Centene Corp. to Acquire WellCare in $17.3 billion deal.
Centene Corp. said it will buy fellow Medicaid insurer WellCare Health Plans in an estimated $17.3 billion deal. All in all, the two insurers would cover nearly 22 million people…
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BioScrip and Option Care to Merge
Home and Alternate Site Infusion Therapy Providers BioScrip and Option Care to Merge Creates a Leading Independent Provider of Home and Alternate Site Infusion Services with Deep Clinical Expertise and Broad…
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Hy-Vee Acquired Weber & Judd
Weber & Judd has served the Rochester, Minn., area for over 150 years. WEST DES MOINES, Iowa — Hy-Vee announced Monday that it has acquired the business of all Weber &…
Read MoreOwakihi Acquired by Beacon Specialized Living Services
Owakihi, Inc. Acquired by Beacon Specialized Living Services, Inc. Beacon Specialized Living Services, Inc. (“Beacon”), a portfolio company of Pharos Capital Group, announced today it has acquired Owakihi, Inc., (“Owakihi” or “the Company”).…
Read MoreVillage Fertility Pharmacy Acquired IntegrityRx Pharmacy
Village Fertility Pharmacy, a portfolio company of BelHealth Investment Partners, has acquired Integrity Rx Specialty Pharmacy, a fertility-focused pharmacy. No financial terms were disclosed. New York, NY – February 19,…
Read MorePritzker Private Capital Acquired KabaFusion
Pritzker Private Capital has acquired KabaFusion, a provider of acute and specialty home infusion services. KabaFusion operates seven fully accredited specialty pharmacies located in California, Florida, Illinois, Massachusetts, New Jersey,…
Read MoreSafeguard’s Propeller Health Acquired By ResMed for $225M
Safeguard Scientifics, Inc. (NYSE: SFE) announced that its partner company, Propeller Health, has been acquired by ResMed (NYSE: RMD) (ASX: RMD) for $225 million in cash. Safeguard will receive total cash proceeds of $41.4 million, which…
Read MoreCVS acquires Ritzman Pharmacies
CVS acquires Ritzman Pharmacies MEDINA, Ohio — CVS Health has acquired Ritzman Pharmacies Inc. with plans to close almost all of its 20 Ohio stores and transfer the prescription files.…
Read MoreGenex Services Acquires Excel Managed Care
Genex Services Acquires Excel Managed Care WAYNE, Pa.–(BUSINESS WIRE)–Genex Services, a leader in medical cost containment and disability management services, has announced its acquisition of Excel Managed Care & Disability Services,…
Read MoreBristol-Myers Squibb to Acquire Celgene Corporation
Bristol-Myers Squibb to Acquire Celgene Corporation NEW YORK & SUMMIT, N.J. — In a deal worth $74 billion, Bristol-Myers Squibb announced today its plans to acquire Celgene Corporation. The…
Read MoreAeroflow Healthcare Acquires Wheelock Home Medical CPAP Program
Aeroflow Healthcare, a leading durable medical equipment (DME) provider and Inc. 5000 fastest growing company, today announced the acquisition of Wheelock Home Medical’s continuous positive airway pressure (CPAP) resupply program.…
Read MoreHy-Vee announced Acquisition of 22 Shopko Pharmacies
On the heels of yesterday’s announcement of a new deal between Shopko and Kroger that will see Kroger buying the files from 42 of Green Bay, Wis.-based Shopko’s stores, Hy-Vee announced today…
Read MoreConsolo Services Group has been acquired by WellSky
Consolo Services Group, a portfolio company of Bluff Point Associates and leading provider of fully-integrated, web-based health IT solutions for the hospice and palliative care industries, has been acquired by…
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FastMed Urgent Care and NextCare To Merge
PHOENIX, Dec. 13, 2018 /PRNewswire/ — FastMed Urgent Care and NextCare Holdings, Inc., two of the nation’s leading urgent care providers, today announced that they will merge. The combined company will be…
Read MoreBrightSpring and PharMerica Announce Merger
BrightSpring and PharMerica Combine to Form Comprehensive Health Services Company December 11, 2018 10:13 AM Eastern Standard Time LOUISVILLE, Ky.–(BUSINESS WIRE)–BrightSpring Health Services (“BrightSpring”) and PharMerica Corporation (“PharMerica”) announced…
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Infucare Acquires FOSRx Fast Pharmacy In Strategic Transaction
Infucare Acquires FOSRx Fast Pharmacy In Strategic Transaction Creates National Home Infusion and Specialty Pharmacy Platform Aston, PA – November 30 2018 InfuCare Rx announces the strategic acquisition of Factor…
Read MoreSolara Medical Supplies Acquired Pal-Med
Solara Medical Supplies, which is backed by Linden Capital Partners, has acquired South Carolina-based Pal-Med Inc, a direct-to-patient provider of insulin pumps and diabetic testing supplies. No financial terms were disclosed. PRESS…
Read MoreClearview acquires Premier Care – Maintenance & Recovery Services
Clearview Capital Fund III, LP (“Fund III”) announced today the acquisitions of Premier Care and Maintenance and Recovery Services (“MARS”), two providers of medication-assisted treatment for patients suffering with opioid…
Read MorePharmScript acquires Doehring’s LTC Pharmacy
PharmScript, a leading pharmacy provider to long-term care and post-acute care facilities, today announced the acquisition of Doehring’s LTC Pharmacy. This acquisition builds on PharmScript’s national expansion and momentum extending…
Read MoreFive Points Capital sold Quick Med Claims to PWP Growth Equity
Five Points Capital (“FPC”) announces the sale of Quick Med Claims (“QMC” or the “Company”) to PWP Growth Equity, the middle market private equity group of Perella Weinberg Partners. Founded…
Read MoreDemocrasales Holdings acquires T-Plex Industries, Inc.
Democrasales Holdings, Inc. has announced that it has acquired T-Plex Industries, Inc. The deal marks the third add-on acquisition for the Democrasales platform. St. Louis, Missouri-based T-Plex is a leading supplier of medical…
Read MoreCVS Health completes $70B Aetna acquisition
The biggest healthcare merger of the year is complete. CVS Health on Wednesday announced that it had closed its $70 billion acquisition of health insurer Aetna, which it said positions…
Read MoreReliable Medical Supply recapitalized with Seven Hills Capital
Seven Hills Capital has recapitalized Minnesota-based Reliable Medical Supply, a provider of complex rehab technology, clinical respiratory products and durable medical equipment and supplies. No financial terms were disclosed. Wintrustprovided senior debt financing…
Read MoreNumotion acquisition of Carr Rehab
Numotion has expanded its footprint in Tennessee with the acquisition of Carr Rehab. Carr Rehab has been serving East Tennessee for more than 27 years from locations in Knoxville and…
Read MoreAEA Investors To Acquire PE-backed Numotion
AEA Investors To Acquire PE-backed Numotion Friday, September 21, 2018 BRENTWOOD, Tenn. – Numotion has signed a definitive agreement to sell to a new private equity sponsor, a company exec has…
Read MoreRick’s Medical buys DMES
Rick’s Medical buys DMES Tuesday, October 30, 2018 ROSEBURG, Ore. – Rick’s Medical Supply has acquired Douglas Medical Equipment Supply, adding two new locations and expanding its reach to the coast…
Read MoreMBF Acquires Majority Stake in Affinity Hospice
MBF Acquires Majority Stake in Affinity Hospice MBF Healthcare Partners has agreed to acquire a majority stake in Birmingham, Alabama-based Affinity Hospice, a provider of hospice care services. No financial terms were disclosed. The deal…
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Paragon Ventures Announces Sale of Continued Care of Long Island
Continued Care of Long Island Acquired In Strategic Transaction Provides Expansion In The Metropolitan New York Markets Farmindale, NY – October 2018 Paragon Ventures announces the sale of Continued Care…
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UnitedHealth Acquires Avella Specialty Pharmacy to Build Optum
UnitedHealth Acquires Avella Specialty Pharmacy to Build Optum Unit UnitedHealth Group Inc. bought Avella Specialty Pharmacy that will further boost its already-growing pharmacy offerings. Financial terms of the deal weren’t disclosed,…
Read MoreAmedisys Buys Compassionate Care for $340M
Amedisys Buys Compassionate Care for $340M, Will Become Third-Largest US Hospice Provider Amedisys Inc. (Nasdaq: AMED) is executing an industry-shaping deal with one of the country’s largest hospice providers, adding…
Read MoreApothecary By Design Acquires Village Fertility Pharmacy
Apothecary By Design, a portfolio company of BelHealth Investment Partners, has acquired Waltham, Massachusetts-based Village Fertility Pharmacy, a fertility-focused specialty pharmacy. No financial terms were disclosed. PRESS RELEASE New York, NY –…
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Paragon Ventures Announces Sale of J&L Medical Services
Paragon Ventures Announces Sale of J&L Medical Services to Lincare Holdings Strategic Acquisition Provides Expansion In New England Markets Middlebury, CT – August 2018 Paragon Ventures announces the sale…
Read MorePyramid Healthcare Acquires Walden Sierra
Pyramid Healthcare Acquires Walden Sierra Pennsylvania-based Pyramid Healthcare announced a planned expansion into Maryland with an agreement to purchase WaldenSierra, which provides residential, outpatient and recovery support services in the…
Read MoreWellCare Health Plans acquiring Aetna’s Medicare Part D Pharmacy
WellCare Health Plans will be acquiring the entirety of Aetna’s standalone Medicare Part D prescription drug plan business, effective 11:59 p.m. on Dec. 31, according to a Securities and Exchange…
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UnitedHealth purchases Pharmacy Genoa Healthcare from Advent
UnitedHealth purchases Pharmacy Genoa Healthcare from Advent Genoa Healthcare has been acquired by UnitedHealth Group Inc. According to a source familiar with the deal, UnitedHealth paid Advent International—a Boston-based private…
Read MoreGreat Elm Invests In Valley Healthcare Group & Northwest Medical
Combined companies generated revenue of $47.1 million, net income of $3.4 million and Pro Forma Adjusted EBITDA of $12.9 million for the trailing 12 months ended June 30, 2018 Purchase Price corresponds to 4.9x June…
Read MoreLighthouse Autism Center receives Abry Partners Investment
Lighthouse Autism Center receives Abry Partners Investment Lighthouse Autism Center (“Lighthouse” or the “Company”), a leading provider of center-based, Applied Behavioral Analysis (“ABA”) therapy, today announced a strategic investment from…
Read MorePyramid Healthcare To Acquire Walden Sierra
Pennsylvania-based Pyramid Healthcare this week announced a planned expansion into Maryland with an agreement to purchase WaldenSierra, which provides residential, outpatient and recovery support services in the state. Pyramid Healthcare currently operates…
Read MoreCare Advantage – BelHealth Acquires Direct Home Health Care
Care Advantage, Inc., a leading provider of home health care services in the MidAtlantic and a portfolio company of BelHealth Investment Partners, LLC., has acquired Direct Home Health Care. Financial…
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Aramark Sells Healthcare Technologies for $300 million to TRIMEDX
PHILADELPHIA–(BUSINESS WIRE)–Aramark (NYSE: ARMK) announced that it has signed a definitive agreement to sell its Healthcare Technologies (HCT) business for $300 million to TRIMEDX. “Today’s action is another demonstration of the clear and focused…
Read MoreDW Healthcare Partners invests in Psychcare/360 Behavioral Health
DW Healthcare Partners (“DWHP”), the Toronto and Park City-based healthcare private equity firm, has invested in California Psychcare (“CPC”). CPC is a leading provider of behavioral services for children and…
Read MoreSerent Capital Acquires Senior Dental Care
Serent Capital Acquires Senior Dental Care, a Leading Dental Care Provider for Nursing Homes San Francisco, CA – August 17, 2018 – Serent Capital, a San Francisco-based private equity firm…
Read MoreIRP Sells Universal Hospital Services To Federal Street
I remember Ed Fish as a true pioneer in the medical equipment rental world. He started UHS with the rental of oxygen tents to hospitals. They sure have succeeded ever…
Read MoreDME Express acquires Advanced Therapeutics
DME Express acquires Advanced Therapeutics BATON ROUGE, La., July 25, 2018 /PRNewswire/ — DME Express, a leading technology–enabled provider of medical equipment solutions to the hospice industry, has completed its acquisition of Maryland-based Advanced…
Read MoreCantel Medical Acquires Stericycle’s CES Business for $17.0M
Cantel Medical Corp. Acquires Stericycle’s Controlled Environmental Solutions Business for $17.0M 8/5/18 Cantel Medical Corp. (NYSE: CMD), announced today that it has acquired Stericycle, Inc.‘s (Nasdaq: SRCL) Controlled Environmental Solutions business for…
Read MoreLincare Acquires Specialized Medical Services From Riverside
Riverside Co. exits respiratory market with sale of SMS to Lincare CLEVELAND – The Riverside Company, a global private equity company based here, has sold Specialized Medical Services to Lincare. …
Read MoreRespiratory Services of Wstrn NY Acquires Homecare Medical Supply
Homecare Medical Supply joins Respiratory Services of WNY AUBURN, N.Y., and BUFFALO, N.Y. – Homecare Medical Supply in Auburn, N.Y., has become a branch of Respiratory Services of Western New York…
Read MoreApothecare Pharmacy Acquired by Clearview and Starboard Capital
Apothecare Pharmacy, LLC Acquired by Clearview and Starboard Brockton, Massachusetts-based Apothecare Pharmacy, LLC has new owners. The institutional pharmacy was recently recapitalized by Clearview Capital Fund III, LP and Starboard Capital Partners, LLC. Financial terms…
Read MoreLinden Capital Partners Acquired Solara Medical Supplies
CHICAGO (June 13, 2018)—Linden Capital Partners has acquired Solara Medical Supplies, a direct-to-patient distributor of diabetes therapy products including continuous glucose monitors and insulin pumps. Solara Medical was founded in…
Read MoreActive Day Adult Day Health Acquired Millennium Adult Day Care
TREVOSE, PA – July 11, 2018 – Active Day, a leading provider of adult day health centers in the United States, is pleased to announce the acquisition of Millennium Adult…
Read MoreGalen Partners Recapitalizes SMP Pharmacy Solutions
Stamford, CT-based Galen Partners has acquired Miami-based SMP Pharmacy Solutions, a nationwide specialty pharmacy with a focus in the fertility, rheumatoid arthritis, dermatology, gastroenterology, osteoporosis, and oncology sectors. The buy…
Read MoreCelerity Partners Acquires Total Care Rx Pharmacy
Queens, New York: Celerity Partners completed an investment in Total Care RX, Inc., a New York-based pharmacy servicing specialty and long-term care patients including for organ transplant, Cystic Fibrosis, HIV…
Read MoreBioMatrix Acquires Decillion Healthcare
BioMatrix Specialty Pharmacy announced that it has acquired Decillion Healthcare, near Columbus, Ohio. Decillion provides individualized pharmacy and clinical support services for patients with chronic, difficult to treat conditions in neurology, oncology, gastroenterology,…
Read MoreKKR Acquires Envision Healthcare for $9.9B
NASHVILLE, Tenn.–(BUSINESS WIRE)–Envision Healthcare Corporation (NYSE: EVHC) today announced it has entered into a definitive agreement to be acquired by global investment firm KKR in an all-cash transaction for approximately $9.9 billion, including the…
Read MoreMedical Specialties Distributors acquired by McKesson Corp.,
Medical Specialties Distributors has entered into a definitive agreement to be acquired by McKesson Corp., the company announced April 25. McKesson will pay $800 million for the post-acute/non-hospital patient supply…
Read MoreDrug World Pharmacy Acquisition brings Benzer to Empire State
Drug World Pharmacy Acquisition brings Benzer to Empire State Benzer Pharmacy’s latest acquisition is marking the company’s entry into New York state. The Tampa, Fla.-based company recently finalized the purchase…
Read MorePlatinum Equity’s $2.1 billion offer for J&J’s LifeScan business
New Brunswick, NJ-based J&J Ncompany recently reported that it has accepted Platinum Equity’s $2.1 billion offer for J&J’s LifeScan business. LifeScan is known to diabetes patients worldwide for its OneTouch brand of…
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ProMedica to acquire Quality Care – HCR ManorCare
ProMedica to acquire nursing home chain — creating $7B health network Written by Alia Paavola | April 26, 2018 Toledo, Ohio-based ProMedica and Welltower, a healthcare-focused real estate investor, purchased Quality Care Properties, which…
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CVS to Acquire Fred’s Specialty Pharmacy for $40MM
One week after Memphis-based discounter Fred’s announced that it was looking to sell its specialty pharmacy business, the retailer announced it has entered into a deal with CVS Health Corp.…
Read MoreBPOC Sells PMG Intermediate Holding’s Paragon Medical to NN Inc.
Beecken Petty O’Keefe & Company has agreed to sell PMG Intermediate Holding Corporation, the parent company of Paragon Medical, Inc, to NN Inc. No financial terms were disclosed. The transaction is expected to close…
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