Just showing how little areas in health care can have high value, Rexam is selling its division which makes inhalers, syringes and other packaging for medical devices and pharmaceuticals for an estimated $805 million to a private equity firm.
Physio-Control, a former Medtronic unit, now owned by private equity, that makes defibrillators and emergency response software, is acquiring Duluth-based Sansio, which also makes software aimed at emergency services.
H.I.G. Capital has sold portfolio company MagnaCare, a TPA operating in the Northeast, to a group led by a Goldman Sachs affiliate.
http://higcapital.com/news/release/705
Feb032014
The Corridor Group, a vendor of compliance and consulting services to the post-acute care sector, has acquired Daymarck, which provides medical coding and OASIS reviews for the same segment.
Brightree, which provides billing and related services for home health providers, has acquired Strategic AR, which offers collection and similar services.
Surgical Information Systems, which does what its name suggests, has acquired AmKai Solutions, which also offers software and data analytics to surgery providers.
Streamline Health, which provides knowledge management systems to health care industry participants, has agreed to acquire Unibase Systems, which offers patient access software.
Veria Living, which provides a multiplatform approach to health and wellness information, has acquired dLife, which provides information and a social community for patients with diabetes.
Millenium Laboratories, which helps personalize drug therapies, has acquired RxAnte, which provides analytics and decision support for medication adherence.
United Recovery Systems, which provides receivables management across several industries, has acquired Financial Health Strategies, which provides revenue cycle management services to hospitals and health systems. United Recovery is backed by Audax Private Equity.
The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at khroche@healthy-skeptic.com.