Methodist Le Bonheur Healthcare Archives - LevinPro Healthcare M&A

Ivy Rehab Continues Expansion in New Jersey with AmeriCare

by Avery Swett | Apr 17, 2024 12:39 pm | Private Equity, Rehabilitation | 0 comments
Ivy Rehab, a portfolio company of middle-market private equity firm Waud Capital Partners, has partnered with AmeriCare Physical Therapy in New Jersey. Founded in 2006, AmeriCare Physical Therapy is a provider of outpatient physical therapy and rehabilitation in Mountainside, Garwood, Piscataway and Warren, New Jersey. Founded in 2003, Ivy Rehab... Read More »
WELL Health Expands Canadian Clinic Network with Shoppers Drug Mart’s Health Clinics

by Avery Swett | Apr 17, 2024 12:38 pm | Other Services | 0 comments
WELL Health Clinic Network Inc., a subsidiary of WELL Health Technologies Corp., announced that it has entered into an agreement with Shoppers Drug Mart Inc. to acquire all of the primary care medical clinics operated by Shoppers under the name The Health Clinic by Shoppers™. Post-close, WELL will rebrand these clinics under the WELL Clinic... Read More »
Commonwise Home Care Announces Acquisition of Caregivers of Charleston

by Avery Swett | Apr 17, 2024 8:22 am | Home Health & Hospice | 0 comments
Commonwise Home Care has announced its acquisition of Caregivers of Charleston. According to data captured in the LevinPro HC database, this acquisition marks the 24th Home Health & Hospice transaction of 2024. Caregivers of Charleston offers 24-hour caregiving services and home health aides for all ages in the Charleston, South Carolina... Read More »
Elevance Health Purchases New York Medicaid Plan

by Avery Swett | Apr 17, 2024 8:20 am | Managed Care | 0 comments
Elevance Health has announced its plans to acquire Centers Plan for Healthy Living, a New York-based Medicaid long-term care plan. Centers Plan for Healthy Living is a managed care organization with 53,000 members. Elevance Health currently has 57,000 long-term care enrollees across the state of New York. Elevance Health, formerly Anthem, Inc.,... Read More »
Gauge Capital Acquires Lucent Health

by katehumphrey | Apr 16, 2024 2:05 pm | eHealth | 0 comments
Cain Brothers, a division of KeyBanc Capital Markets, announced that it served as exclusive financial advisor to Lucent Health Solutions in its acquisition by Gauge Capital. Lucent Health Solutions is a leading third-party administrator serving the self-insured employer market, with a fully integrated care management solution. It was... Read More »

Tenet Sells Two Hospitals for $350 Million

by Lisa Phillips | Dec 16, 2019 12:12 pm | Hospitals | 0 comments

In its first sale of 2019, Tenet Healthcare Corporation (NYSE: THC) is divesting two of its Memphis-area hospitals to Methodist Le Bonheur Healthcare, which operates six acute-care and one children’s hospital in and around Memphis. The not-for-profit health system will pay $350 million in cash for Saint Francis Hospital-Memphis (353 beds) and Saint Francis Hospital-Bartlett (156 beds), the physician practices associated with both hospitals, and six MedPost urgent care centers. The transaction is expected to be completed in 2020. The agreement provides that Tenet’s Conifer Health Solutions subsidiary will continue to provide revenue cycle management services to the hospitals.... Read More »

Ivy Rehab Continues Expansion in New Jersey with AmeriCare

WELL Health Expands Canadian Clinic Network with Shoppers Drug Mart’s Health Clinics

Commonwise Home Care Announces Acquisition of Caregivers of Charleston

Elevance Health Purchases New York Medicaid Plan

Gauge Capital Acquires Lucent Health

Tenet Sells Two Hospitals for $350 Million

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