Private equity pushes into healthcare: 13 latest deals

There were more than 300 private equity deals in the healthcare industry in 2019, and the healthcare sector has continued to draw private equity investors in this year. 

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Here are 13 private equity deals announced since Oct. 1:

1. Varsity Healthcare Partners invested in Partners First Cardiology, an Austin, Texas-based cardiology and cardiovascular practices management company. 

2. Arsenal Capital Partners acquired Best Value Healthcare, a Lakeland, Fla.-based primary care platform focused on Medicare Advantage. 

3. DW Healthcare Partners invested in CareXM, a Lehi, Utah-based provider of virtual care for post-acute and non-acute healthcare providers. 

4. H.I.G. Capital agreed to buy St. Croix Hospice, an Oakdale, Minn.-based provider of end-of-life care.

5. Ridgemont Equity Partners acquired Anne Arundel Dermatology Management, a provider of medical, surgical and cosmetic dermatological services with clinics in Maryland, Virginia, Tennessee, North Carolina and Pennsylvania. 

6. Abry Partners invested in Benefit Recovery Group, a Memphis, Tenn.-based provider of healthcare subrogation services. 

7. RLDatix, a provider of patient safety software backed by Five Arrows and TA Associates, acquired Verge Health, a Mount Pleasant, S.C.-based provider of credentialing software. 

8. Morgan Stanley Capital Partners invested in US HealthConnect, a provider of pharma-sponsored continuing medical education and promotional education to healthcare providers. 

9. Covis Group, a portfolio company of Apollo Global Management, entered into a definitive agreement to acquire AMAG Pharmaceuticals, a Waltham, Mass.-based biopharmaceutical company. 

10. VSS Capital Partners invested in Podiatry Group Partners, a St. Louis-based operator of podiatry clinics. 

11. Charter Health Care Group, a portfolio company of Pharos Capital Group, acquired two hospice providers: Phoenix Home Care & Hospice in Denver and Heartwood Home Health & Hospice in Salt Lake City. 

12. WellSky, a portfolio company of TPG Capital and Leonard Green & Partners, entered into a definitive agreement to acquire CarePort Health, a Boston-based provider of patient care coordination software. 

13. Accel-KKR invested in Surgical Information Systems, an Alpharetta, Ga.-based provider of business and surgical software. 

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