TORONTO: Dentalcorp Holdings Ltd., Canada’s largest network of dental practices, said on Thursday it has agreed to be acquired by private equity firm GTCR in a deal that values the company at about C$3.3 billion ($2.4 billion) including debt. Under the terms of the agreement, GTCR will pay C$11.00 in cash for each share of…
DALLAS: AleraCare and PURE Healthcare, two leading providers of infusion and specialty pharmacy services, announced Thursday that they have entered into a definitive merger agreement. The merger aims to expand access to high-quality patient care and lower the overall cost of healthcare for individuals with complex chronic and autoimmune conditions. Terms of the transaction were…
NEW YORK: Longevity Health Holdings, Inc. (Nasdaq: XAGE), a company focused on human longevity and healthy aging, announced Tuesday the execution of a definitive agreement to merge with True Health Inc., operator of the THPlasma brand, in an all-stock transaction. The combined company is expected to continue trading on Nasdaq under the ticker “XAGE” after…
LONDON: N4 Pharma plc (AIM: N4P), a UK-based biotechnology company developing its proprietary Nuvec® gene delivery system for advanced cancer and disease therapies, announced its audited financial results for the year ended Dec. 31, 2024. The company’s annual report and notice of its annual general meeting (AGM) have been distributed to shareholders. The AGM will…
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, 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, 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…
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…
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…
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 (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…
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…