Ivy Rehab Partners with Hilltop Physical Therapy
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, shoulder pain, knee pain, hip pain, foot pain, ankle pain, elbow, wrist or hand pain, sports injuries and more. The company’s treatment techniques include physical therapy, orthopedic manual therapy, sports injury rehabilitation, massage therapy, therapeutic exercise techniques and kinesio taping. Founded in 2003, Ivy Rehab, a portfolio company of... Read More »
First Citizens Bank Funds $58.4 Million for Miami Medical Rehabilitation Facility
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 leased to a collaborative effort between Baptist Health South Florida and Lifepoint Health. It will specialize in acute rehabilitation services for conditions stemming from stroke, brain and spinal cord injuries, amputations, as well as neurological and orthopedic disorders. Baptist Health South Florida, one of the largest healthcare organizations in... Read More »
Fort Bend Dental Acquires Aliana Family Dental
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 provider on staff as well as a support team of five employees. Fort Bend Dental is a dental practice with locations in Missouri City, Aliana, Sugar Land, Richmond and Rosenberg, Texas. This move marks a significant milestone in Fort Bend Dental’s mission to provide dental services to the entire Fort Bend community. This transaction... Read More »
ShiftMed Acquires Healthcare Staffing Company CareerStaff Unlimited
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 include local, travel and per diem employment opportunities for nurses, therapists and pharmacists. Additionally, CareerStaff provides managed service programs to hundreds of healthcare facilities nationally. ShiftMed’s workforce management platform empowers healthcare facilities across all segments – acute care hospitals, post-acute care centers... Read More »
Alcanza Expands Reach into Puerto Rico with Acquisition of FDI Clinical Research
Alcanza Clinical Research announced on April 23 the acquisition of FDI Clinical Research, a multi-specialty research organization based in San Juan, Puerto Rico, with an additional site in the west coast city of Mayagüez. Financial terms of the deal were not disclosed. FDI Clinical Research is a state-of-the-art research facility and medical care clinic providing Phase I-IV clinical trials in support of biopharmaceutical sponsors and contract research organizations. The company specializes in a range of therapeutic areas including infectious diseases; hematology and oncology, endocrine and metabolic diseases; rheumatology and immune diseases as well as respiratory diseases. Alcanza... Read More »
Dermatology and Laser Center of Charleston Joins Epiphany Dermatology
On April 23, Epiphany Dermatology, a portfolio company of New York City-based private equity firm CI Capital Partners, announced that it has expanded its presence in South Carolina through its partnership with Todd Schlesinger, MD, and his team at Dermatology and Laser Center of Charleston. Founded in 2005, Dermatology and Laser Center of Charleston provides dermatology and cosmetic services to patients in Charleston, South Carolina, and surrounding communities. The practice has two providers on staff, according to the original deal press release from April 22, 2024. Through its partnerships with dermatologists across 90 locations in 13 states, Epiphany provides general dermatology, skin... Read More »
XRL ALC Closes $9.6 Million Bridge Transaction for Blountstown, Florida Hospital
XRL ALC, LLC (XRA), an affiliate of X-Caliber Rural Capital, in collaboration with American Lending Center (ALC), has successfully closed a $9.6 million bridge loan for Calhoun-Liberty Hospital in Blountstown, Florida. The funding, part of an $82 million initiative, aims to revamp and enhance medical services for residents across Calhoun, Liberty, Jackson and Gulf County. The two-year, interest-only loan fills a crucial gap until the hospital accesses approximately $30 million in approved grants earmarked for the project. Currently offering emergency room services, in-patient care, laboratory, radiology and respiratory services, the hospital also houses a rural health clinic. “We are... Read More »
Unveiling Opportunities: Investing in Autism and I/DD Sectors
In the Behavioral Health Care (BHC) market, the autism and intellectual and developmental disabilities (I/DD) markets have experienced several years of whirlwind M&A activity. While there is a fair amount of crossover between autism and I/DD, there are distinct differences. Autism is a neurodevelopmental disorder that is characterized by deficits in social communication and the presence of repetitive and restrictive behaviors. Intellectual disabilities are neurodevelopmental disorders characterized by impairment in intelligence and adaptive function that appear in childhood. Developmental disabilities are physical impairments that present before adulthood. Although some... Read More »
PE-Backed Legacy Hospice Acquires HomeCare Hospice
Legacy Hospice, backed by the Chicago-based private equity firm Prairie Capital, announced this week its acquisition of HomeCare Hospice, marking its first deal announcement of 2024. HomeCare Hospice is a leading provider of hospice and palliative care services throughout the state of Mississippi. The company operates four locations across the state. Legacy Hospice was established to provide home care for terminally ill patients. The company’s team of nurses, aides, social workers and chaplains work together with the caregiver and patient to develop a patient-centered plan of care that provides symptom management, emotional and spiritual support. The deal expands Legacy’s footprint... Read More »Schedule a demo
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