital situated at 12400 N Dallas Pkwy in Frisco, Texas. It was incorporated on September 10, 2018. LevinPro HC, which tracks M&A activity across more than a dozen healthcare sectors from hospitals and home health to medical real estate and biopharma, profiled the transaction involving Texas Health Hospital Frisco in its deal database, which is available to subscribers here. LevinPro HC has tracked thousands of deals in the hospital sector throughout its history. To see the underlying... Read More »
Novant Health, Inc. Involved in Hospital Merger with South Carolina Coastal Medical Center LLC in LevinPro Database
Novant Health, Inc. has been linked to a hospital merger or acquisition in the LevinPro M&A deal database. The organization is affiliated with South Carolina Coastal Medical Center LLC, a not-for-profit hospital situated at 1000 Medical Center Drive in Hardeeville, South Carolina. LevinPro, which tracks M&A activity across more than a dozen healthcare sectors from hospitals and home health to medical real estate and biopharma, profiled the transaction involving South Carolina Coastal Medical Center LLC in its deal database, which is available to subscribers here. LevinPro has tracked thousands of deals in the hospital sector throughout its history. To see the underlying deal data,... Read More »
Premier, Inc. Expands Clinical Decision Support Capabilities with IllumiCare Deal
Premier, Inc. has announced the acquisition of IllumiCare, a healthcare technology firm known for its electronic medical record (EMR)-agnostic platform. IllumiCare offers a suite of applications that deliver real-time, patient-specific data to clinicians to assist in decision-making and operational tasks in healthcare settings. Already used by more than 82,000 providers, including independent physicians and ambulatory networks, the IllumiCare platform is compatible with more than 50 EMR systems used across the care continuum. It was founded in 2014 and is based in Vestavia, Alabama. Premier is a technology-driven healthcare improvement company that provides solutions to two-thirds of all... Read More »
JLL Partners Announces Investment in Vascular Technology
JLL Partners announced an investment in Nashua, New Hampshire-based Vascular Technology (VTI). VTI is a medical device company specializing in the development, manufacture, and sale of surgical devices, including Intraoperative Doppler Systems and Surgical Suction Irrigation Systems. The company provides products that are utilized across multiple surgical specialties, including vascular, reconstructive, urology, GI endoscopy, neuro and robotic surgery. VTI is ISO 13485 certified and FDA registered. JLL Partners is a middle-market private equity firm based in New York, New York. Since its founding in 1988, JLL Partners has committed approximately $8 billion of equity capital across nine... Read More »
OneOncology Acquires Hematology Oncology Associates of the Treasure Coast
On June 30, OneOncology announced that it acquired Hematology Oncology Associates of the Treasure Coast (HOATC). HOATC is a physician-owned oncology practice with six physicians treating patients at four clinics located throughout the St. Lucie and Martin Counties in Florida. The practice offers patients comprehensive care along the cancer care continuum, including clinical trials. OneOncology is a national network of independent community oncologists who assist partner practices in expanding their cancer care services. The company’s 1,000 cancer care providers care for approximately 615,000 patients at more than 339 sites nationwide. In April 2023, OneOncology was... Read More »
Davis Healthcare Acquires Medical Outpatient Building Portfolio for $34 Million
Davis Healthcare Real Estate announced on June 26 that it acquired a medical outpatient building (MOB) portfolio with one location in Coralville, Iowa and one in Maplewood, Minnesota. The MOBs were purchased for a total of $34 million. Coral West Medical Building is a three-story, 60,351-square-foot MOB in close proximity to the University of Iowa campus. Davis acquired the property for $24.15 million, or approximately $400 per square foot. At closing, the building was 97% leased with more than 65% of the space leased to the University of Iowa. Among the services provided by University of Iowa Healthcare are primary care and internal medicine, obstetrics and gynecology, neurology,... Read More »
