Kelyniam Global (OTC:KLYG), a renowned custom cranial implant manufacturer, has released its financial results for the year ending December 31, 2023. CEO Ross Bjella announced a record-setting fourth quarter in unit sales, contributing to a modest increase in unit volume over the previous year. Despite this, the company experienced a 12% decline in total revenue,…
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Frazier Healthcare Partners acquires RevSpring
Frazier Healthcare Partners, the Seattle-based investment firm with a focus on healthcare, has successfully completed the acquisition of RevSpring, a prominent provider of comprehensive communication and payment solutions. The acquisition, previously under the ownership of the esteemed private equity firm GTCR, marks a new chapter for RevSpring as it joins forces with Frazier. The strategic…
Frontpoint Health acquires High Plains Senior Care Group
Frontpoint Health, a leading Home Health and Hospice platform, has announced the acquisition of High Plains Senior Care Group (HPSC), a large Home Health and Hospice company in Texas. The deal will enhance Frontpoint’s ability to provide care to Medicare Advantage patients in over 176 counties throughout Texas and the Southeast. Frontpoint Health, a portfolio…
ParagonCare and CH2 announce merger to create healthcare distribution giant
SYDNEY, AUSTRALIA: ParagonCare, a leading provider of healthcare equipment and services, has agreed to merge with CH2, a national distributor of pharmaceuticals and medical products, in a deal worth $201.5 million. The merger will create a diversified and complementary healthcare distribution and wholesaling group, with combined revenues of $3.3 billion and EBITDA of $93 million…
IMC to build a new integrated hospital in Jeddah
RIYADH: The International Medical Center Company (IMC), an associate company of Dallah Healthcare, has signed two agreements with specialized consulting companies for a new hospital project in Jeddah. The first agreement, worth 11 million Saudi Riyals, is with Dar Al-Handasah Company for the design of the new hospital, which will be built on a land…
How the new pharmacare deal will benefit Canadians
Canada is on the verge of a major breakthrough in health care, thanks to a historic agreement between the Liberal government and the NDP on Pharmacare. This deal will create a universal, single-payer drug plan that will cover all Canadians and save them billions of dollars. Pharmacare is a long-standing demand of the labour movement,…
Dr. Sulaiman Al Habib Medical Services Group reports 23.94% net income growth in 2023
Dr. Sulaiman Al Habib Medical Services Group (HMG), one of the largest private healthcare providers in the Middle East, announced its annual financial results for the year 2023, showing strong performance across its hospital and pharmacy segments. According to the group’s financial statement, HMG’s revenues for the year 2023 reached SAR 9,508.44 million, an increase…
Medical Treatment Facilities Can Increase Their Profits With These Easy Steps
It’s a problem as old as the business world itself: how to make money. For medical treatment facilities, this question can be particularly thorny. Charging too much can lead to fewer patients while charging too little can lead to financial instability. But with the right approach, medical treatment facilities can find a middle ground that…
Hg announces additional investment into Lyniate
LONDON, UK: Hg, the Manager of HgCapital Trust plc (HGT), announced an additional investment into Lyniate, a leader in healthcare data interoperability. The terms of the transaction are not disclosed. HGT, whose shares are listed on the London Stock Exchange, gives private and institutional investors the opportunity to participate in all Hg’s investments. The transaction…
Alpha Dhabi Holding announce AED 8.0bn expansion plans
ABU DHABI, UAE: Alpha Dhabi Holding (ADH), has agreed on the conglomerate’s expansion plans and future strategy, targeting AED 8 billion for investments in real estate, hospitality, healthcare, petrochemicals, and other promising sectors inside and outside the UAE. Eng. Hamad Al Ameri, Managing Director and CEO of Alpha Dhabi Holding, said: “In Q3 2021, the…
Important Things That Every Healthcare Worker Needs To Know About
Therefore here is the list of everything a healthcare worker needs to be aware of, and take action accordingly.
Industries to watch in Q1 of 2022
The stock market has been in one of its best periods since the financial crisis in 2008. With the market increasing through most of 2021 many investors would like to keep on improving their portfolios. Let’s take a look at some of the industries that you might want to watch in the first quarter of…