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Private equity ownership rises among health providers

There's been a national surge in the number of investment firms acquiring health care providers – with South Florida among the top regions fueling that trend......»»

Category: topSource: bizjournalsApr 19th, 2024

Acquisition will pave way for more ZeptoMetrix growth in Buffalo, leader says

While the local ownership group supported ZeptoMetrix for more than two decades, a private equity-backed health sciences group will surround the business with a "wealth of infrastructure.".....»»

Category: topSource: bizjournalsJan 18th, 2021

University of Maryland plans outpatient growth with new for-profit arm

University of Maryland Medical School officials hope a new for-profit entity will help the state institution compete with private health care providers......»»

Category: topSource: bizjournalsApr 24th, 2024

Five Things to Know this week: In-N-Out in Washington and private equity in health care

Plus, getting to know the PBJ's 2024 Executives of the Year......»»

Category: topSource: bizjournalsApr 15th, 2024

Private equity investment means funding firms of great promise that don"t trade on public stock exchanges

Private equity investment involves buying an ownership stake in companies that aren't publicly traded but offer potential for above-average returns. Private equity invest.....»»

Category: topSource: businessinsiderJan 26th, 2021

America"s vaccine rollout is already leaving people of color behind. Healthcare providers need to make a serious effort to change this.

Health equity is a significant problem for America, rooted in centuries of racism. Our COVID-19 vacci.....»»

Category: topSource: businessinsiderJan 24th, 2021

KKR"s first-quarter profit rises 11% on stronger asset sales

Private equity firm KKR & Co Inc reported an 11% jump in after-tax distributable earnings in the first quarter on Wednesday, driven by growth in asset sales and management fees ahead of the coronavirus-linked market turmoil......»»

Category: topSource: reutersMay 6th, 2020

Private-equity takeover of nursing homes has reduced quality of care at critical moment, research suggests

For-profit ownership and privat.....»»

Category: topSource: marketwatchMar 14th, 2020

Coronavirus pandemic puts private-equity ownership of nursing homes under microscope

For-profit ownership and privat.....»»

Category: topSource: marketwatchMar 14th, 2020

DXC to offload health business for $5B in cash

Tysons IT services giant DXC Technology Co. (NYSE: DXC) is selling its state and local health business to private equity firm Veritas Capital for $5 billion in cash. DXC said Tuesday it would use the proceeds from the sale to pay down debt. The c.....»»

Category: topSource: bizjournalsMar 11th, 2020

Exclusive: Germany"s Stada buys 15 GSK consumer health brands

Private equity-backed generic drugmaker Stada said it has agreed to buy 15 consumer healthcare products from British drugmaker GlaxoSmithKline to further strengthen its prescription-free drugs business in Europe......»»

Category: topSource: reutersFeb 24th, 2020

London Markets: NMC Health roller-coaster ride continues as KKR puts terse end to takeover speculation

The roller-coaster ride of NMC Health continued on Tuesday after a private equity group tersely dismissed takeover speculation......»»

Category: topSource: marketwatchFeb 11th, 2020

KKR rules out offer for NMC, Italian-backed group confirms interest

Private equity firm KKR on Tuesday said it does not intend to make an offer for troubled NMC Health but Italian-backed GKSD Investment Holding confirmed it could bid......»»

Category: topSource: reutersFeb 11th, 2020

Firm backed by Italy"s Gruppo San Donato could make offer for NMC

GKSD Investment Holding confirmed on Tuesday that it could make an offer to buy NMC Health , a day after the London-listed healthcare group revealed approaches from two private equity groups......»»

Category: topSource: reutersFeb 11th, 2020

GKSD Investment confirms it is mulling offer for NMC Health

GKSD Investment Holding on Tuesday confirmed it was in the preliminary stages of considering an offer for NMC Health , a day after the healthcare group revealed two approaches from private equity groups......»»

Category: topSource: reutersFeb 11th, 2020

Former Georgia-Pacific exec joins Piedmont Healthcare C-Suite

After a lengthy career in the private sector, Douwe Bergsma has joined the C-Suite for one of Atlanta's largest health-care providers. Piedmont Healthcare said Wednesday it hired Bergsma as its new chief marketing officer. He replaces Matt Grove, who le.....»»

Category: topSource: bizjournalsFeb 6th, 2020

Wizz Air"s top shareholder cuts stake to comply with ownership rules

Wizz Air's largest shareholder, U.S.-based private equity firm Indigo Partners, carried out a long-time plan to cut its stake in the company as the Budapest-based low-cost airline works to comply with European Union ownership rules......»»

Category: topSource: reutersFeb 4th, 2020

South Jersey health care startup raises $3.5 million

A South Jersey life sciences company developing a blood test for the early detection of Alzheimer's and Parkinson's disease, when treatments are likely to be more effective, has raised $3.5 million in equity financing. The private stock sale was dis.....»»

Category: topSource: bizjournalsDec 23rd, 2019

Private equity bets on health care real estate

Private equity deals in the health care sector overall have more than doubled over the past decade......»»

Category: topSource: foxnewsDec 12th, 2019

Factbox: Ownership of leading European soccer clubs

The Abu Dhabi-controlled soccer group that owns Manchester City has agreed to sell a $500 million stake to U.S. private equity firm Silver Lake, making it the world's most valuable soccer group with a $4.8 billion price tag......»»

Category: topSource: reutersNov 27th, 2019

UPDATE: Hologic to sell underperforming Cynosure business for proceeds of about $138 million

Hologic Inc. said Wednesday it has agreed to sell its Cynosure medical aesthetics business to funds managed by private-equity firm Clayton, Dubilier & Rice for $205 million in cash. The company, which focuses on health care for women, expects to recei.....»»

Category: topSource: marketwatchNov 20th, 2019