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 »
EyeSouth Partners Adds Community Eye Care Specialists to Network
EyeSouth Partners, a portfolio company of Olympus Partners as of 2022, has affiliated with Community Eye Care Specialists (CECS). The addition of CECS will complement EyeSouth’s existing presence in the Western Pennsylvania market. CECS is a comprehensive ophthalmology provider in the Northern Pennsylvania and Southwestern New York markets focused on providing high-quality subspecialty care across its five clinics and ambulatory surgery center. According to its website, CECS has six providers on staff. EyeSouth Partners is an eye care services organization in the Southeast. EyeSouth’s affiliate network consists of 38 practices with more than 300 doctors providing medical and surgical... Read More »
Ivy Rehab Continues Expansion in New Jersey with AmeriCare
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 is a network of outpatient physical, occupational and speech therapy and applied behavior analysis clinics throughout the United States. “Partnering with AmeriCare signifies an exciting chapter in our commitment to delivering unparalleled care to the community of New Jersey,” said Jonathan Jean-Pierre, COO of Ivy Rehab. “This... Read More »
WELL Health Expands Canadian Clinic Network with Shoppers Drug Mart’s Health Clinics
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 brand. The Health Clinic by Shoppers™ comprises 10 clinics across Canada (four in British Columbia and six in Ontario), with more than 35 physicians on staff. WELL expects the assets to contribute approximately $8 million in annual revenue, according to the original deal press release published on PR Newswire on April 16, 2024. WELL Health Clinic... Read More »Schedule a demo
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