The healthcare industry looks poised for another busy year of dealmaking, amid an increase in both fundraising levels and the number of PE funds putting capital to work in the industry. By late December, 105 funds investing in healthcare held a final close for a combined value of approximately $103 billion, PEI Research data show.
Capital Poured into Healthcare in 2019, Led by Advent, TA Read More »
Gastroenterology investment dominated the specialty in 2019, with no signs of slowing down in 2020. Here, NextServices President and Co-founder Praveen Suthrum examines the current PE landscape in GI and offered insights into the future. Read the full article:
What Private Equity Has in Store for GI in 2020 Read More »
Here are 11 private equity transactions involving orthopedic practices and device companies in 2019, according to a list compiled by Becker’s Spine Review. Read the full article:
11 PE Transactions in Orthopedics in 2019 Read More »
Vermont’s largest in-patient mental health facility, the Brattleboro Retreat, has voted to begin the process of either closing or selling the facility due to financial troubles. Vermont Human Services Secretary Mike Smith says the state has invested millions of dollars into the privately run facility but says management “has failed to deliver fiscal stability to
Brattleboro Retreat May Close or Be Sold Due to Financial Crisis Read More »
Among the many changes coming to DeGraff Hospital this year, part of it is now up for sale. The five-story main hospital tower on 445 Tremont Street will be re-used as a redevelopment opportunity, per Kaleida Health. Pyramid Brokerage Company is looking to sell the 85,000-sqaure-foot building in North Tonawanda for for multi-family redevelopment or
Part of DeGraff Hospital Is up for Sale Read More »
ll eyes were on the legal drama over the Affordable Care Act as 2019 drew to a close — and while that case remains a focus for this year — a lot more is also at stake. Payers and providers are fiercely contesting a price transparency push from the Trump administration that would force privately
Beyond the ACA: Healthcare Legal Fights to Watch in 2020 Read More »
Doctors and hospitals have voiced support for the Trump administration’s efforts to encourage value-based care by reforming physician self-referral rules, but they oppose including any sort of price transparency requirements. The CMS wants to change Stark law regulations to make it easier for providers to enter into value-based arrangements without running afoul of kickback concerns.
Doctors and Hospitals Support Value-Based Stark Law Changes Read More »
Foot and Ankle Specialists of the Mid-Atlantic (FASMA) has expanded in North Carolina with its newest division in Gastonia, NC, with the joining of Gaston Foot & Ankle Associates on December 1, 2019. With the partnership of the office in Gastonia, FASMA will function in 42 locations across DC, Maryland, Pennsylvania, Virginia, and North Carolina
Foot and Ankle Specialists of the Mid-Atlantic Extends to Gastonia, NC Read More »
Melinta Therapeutics, Inc. (NASDAQ: MLNT) (the “Company” or “Melinta”), a commercial-stage company focused on the development and commercialization of novel antibiotics to treat serious bacterial infections, announced that it has entered into a Restructuring Support Agreement (the “Agreement”) with the lenders under its senior credit facility, Deerfield Private Design Fund III, L.P. and Deerfield Private
Urovant Sciences (Nasdaq: UROV) (“Urovant”) announced that its majority shareholder, Roivant Sciences Ltd. (“Roivant”), and Sumitomo Dainippon Pharma Co., Ltd. (TSE: 4506) (“Sumitomo Dainippon Pharma”), a leading global Japanese pharmaceutical company, have completed their transaction that creates a significant, multinational Sumitomo Dainippon Pharma-Roivant Alliance (“Alliance”), including the transfer of Roivant’s ownership interests in Urovant, as
