Private Equity Sets Sights on Acquisitions of Radiology Groups
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Concord Health Partners (“Concord” or the “Firm”), a healthcare focused investment firm, announced Monday the final close of $150 million in new commitments for Concord Innovation Fund II (“Innovation Fund II”). Innovation Fund II builds on the Firm’s strategy of investing in healthcare companies with innovative technologies and solutions that enhance the value of care
These days, either you or someone you know owns a pet. There’s also a good likelihood that the veterinary clinic taking care of those animals is owned by a private equity firm. Pet ownership is booming, with more than 90 million US households now including a pet, according to the American Pet Products Association. In
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In the past decade, private equity groups have gone from taking over a handful of practices to working with as many as 8% of the nation’s ophthalmologists, said Dr. Robert E. Wiggins Jr., president of the American Academy of Ophthalmology. They are scooping up eye care physician practices nationwide as money-making opportunities grow in medical
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Amazon, Walmart and CVS are once again shaking up the healthcare industry with a series of acquisitions and partnerships that bring the retailers further into healthcare delivery. Chief among their goals: Bring innovation and increase access to care both in the home and at clinics and retail locations. The acceleration of strategic activity by deep-pocketed
With inflation surging and the economy raising question marks, it is no wonder the rate of mergers and acquisitions of midsize companies has slowed the record-breaking pace of 2021. In the second quarter of 2022, 23% fewer deals were announced than a year earlier, according to data from S&P Global analyzed in Firmex’s Q3 2022
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