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Deerfield Management Expands as a Leading Hospice Affiliate in Alaska
By LevinPro HC Deerfield Management Company LP affiliates with one facility in the hospice sector within Alaska, based on the latest CMS data. The data indicate that Deerfield is among the top entities in this region, owning a facility. However, multiple other organizations also affiliate with single facilities in the hospice sector, including PeaceHealth and Providence St. Joseph Health. The company has a significant footprint across various states, with a total of 214 facilities, but none with full ownership. Nearly all its facilities (213) are affiliated under partial ownership, ranging from 5 to 50%, reflecting the company’s strategy of broad affiliation without majority stakes.... Read More »
Danish Company SSI Diagnostica Acquires Florida-Based Gulf Coast Scientific
SSI Diagnostica, a portfolio company of private investment firm Adelis Equity, announced that it has acquired Gulf Coast Scientific. Gulf Coast Scientific develops, manufactures and distributes non-invasive diagnostic solutions for the detection of Helicobacter Pylori. Founded in 1996, the company has a record of FDA-approved product ranges composed of various samplers, port analyzers and test tubes. The company has a strong position in the American as well as international markets. Based in Denmark, SSI Diagnostica is a global developer and manufacturer of in vitro diagnostic solutions for infectious diseases focused on gastric, respiratory and bloodborne conditions. The acquisition of... Read More »
Teladoc Health Acquires Virtual Mental Health Provider UpLift
Teladoc Health announced that it acquired UpLift in an all-cash transaction for $30 million, with up to $15 million in additional contingent earnout consideration. Headquartered in Tampa, Florida, UpLift is a tech-enabled provider of virtual mental health therapy, psychiatry and medication management services. UpLift serves the health plan market and has arrangements covering more than 100 million lives and a network of more than 1,500 mental health professionals. According to the original deal press release from April 30, 2025, UpLift’s 2024 revenue was approximately $15 million. Teladoc Health manages digital health services such as telehealth, AI and analytics. The organization delivers... Read More »Peacehealth Dominates Hospice Sector in Alaska
By LevinPro HC Peacehealth affiliates with more than 25 facilities across Alaska, Oregon, and Washington, according to the latest CMS data dated January 2025. The organization holds full ownership of 25 facilities, maintaining a commanding presence in the healthcare sector. In Alaska, PeaceHealth affiliates with five facilities, including two critical access hospitals, one hospice, and a home health facility. The organization also affiliates with additional facilities in Washington and Oregon, including 14 in Washington and seven in Oregon, covering various sectors such as critical access hospitals, hospitals, and hospice care. The hospice sector, specifically in Alaska, is a key focus for... Read More »Compassus Leads Home Health Sector in Montana: A Data-Driven Analysis
By LevinPro HC Overview of Ownership Structure According to the latest CMS data, Compassus Parent, Inc. manages 108 facilities, with full ownership of 91. Additionally, it holds partial ownership in 17 facilities, indicating a strong operational capacity across its portfolio. State and Sector Distribution Compassus predominantly operates in the hospice sector, with 92 facilities nationwide, compared to 16 in home health. Specifically in Montana, Compassus operates two hospice facilities and two home health facilities. Facility Distribution by State In Texas, Compassus affiliates with nine facilities, its largest concentration in a single state. Wisconsin, Alabama, and Michigan each follow... Read More »
Private Buyers Acquire King Dental & Associates Limited
Christie & Co., a leading specialist advisor for buying and selling businesses in Britain, announced that it closed the sale of King Dental & Associates Limited. The financial terms of the acquisition were not disclosed. King Dental & Associates Limited is based in Carnforth, England. It is a five-surgery NHS dental practice with four physicians on staff. The private buyers are Dr. Adam Kantharia and Dr. Ibrahim Matadar. Nothing else was disclosed. According to data in the LevinPro HC database, this transaction represents the 150th Physician Medical Group acquisition of 2025 and the 75th in the dental specialty. In 2024, 242 dental transactions were... Read More »
South Bend Medical Foundation Acquires ChartPro
On April 29, South Bend Medical Foundation (SBMF) announced that it acquired ChartPro. ChartPro is a medical records administration business based in Atlanta with an electronic health record (EHR) platform. SBMF provides pathology and blood services out of three locations in the South Bend, Indiana MSA. According to its website, there are 18 pathologists on staff and a total of 140 employees. The acquisition strengthens SBMF by diversifying its healthcare services, specifically expanding its capabilities managing EHR. The financial terms were not disclosed. ChartPro will retain its name, and there will be no impact on the 30 to 40 employees working for the... Read More »
Merck KGaA, Darmstadt, Germany Buys SpringWorks Therapeutics
Merck KGaA, Darmstadt, Germany announced that it is acquiring SpringWorks Therapeutics, a Stamford, Connecticut-based commercial-stage biopharmaceutical company focused on severe rare diseases and cancer. The transaction is expected to close in the second half of 2025. SpringWorks is developed and commercializing OGSIVEO® (nirogacestat) as the first and only FDA-approved medicine for adults with desmoid tumors and GOMEKLI™ (mirdametinib) as the first and only FDA-approved medicine for both adults and children with neurofibromatosis type 1 associated plexiform neurofibromas. It is also advancing a diverse portfolio of novel targeted therapy product candidates for patients with both solid... Read More »
Smartlinx Acquires Software Provider StafferLink
SmartLinx, announced on April 28 that it has acquired StafferLink, a provider of contingent staffing management software for the healthcare industry. The acquisition was backed by Los Angeles, California-based private equity firm Lone View Capital and follows its investment in Smartlinx in 2023. StafferLink provides a purpose-built SaaS platform for healthcare facilities, staffing agencies and managed service providers to source, manage and pay their contingent workforce. These solutions streamline end-to-end staffing operations, covering recruiting, credentialing, scheduling, time capture, payroll and billing. In aggregate, StafferLink fills more than 2 million shifts and manage more than... Read More »Schedule a demo
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