Labcorp to Acquire Bankrupt Genetic Test Maker Invitae for $239 Million

by Avery Swett | Apr 26, 2024 10:01 am | Laboratories, MRI & Dialysis

Labcorp announced that it will acquire Invitae Corporation’s assets auctioned through a voluntary bankruptcy protection process. This comes just a few months after the genetic test maker filed for bankruptcy. Labcorp will acquire all of the bankrupt firm’s assets on a going concern basis for $239 million in cash consideration and... Read More »

Ivy Rehab Partners with Hilltop Physical Therapy

by Avery Swett | Apr 26, 2024 9:58 am | Rehabilitation

Harrison, New York-based Ivy Rehab announced this week its latest partnership with Hilltop Physical Therapy in Fredericksburg, Virginia. Hilltop Physical Therapy has a team of physical therapists and licensed orthopedic manual therapists who specialize in treating a variety of conditions, including back pain, sciatica, neck pain, headaches,... Read More »

First Citizens Bank Funds $58.4 Million for Miami Medical Rehabilitation Facility

by Avery Swett | Apr 24, 2024 10:17 am | Medical Office Buildings, Other Services, Rehabilitation

First Citizens Bank’s Healthcare Finance division has allocated $58.4 million in financing to Anchor Health Properties for the construction of a state-of-the-art, 92-bed inpatient rehabilitation facility in Miami, Florida. Set to encompass 96,000 square feet of rentable space, including an attached parking garage, the facility will be... Read More »

Fort Bend Dental Acquires Aliana Family Dental 

by katehumphrey | Apr 23, 2024 3:37 pm | Physician Medical Groups

Fort Bend Dental announced on April 16 that it entered into an agreement to acquire Aliana Family Dental. The financial terms of the acquisition were not disclosed.  Aliana Family Dental is a dental practice in Sugar Land, Texas. It offers digital dentistry as well as orthodontic services. According to its website, the practice has one... Read More »

ShiftMed Acquires Healthcare Staffing Company CareerStaff Unlimited

by Avery Swett | Apr 23, 2024 2:07 pm | Healthcare Staffing, Other Services

ShiftMed announced on April 22 its acquisition of CareerStaff Unlimited from Genesis HealthCare, a national post-acute care provider. CareerStaff is a leader in the delivery of workforce solutions and staffing services for the healthcare industry, with a national network of offices throughout the United States. CareerStaff’s services... Read More »