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PromptCare Acquires Coastal Infusion Services
by katehumphrey | May 7, 2024 3:26 pm | Other Services, Private Equity
On April 6, PromptCare, a portfolio company of The Halifax Group, announced that it was expanding its infusion services with the acquisition of Coastal Infusion Services. According to data captured in the LevinPro HC database, this acquisition marks the third infusion services transaction of 2024. Coastal Infusion Services provides... Read More » -
Avel eCare Bolsters Telemedicine Offerings With Horizon Virtual Deal
by Avery Swett | May 7, 2024 9:25 am | eHealth, Private Equity
Avel eCare continues to expand its nationwide leadership in telemedicine with the acquisition of Horizon Virtual. The deal marks Avel’s third acquisition since January 2023 as the company continues its aggressive growth strategy into 2024. Horizon Virtual is a Minnesota-based virtual hospitalist services provider offering telehealth... Read More » -
PE Firm KKR Picks up Bengaluru-based Healthium
by Avery Swett | May 7, 2024 9:23 am | Medical Devices, Private Equity
KKR & Co. announced on Monday its acquisition of Bengaluru, India-based medical devices company Healthium Medtech from an affiliate of funds advised by private equity firm Apax Partners. Healthium was previously known as Sutures India. It is the leading medical device company in India that develops, manufactures and sells a broad range of... Read More » -
Are We Past the Healthcare Retail Peak?
by Avery Swett | May 7, 2024 9:03 am | Healthcare Market Updates, Other Services
The Pull-Back Strategy of Village MD The March 2024 announcement from Walgreens Boots Alliance to scale back nearly half of its VillageMD clinics has sent shockwaves through the retail healthcare field. This pull-back, coupled with similar moves by Walmart and hints of caution from other retailers like CVS Health, raises serious questions about... Read More » -
Mind Body Optimization Acquires Mind Body Wellness
by katehumphrey | May 6, 2024 4:15 pm | Behavioral Health Care
On May 6, Mind Body Optimization (MBO) announced that it entered into an agreement to acquire Mind Body Wellness. Mind Body Wellness is a mental health provider that operates out of Franklin, Tennessee. It focuses on mental health as well as addiction. MBO is an outpatient mental health center that operates out of locations in Texas... Read More »
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