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Novant Health Acquires Southeastern Spine Institute
Novant Health, based in Winston-Salem, North Carolina, announced that it acquired Mount Pleasant, South Carolina-based Southeastern Spine Institute (SSI) for an undisclosed price. Since it was established in 1990, SSI has provided a wide range of spine procedures, including surgery and nonsurgical care, rehabilitation, pain management, physical therapy and advanced imaging. More than 50% of SSI’s patients are from outside the greater Charleston, South Carolina area. SSI is located in a 65,000-square-foot facility on the campus of East Cooper Medical Center. According to its website, the practice has six providers on staff. Novant Health is a not-for-profit... Read More »
IVI RMA North America Acquires Three Fertility Practices from Global Premier Fertility
On January 6, IVI RMA North America, a subsidiary of IVI RMA, announced that it acquired three fertility practices from Global Premier Fertility. Reproductive Health and Wellness Center (RHWC) is a fertility clinic based out of one location in Laguna Hills, California. According to its website, there is one physician (Dr. Marcus Rosencrantz) on staff who is supported by a team of four employees, including one nurse practitioner. Rise Fertility, based in Newport Beach and Mission Viejo, California, is led by Dr. Sanaz Ghazal. The company is known for its fertility care, focus on personalized treatment plans and high-touch patient experiences. Based in Rolling Hills... Read More »
Regis Healthcare Doubles Home-Care Revenue Through BodeWell Community Care Deal
Australian aged care operator Regis Healthcare announced on January 6 that it is poised to double its home care business after securing a deal to acquire in-home support provider BodeWell Community Care. Based in Moorabbin, Australia, BodeWell Community Care provides in-home community care and services as part of the Commonwealth Home Support Program and National Disability Insurance Scheme. The company provides its services in Victoria and Queensland. Regis Healthcare provides services to 9,000 older Australians through residential aged care homes, home care service hubs, day therapy and day respite centers and retirement villages. The purchase price has not been... Read More »
AirStrip Buys Remote Patient Monitoring Software Company DECISIO Health
On January 6, AirStrip announced its acquisition of DECISIO Health, a provider of clinical decision support and visualization tools. Houston, Texas-based DECISIO Health provides clinical surveillance and remote patient monitoring (RPM) software designed to enhance patient safety and optimize clinical workflows. Founded in San Antonio, Texas, AirStrip provides mobile and web clinical monitoring and alarm management solutions. AirStrip empowers clinicians to deliver timely, data-driven care by providing actionable insights at the point of care. The acquisition of DECISIO Health expands AirStrip’s product portfolio and reinforces its commitment to delivering solutions that improve... Read More »
Professional Healthcare Management, Inc Expands Home Health Presence Across Four States
By LevinPro HC Ownership Structure and Facility Distribution Professional Healthcare Management, Inc has positioned itself within the competitive sector of Home Health, focusing primarily in the states of Maryland, Tennessee, Virginia, and the District of Columbia. According to the latest CMS data, none of the facilities have full ownership by the organization, and ownership across facilities varies, with one having 50-100% ownership and another between 5-50%. Facility Distribution by State and Sector The company’s operational reach spans 11 facilities. This includes four in Maryland, three in Tennessee, two in Virginia and two in the District of Columbia. In particular, eight of... Read More »
Fourth Quarter 2024 Healthcare M&A Volume Slides
In the fourth quarter of 2024, healthcare M&A volume took a plunge, according to data captured in the LevinPro HC platform. Activity declined by 10% compared with volume in Q3:24, falling from 504 announced transactions to just 452. Compared with the fourth quarter of 2023, results looked even worse, falling 13% from 521 deals. It’s worth noting these are preliminary results, as more deals and transactions could surface in the upcoming quarterly and annual reports. Total spending also fell in the fourth quarter, sinking to $31.4 billion compared with $44.8 billion in the third quarter. Q4 was not without some significant transactions price-wise, but nothing hit more than $5 billion in... Read More »
Ardent Health Buys 18 Urgent Care Clinics in New Mexico and Oklahoma
Ardent Health kicked off the new year with an acquisition. The Nashville, Tennessee-based health system announced on January 3 that it has acquired 18 urgent care clinics across New Mexico and Oklahoma from Mesa, Arizona-based NextCare Urgent Care. Ardent Health, backed by Chicago-based private equity firm Equity Group Investments, is a leading healthcare provider in growing mid-sized urban communities across the United States. Through its subsidiaries, the company delivers care through a system of 30 acute care hospitals and more than 200 sites of care with more than 1,800 affiliated providers across six states. The six New Mexico urgent care clinics will operate as part of Lovelace... Read More »
Burjeel Holdings Acquires Saudi Specialist Physiotherapy Center
Burjeel Holdings PLC, a leading healthcare provider listed on the Abu Dhabi Securities Exchange, has announced the acquisition of the Specialist Physiotherapy Center in Makkah, Saudi Arabia. The acquisition marks a milestone in Burjeel’s strategy to broaden its physiotherapy and rehabilitation services in Saudi Arabia. The Specialist Physiotherapy Center, established in 2017, caters to a unique patient base, including Umrah and Hajj pilgrims, offering physiotherapy services at hotels to meet the specific needs of tourists and pilgrims. According to the original deal press release from January 2, 2024, the center had revenues of SAR 3.8 million (approximately $1 million USD) in 2023.... Read More »
