Kelyniam Global records sales growth despite revenue dip in 2023

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,…

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…

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…