Behavioral Health Care M&A Deals Decline Amid Construction-Related Inflation, Fed Rate Increases

Behavioral Health Care M&A Deals Decline Amid Construction-Related Inflation, Fed Rate Increases

Market conditions that include rising borrowing costs and increasing construction-related expenses have led those engaged in behavioral health care deals to employ various growth and expansion strategies. Shane Harmon, senior director, behavioral health at Blueprint – Healthcare Real Estate Advisors, is a broker who has had to go well beyond reliance on the typical M&A approach to business. “I would say since Blueprint started their behavioral division, in July of last year, we’ve done 12 transactions [worth] $80 million,” Harmon said. The deals include eight real estate conversions, three sale leasebacks and one business sale. The firm is also working on three other sales.... Read More »
OrthoAlliance Buys Ohio-Based Precision Orthopaedic Specialties

OrthoAlliance Buys Ohio-Based Precision Orthopaedic Specialties

OrthoAlliance, a physician-led management services organization (MSO) for orthopedic groups, announced a new partnership with Precision Orthopaedic Specialties, Inc. Precision Orthopaedics brings a team of 10 physicians and three offices to its partnership with OrthoAlliance. Terms of the deal were not disclosed. Founded in 1991, Precision Orthopaedic Specialties was the first fully specialized independent orthopaedic practice in Geauga County. In addition to a main office in Chardon, Precision Orthopaedics has locations in Auburn and Middlefield that offer orthopaedic surgery, spine surgery, sports medicine, podiatry, physical therapy, imaging, athletic training, pain management and... Read More »
South Bend Orthopaedics Partners With OrthoAlliance

South Bend Orthopaedics Partners With OrthoAlliance

South Bend Orthopaedics (SBO) has entered into a partnership with OrthoAlliance. South Bend Orthopaedics was represented by ASCs Inc. through the transaction process. Terms of the deal were not disclosed. South Bend Orthopaedics operates clinics in South Bend, Mishawaka, Elkhart, Plymouth and LaPorte, Indiana, which are staffed by an experienced team of physicians, physician assistants, physical therapists, athletic trainers, physical therapy assistants and occupational therapists. OrthoAlliance, a physician-led management services organization (MSO) for orthopedic groups, was formed in 2019 in partnership with Beacon Orthopaedics and Revelstoke Capital Partners, a Denver-based private... Read More »
OrthoAlliance Buys Ohio-Based Precision Orthopaedic Specialties

OrthoAlliance Acquires Central Indiana Orthopedics

OrthoAlliance, backed by Beacon Orthopaedics and Revelstoke Capital Partners, announced on November 15 that it acquired Central Indiana Orthopedics. The transaction represents OrthoAlliance’s fifth acquisition of the year.  Founded in 1950, Central Indiana Orthopedics is an independent orthopedic practice that delivers care to patients with bone, joint and muscle injuries and conditions. The practice has locations in Anderson, Elwood, Fishers, Marion, Muncie and Winchester, Indiana, and is run by 26 doctors. OrthoAlliance, a physician-led management services organization (MSO) for orthopedic groups, was formed in 2019 in partnership with Beacon Orthopaedics and Revelstoke Capital... Read More »
Rehabilitation Deals Gained Strength in 2016

Rehabilitation Deals Gained Strength in 2016

Mergers and acquisitions in the Rehabilitation sector continued the climb that began in 2014, with a 21% increase in deal volume since 2015. Mergers and acquisitions in the Rehabilitation sector continued the climb that began in 2014. A total of 40 deals were announced in 2016, up 21% compared with the year before, and 90% higher than in 2014. This fragmented sector has benefited from the growing emphasis on post-acute care and cost efficiencies, similar to the Home Health sector. Like physician medical groups, targets in this sector tend to be small, privately held operations and their acquisitions aren’t always publicly announced. For that reason, the data may underrepresent the... Read More »