Private equity pushes into healthcare: 7 latest deals

There were more than 700 private equity deals in the healthcare industry in 2018, and the healthcare sector continued to draw private equity investors last year.

Advertisement

Here are seven private equity deals announced in the past month:

1. Varsity Healthcare Partners acquired Peak Gastroenterology Associates, the largest provider of gastroenterology and related patient diagnostic and remedial treatment services in Colorado.

2. KKR in partnership with GIC acquired Metro Pacific Hospital Holdings, the Philippines’ largest hospital chain.

3. VirTrial, a portfolio company of Kinderhook Industries, acquired SnapMD Healthcare, a Glendale, Calif.-based provider of telemedicine tools and services.

4. Altaris Capital Partners agreed to acquire 3M’s drug delivery unit for about $650 million.

5. GenesisCare, an Australian portfolio company of China Resources and KKR, acquired 21st Century Oncology, a Fort Myers, Fla.-based network of cancer centers.

6. Aspen Surgical Products, a portfolio company of Audax Private Equity, acquired Beatty Marketing & Sales, a Redmond, Wash.-based provider of orthopedic products to hospitals and ambulatory surgery centers.

7. Partners Group agreed to acquire EyeCare Partners, a St. Louis-based medical vision services provider.

More articles on healthcare finance:

Southwest Tennessee has 1 rural hospital after 3 others close
North Carolina hospital secures loan to pay employees
Antitrust settlement pushes Sutter Health to $613M operating loss

 

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Register to Attend Webinar

Reconsider What’s Possible: Enterprise RCM and the Pro-Fee Practice

Tuesday, July 28
11:00 AM - 12:00 PM CDT

Presenters: Garett Kreitz, Med-MetrixJohn Stefanowicz, Med-Metrix

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.