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February 2, 2024
GE HealthCare announces agreement to acquire MIM Software
GE HealthCare announced it entered into an agreement to acquire MIM Software, a global provider of medical imaging analysis and artificial intelligence (AI) solutions for the practice of radiation...
By Staff Reports
February 2, 2024
Cardinal Health to acquire Specialty Networks and its PPS Analytics platform
Cardinal Health announced it has entered into a definitive agreement to acquire Specialty Networks, a technology-enabled multi-specialty group purchasing and practice enhancement organization for...
By Staff Reports
January 18, 2024
Hafeezah Muhammad On People and Analytics In Deals
Hafeezah Muhammad's company Backpack Healthcare recently acquired two companies. At the 2023 Chicago Smart Business Dealmakers Conference, she talked about how the business has supercharged its...
By Adam Burroughs
January 12, 2024
Why Health Care Startups Fail
Jumpstart Capital founder and managing partner Vic Gatto has been investing in early-stage health care businesses for nearly a decade. His organization — Jumpstart Foundry, Jumpstart Health Investors...
By Adam Burroughs
December 7, 2023
UpHealth Enters into Agreement for Sale of Cloudbreak Health Business
UpHealth, Inc. announced it has entered into a definitive agreement to sell its wholly-owned subsidiary Cloudbreak Health, LLC, best known for its Martti translation offering, to GTCR for $180 million...
By Staff Reports
November 17, 2023
Reimagine Care Shifts Oncology Care to Patient’s Home
While service providers such as hotels and restaurants were severely debilitated by the pandemic shutdown, others thrived. One such example is Reimagine Care, a Nashville-based in-home cancer care...
By Dan Pender
November 3, 2023
Free Market Health Closes $20M Equity Financing
Free Market Health, a healthcare technology company announced a $20M Series B fundraise led by Questa Capital, a healthcare venture capital firm that invests in breakout growth companies, with...
By Dan Pender
October 20, 2023
Buying What's Not In The Numbers
Randy Overton says in health care M&A in recent years, he's seen all kinds of books. "All of the sudden, everybody is the most valuable company in the world," says Overton, CFO of FastPace Health....
By Adam Burroughs
September 8, 2023
Theken Companies Acquires VisionAir Solutions
Theken Companies, an Akron, Ohio-based family of medical device companies, announced its acquisition of VisionAir Solutions from Cleveland Clinic. VisionAir Solutions creates patient-specific airway...
By Dan Pender
September 1, 2023
OCLI Vision Acquires Crossroads Eye Care Associates
Spectrum Vision Partners announced the acquisition of Crossroads Eye Care Associates to continue to build the AIO|OCLI Vision presence in Pittsburgh. Crossroads Eye Care Associates is dedicated to...
By Dan Pender
September 1, 2023
Buyers’ Industry Knowledge Can Help Land The Best Deal
Dr. Nithin Krishna is a board licensed psychiatrist and serial mental health entrepreneur who formerly led as CEO the multimillion dollar Bloom Health Centers. Krishna acquired Psych Associates of...
By Adam Burroughs
August 18, 2023
National Church Residences Acquires At Your Door Visiting Healthcare Services
National Church Residences announces a new partnership with the acquisition of At Your Door Visiting Healthcare Services. At Your Door provides primary care, in-home medical services to residents at...
By Dan Pender
July 26, 2023
DASI Simulations raises $2.95 million in capital
The medical technology company uses advanced computational modeling, artificial intelligence and machine learning improve the safety of care for structural heart disease patients....
By Michael Marzec
June 9, 2023
Selling To Make The Business Better
Having sold his business, the once-high-growth startup focused on high-acuity homecare programs, Contessa Health, Co-Founder Travis Messina says when they ran their process, they used an investment...
By Adam Burroughs
June 2, 2023
OCLI Vision Acquires Crossroads Eye Care Associates
Spectrum Vision Partners announced the acquisition of Crossroads Eye Care Associates to continue to build the AIO|OCLI Vision presence in Pittsburgh. Crossroads Eye Care Associates is dedicated to...
By Dan Pender
June 2, 2023
To Manage Through Fundraising, Transactions, Sign Up With Commitment
LabCorp recently paid a reported $450 million to acquire Personal Genome Diagnostics, known as PGDx, a genomic testing company. Earlier that same year, PGDx successfully raised a $103 million Series...
By Adam Burroughs
April 6, 2023
Raising Capital Requires Warm Relationships
TCARE Co-Founder Ali Ahmadi on the company, its growth and the lessons he's learned about raising capital....
By Adam Burroughs
March 31, 2023
UpHealth Announces Strategic Sale, Will Expand In Columbus
UpHealth, Inc., a global digital health company delivering technology platforms, infrastructure, and services to modernize care delivery and health management, announced it has reached a definitive...
By Dan Pender
March 24, 2023
Faris Ghawi On Vytalize's $100M Raise
Vytalize CEO and co-founder Faris Ghawi, along with Chief Marketing Officer Matt Buder Shapiro, on the company's big raise, how they'll apply it, the growth its perpetuating and what comes next....
By Adam Burroughs
March 16, 2023
FOLX Health Looks to Expand
CEO Liana Douillet Guzmán on raising capital in frothy times versus during a return-to-normal environment. ...
By Dan Pender
March 3, 2023
Health Alliance Plan and CareSource to Partner in Michigan
Health Alliance Plan (HAP), a Michigan-based nonprofit health plan and CareSource, an Ohio-based nonprofit and managed care health plan with members in 7 states, are forming a joint venture to explore...
By Dan Pender
February 24, 2023
Vytalize Health Closes $100M to Support Value-Based Care Transformation
Vytalize Health, a leading risk-bearing provider enablement platform, announced it has closed $100 million in funding led by Enhanced Healthcare Partners and Monroe Capital, with participation from...
By Dan Pender
February 17, 2023
OhioHealth to Acquire Reunion Rehabilitation Hospital
Select Medical and OhioHealth announced that their joint venture partnership, OHRH, LLC, signed a definitive agreement with Reunion Hospital Holdings to acquire the operating assets of Reunion...
By Dan Pender
February 3, 2023
Functional Fluidics Looks To Expand Market For Unique Platform
Functional Fluidics CEO Patrick Hines spoke on the Smart Business Dealmakers Podcast about his company, its progress and fundraising....
By Adam Burroughs
February 3, 2023
Capsa Healthcare Acquires Tryten Technologies
Capsa Healthcare, a healthcare delivery solutions provider for hospitals, long-term care, and retail pharmacy providers, announced the acquisition of Tryten Technologies Inc., a designer and...
By Dan Pender
February 3, 2023
ChromoCare's Hugh Cathey On Lessons That Shaped His Career
In a more personal interview, Hugh Cathey, CEO of ChromoCare, a genetics testing firm, spoke on Smart Business SmartTalk about his successes and missteps, who and what helped shape his career, what motivates him and more. ...
By Adam Burroughs
January 27, 2023
Bayer Acquires Blackford Analysis Ltd.
Bayer announced the acquisition of the global strategic imaging AI platform and solutions provider Blackford Analysis Ltd. The acquisition is part of Bayer's strategy to drive innovation in radiology,...
By Dan Pender
January 27, 2023
UPMC to Acquire Leading Clinic in Dublin
In a move that will dramatically expand UPMC’s ability to provide orthopaedic and sports medicine care in Ireland, the health system announced it is acquiring the Sports Surgery Clinic (SSC), an...
By Dan Pender
January 19, 2023
Capsa Healthcare Acquires of Humanscale Healthcare
Capsa Healthcare, a healthcare delivery solutions provider for hospitals, long-term care, and retail pharmacy providers, announced the acquisition of Humanscale Healthcare, a designer and manufacturer...
By Dan Pender
May 11, 2022
For Stu Clark, Acquisitions Are All About The Team
Premise Health's Stu Clark on his acquisition philosophy, what he looks for in teams and cultures, and his post-deal integration process....
By Adam Burroughs
December 2, 2021
Why the seller’s story is critical to achieving value
Four dealmakers reveal ways to strengthen the foundation of your business by addressing common challenges faced by companies looking to sell....
By Adam Burroughs
August 7, 2020
VillageMD's Tim Barry: Keep Your Investors Close In Tough Times
VillageMD CEO Tim Barry talks about the importance of communicating with investors and keeping the door open to opportunity during the disruption....
By Adam Burroughs
July 15, 2020
Aatru Medical Closes Series C Round Financing
Aatru Medical Inc., a Cleveland-based medtech company, completed a Series C financing round for an undisclosed amount with private investors....
By Michael Marzec
July 15, 2020
Indago Raises More Capital
Indago, a Cleveland-based medical device startup, raised $670,000 of new funding in the form of convertible debt from undisclosed investors....
By Michael Marzec
June 4, 2020
BGL Advises Deal To Create EA-Synergy
Enhanced Healthcare Partners, a leading New York-based private equity firm specializing in middle-market healthcare businesses, facilitated the business merger of Synergy Surgicalists and EA Health Solutions through a joint recapitalization to form a new company, EA-Synergy....
By SBN Staff
May 29, 2020
Summa Health, Beaumont Health End Partnership Plans
The two organizations had been working over the last year to create a partnership, signed a definitive agreement in December 2019 and later received all necessary state and federal regulatory approvals....
By SBN Staff
May 18, 2020
Axuall, UH Collaborate To Streamline Clinical Workforce Deployment
Axuall and University Hospitals’ Ventures group began to work together in 2019 to identify opportunities to leverage blockchain and digital identity to fundamentally improve the way the health system attracts, verifies, and deploys clinical talent....
By SBN Staff
April 17, 2020
Daniel J. Hayes talks tempering expectations in life sciences capital raises
Tips from CLA's Dan Hayes on how life sciences founders can navigate some of the critical business steps that help them take their science to market....
By Adam Burroughs
April 6, 2020
Innovu raises venture funding
Innovu LLC recently raised $4.58 million in venture funding from undisclosed investors, PitchBook reports....
By Jayne Gest
April 2, 2020
Riverside-backed Red Nucleus Acquires Pyxa
Riverside Company-backed Red Nucleus Enterprises has acquired Malvern, Pa.-based Pyxa Solutions, a provider of cross-functional R&D services. Regulatory Affairs. Pyxa's principals retained a significant interest in the combined company....
By Michael Marzec
March 31, 2020
Olive Raises $51M to Accelerate Health Care AI Product
Columbus-based Olive said it closed a $51 million funding round led by General Catalyst that will fund acceleration of its development of an artificial intelligence bot that manages administrative tasks for hospitals....
By Michael Marzec
March 23, 2020
Resilience Capital Partners Announces JV With MicroShield
The deal is intended to help meet the increased demand for an EPA-registered, FDA-approved antimicrobial shield that kills 99.99 percent of pathogens and ensures that treated surfaces are protected with a self-disinfecting barrier for up to one year....
By Mark Scott
March 19, 2020
Cori Care, Absolute Care purchased by Caregiver Inc.
Caregiver Inc., a Fort Worth, Texas-based provider of long-term care services and supports to people with intellectual and developmental disabilities, has acquired four companies in Indiana, Ohio and Tennessee, including Cori Care and Absolute Care in Columbus....
By Jayne Gest
March 18, 2020
JumpStart leads $5.5M Series A investment in ReadySet
ReadySet Surgical, a Cincinnati health care IT company, has raised $5.5 million in a Series A financing round led by Cleveland-based JumpStart Inc.’s NEXT Fund. Also participating in the round are all of ReadySet’s seed-round investors and new investor North Coast Ventures....
By Jayne Gest
March 11, 2020
Nexus purchased by Medicus IT
Medicus IT, a health care-focused managed services provider based in Alpharetta, Georgia, has acquired Nexus Practice IT Services, a Columbus health care managed IT services provider....
By Jayne Gest
March 9, 2020
Invacare Completes Deal To Sell Dynamic Controls Subsidiary
As part of Invacare’s strategy to enhance its products, the transaction is expected to open the door to relationships which can provide access to technological innovations to further differentiate the company’s powered mobility products....
By Mark Scott
March 5, 2020
Lake Health Exploring Strategic Opportunities For Growth
The Lake Health board of trustees announced plans to launch a partnership exploration process and has engaged Chicago-based Kaufman Hall to work with trustees, medical staff and hospital leadership to evaluate opportunities....
By Mark Scott
March 4, 2020
Menorah Park, Montefiore Announce Affiliation Agreement
The affiliation was approved by both boards of directors on March 3 with plans for the affiliation to become effective June 30. The Montefiore name will remain on its facility on the campus....
By Mark Scott
March 3, 2020
NAS Recruitment Innovation Sold By Stone-Goff To M3 USA
In December 2011, Stone-Goff Partners acquired NAS from Interpublic Group....
By Mark Scott
March 3, 2020
PHOENIX to buy physical therapy firm
Cranberry Township, Pennsylvania-headquartered PHOENIX Rehabilitation & Health Services has agreed to acquire Colorado Athletic Conditioning Clinic, expanding the company’s geographic reach to Colorado....
By Jayne Gest
