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January 15, 2020

Phoenix Rehab purchases Youngstown area clinics

Phoenix Rehabilitation and Health Services has acquired Youngstown-based TuDor Physical Therapy, which becomes the company’s first group of clinics in Ohio. This brings Phoenix’s total clinics to 117....

By Jayne Gest

January 14, 2020

UPMC Enterprises to invest $1B

UPMC Enterprises plans to deploy $1 billion to develop new drugs, diagnostics and devices by 2024. The investment group also has expanded its focus to include retinal and respiratory disease, autoimmune diseases, neuroinflammation and others....

By Jayne Gest

January 13, 2020

Pennsylvania Dermatology Partners acquires Boulevard Dermatology

Pennsylvania Dermatology Partners has added Boulevard Dermatology to its network, expanding its presence to 15 offices in the Greater Philadelphia region and Lehigh Valley....

By Adam Burroughs

January 10, 2020

Grove City Medical Center closes deal with Allegheny Health Network

Allegheny Health Network and Grove City Medical Center have finalized an affiliation agreement that brings GCMC into the family of hospitals affiliated with and operated by the Pittsburgh-based health system....

By Jayne Gest

January 9, 2020

Aver closes $27M Series C funding round

Aver, a Columbus company that bundles payment and value-based health care solutions, has closed a $27 million Series C capital round. This investment will allow Aver to scale operations and grow platform capabilities....

By Jayne Gest

January 8, 2020

Kaizen Health Completes Series B Funding Round

The investment is intended to support Kaizen Health's efforts to streamline the experience of ordering non-emergency, multi-modal medical transportation on behalf of patients, members, clinicians, staff and residents....

By Mark Scott

January 7, 2020

Medical Mutual Agrees To Buy Bravo

Bravo Founder and CEO Jim Pshock will continue to lead the company and its 170 employees....

By Mark Scott

January 6, 2020

Beaumont Health, Summa Health Sign Definitive Agreement

The two organizations signed a letter of intent in July and then began an extensive review of both organizations' clinical, regulatory and financial systems. Signing the definitive agreement is the next step in the process....

By Mark Scott

January 3, 2020

Paris Healthcare Linen Services to merge with NOVO Health Services

Tuckahoe Holdings Managing Partner Peter Farrell and Paris Cos. Owner, President and CEO David J. Stern have decided to merge their subsidiary companies, NOVO Health Services and Paris Healthcare Linen Services....

By Jayne Gest

January 3, 2020

Pinnacle Dermatology Buys Brighton Dermatology

The acquisition of Brighton Dermatology and its five providers is intended to further Pinnacle Dermatology’s commitment to serving the residents of the state of Michigan where it already operates 13 other dermatology clinic locations....

By Mark Scott

January 1, 2020

Phoenix Rehabilitation buys Physical Therapy etc.

Pittsburgh-headquartered PHOENIX Rehabilitation and Health Services has acquired Physical Therapy etc. in Chambersburg, Pennsylvania, which becomes the company’s 107th location....

By Jayne Gest

December 24, 2019

Chronic Care Management Raises Another $2.55M

The company previously raised $4.99 million in a Series A funding round from Chicago-based B.C. Ziegler & Co. and other unidentified investors....

By Michael Marzec

December 19, 2019

Ovid’s Matt Geiger: Focus On Finding Ways To Get The Deal Done

Matt Geiger has experience as both an entrepreneur and an investor. When he’s an entrepreneur, he’s learned the value of letting the investor be the smartest one in the room....

By Mark Scott

December 17, 2019

BPOC’s Troy Phillips: Wise Dealmakers Have A Plan Before Investing In Health Care

You don’t have to invest in every opportunity you see, says Beecken Petty O’Keefe’s Troy Phillips. Take time to find the right deal....

By Mark Scott

December 16, 2019

Enclara Healthcare to be acquired by Humana

The Enclara transaction, which includes acquisition of Enclara Pharmacia, GuidantRx and Avanti Health Care Services, is anticipated to close during the first half of 2020....

By Adam Burroughs

December 10, 2019

InSight Telepsychiatry, Regroup Telehealth merge

InSight Telepsychiatry and Regroup Telehealth have merged to become the largest telepsychiatry service provider in the US....

By Adam Burroughs

December 9, 2019

The Chartis Group Buys The Greeley Co.

Headquartered in the greater Boston area, Greeley’s clients range from the nation's largest health care systems and academic medical centers to remote critical access rural hospitals....

By Mark Scott

December 3, 2019

Philadelphia Home Care bought by CareFinders

Philadelphia Home Care Inc., a home care provider in the Philadelphia area, along with At Home Quality Care, a provider of personal home care services based in Clarks Summit, has been acquired by CareFinders, a home health care provider....

By Adam Burroughs

December 2, 2019

ISMIE Mutual Completes SEMPIC Merger

Under the terms of the merger, SEMPIC will continue to operate under the same name, but as a division of ISMIE Mutual....

By Mark Scott

November 25, 2019

AdaptHealth to acquire McKesson Corp.’s Patient Care Solutions business

AdaptHealth Corp. a home medical equipment provider, is set to acquire the Patient Care Solutions business from McKesson Corp....

By Adam Burroughs

November 19, 2019

ImageFIRST buys PureTex Solutions Holdings’ health care clients

King Of Prussia’s ImageFIRST is acquiring the health care clients of PureTex Solutions Holdings LLC, a textile rental and laundry services provider in Orlando....

By Adam Burroughs

November 19, 2019

Astarte Medical raises $3.5M

Astarte Medical has closed an additional $3.5 million in financing to support the commercialization and adoption of its NICUtrition Suite....

By Adam Burroughs

November 13, 2019

UPMC buys second hospital in Ireland

As part of its continued expansion of health care services in Ireland, UPMC has acquired Clane General Hospital in County Kildare, in partnership with the Institute of Eye Surgery, and is renaming the facility UPMC Kildare Hospital...

By Jayne Gest

November 12, 2019

BioEnterprise’s Aram Nerpouni: Talent Is Vital To Creating Deal Opportunities In Cleveland’s Health Care Sector

Cool ideas are great. Investors want to see the leadership and the team behind the idea before they invest, says the nonprofit's president and CEO....

By Mark Scott

November 11, 2019

Riverside Exits Censis Technologies

Franklin, Tennessee-based Censis provides SaaS-based surgical instrument tracking and workflow solutions for sterile processing departments of hospitals and ambulatory surgical centers....

By Mark Scott

November 7, 2019

Atkins Cos buys West Mifflin medical office building

Atkins Companies has acquired a 26,174-square-foot medical office building in West Mifflin. The outpatient facility is fully leased by Allegheny Health Network and bolsters the New Jersey firm's portfolio in the rapidly growing Pittsburgh metropolitan area....

By Jayne Gest

October 31, 2019

Dr. Ellen Stang unlocks growth with a little PE help

Progeny Health, founded by Dr. Ellen Stang, has been profitable and debt-free since the beginning. But when her business hit a wall about eight years in, some friendly advice helped her unlock the company's growth....

By Adam Burroughs

October 31, 2019

MRO Corp. gets investment from Parthenon Capital

As part of the transaction, Parthenon provided capital for growth purposes and acquired a meaningful ownership stake in the company....

By Adam Burroughs

October 31, 2019

GSI Health now part of Medecision

Philadelphia-based GSI Health, a SaaS provider of workflow, engagement and compliance solutions and related services, has been acquired by Medecision, an integrated health management solutions provider....

By Adam Burroughs

October 25, 2019

Neuros Medical Raises Another $2.39M

The Cleveland-based company, which is developing technology to treat chronic pain through neurostimulation, has raised more than $41 million....

By Michael Marzec

October 22, 2019

AVIA Raises $22M In New Funding Round

The health care innovation network has raised $22 million to expand its role as a partner for digital health insights, strategic guidance and consulting services....

By Mark Scott

October 21, 2019

Cleveland Clinic, American Well Partner On Digital Health Joint Venture

The Clinic expects to offer online access to expert care across a wide array of specialties without requiring individuals to leave their homes....

By Mark Scott

October 17, 2019

Accolade gets $20M from Humana

The strategic investment will allow the two organizations to tailor the Humana with Accolade solution for a broader base of fully-insured and ASO prospects and clients....

By Adam Burroughs

October 11, 2019

Brio Device Raises $500K In Series B Venture Funding

This funding follows a $1.25 million grant the company received in September from the National Institutes of Health in Bethesda, Maryland....

By Mark Scott

October 10, 2019

MEDNAX Agrees To Sell MedData Business To Frazier Healthcare Partners

The Brecksville-based MedData currently serves more than 10,000 physicians with a network of more than 3,000 facilities and 20 regional offices across the U.S....

By Mark Scott

October 7, 2019

RLDatix To Buy Quantros Patient Safety Business

Quantros is a provider of quality and patient safety software for health care, with more than 800 hospitals and health system customers across the U.S....

By Mark Scott

October 1, 2019

NOCD Raises $4M In Series A Round

One of the World Health Organization’s 10 most disabling conditions, OCD affects 2.5% of the population over the course of their lifetime, including 8.5 million people in the U.S....

By Mark Scott

September 26, 2019

How Ted Karkus sold Cold-EEZE for $50 million

ProPhase Labs CEO Ted Karkus shares the strategy behind the 2017 sale of Cold-EEZE to Mylan for $50 million....

By Adam Burroughs

September 26, 2019

GTCR, Golden State Capital Reach Recap Deal On Cole-Parmer

The deal is part of a recapitalization agreement in which GTCR will partner with Golden Gate Capital and the Cole-Parmer management team to grow the business through organic growth initiatives and continued strategic M&A....

By Mark Scott

September 24, 2019

RhinoSystems, maker of Navage, raises $10.4M

RhinoSystems, Inc, the Brooklyn-Heights-based company responsible for Navage, has raised $10.04 million in angel funding from undisclosed investors....

By Adam Burroughs

September 23, 2019

Drexel, Tower Health to acquire St. Christopher's Hospital for Children

Drexel and Tower Health will be equal partners in the ownership of St. Christopher’s Hospital, physician practices and graduate medical education program. Tower Health will take the lead operationally....

By Adam Burroughs

September 20, 2019

Hugh Cathey: Smart Fundraising Requires Monitoring Market

Serial entrepreneur Hugh Cathey, now on his ninth startup with genetic testing company ChromoCare, shares his best practices for raising capital....

By Jayne Gest

September 18, 2019

Indago Raises Another $1 Million

The company previously raised $4.5 million of venture funding in June and in 2018 raised $5.5 million from "40 physician champions."...

By Michael Marzec

September 13, 2019

VillageMD’s Tim Barry: Investors Want To Give You Money

The co-founder and CEO of the healthcare management services company talks about his strategy when raising capital and the importance of establishing an ongoing dialogue with potential investors....

By Mark Scott

September 12, 2019

TPA Stream's Jacob Sheridan: Find A Problem, Then Start A Business

Don’t try to start a business, advises TPA Stream CEO Jacob Sheridan. Try to find a big problem and come up with a creative way to solve it. That's your business....

By Mark Scott

September 12, 2019

Hometown Urgent Care purchases Springfield clinics

Hometown Urgent Care, Ohio’s largest urgent care and occupational health company, which is headquartered in Columbus, has acquired three clinics operated by Community Urgent Care in Springfield, Ohio. Hometown plans to consolidate its operations in Springfield into three clinics....

By Jayne Gest

September 10, 2019

Baxter International To Buy Cheetah Medical In $190M Deal

The transaction consists of an upfront cash consideration of $190 million, with potential for an additional $40 million based on clinical and commercial milestones....

By Mark Scott

September 9, 2019

Pareto Health complete recapitalization with Great Hill Partners

Pareto Health Inc., an employee benefit group captive manager, has completed a recapitalization with private equity firm Great Hill Partners....

By Adam Burroughs

September 9, 2019

AKSM raises capital

Columbus medical company AKSM Ltd. received $550,000 in development capital from undisclosed investors, for growth/expansion....

By Jayne Gest

September 8, 2019

AIRS Raising $1.5M In Series A Venture Funding

Previously, the Newaygo-based company was awarded a $333,333 prize from Three Lakes Partners in IPF Catalyst Challenge on Jan. 25, 2018....

By Mark Scott