Business News

Business News

TPG Invests in Compass Surgical Partners

TPG, a global alternative asset management firm, announced last week a strategic investment in Compass Surgical Partners, an independent full-service ASC development and management partner, according to a release.


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Medical Illumination Acquires Isolux

Medical Illumination International Inc. of Chatsworth, California, recently acquired Isolux LLC of Naples, Florida, according to a release.


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Regent Surgical and Oregon Surgical Expand Partnership

Regent Surgical Health recently expanded its joint venture partnership with Oregon Surgical Institute (OSI), according to a release. As a result of the agreement, Regent has gained majority ownership of OSI.


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Pacira Announces FDA Approval of Expanded Exparel Label

Pacira BioSciences Inc. announced that the US Food & Drug Administration (FDA) has approved its supplemental new drug application (sNDA) to expand the Exparel (bupivacaine liposome injectable suspension) label to include administration in adults as an adductor canal block and a sciatic nerve block in the popliteal fossa, according to a release.


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National Medical Billing Services Rebrands as nimble solutions

National Medical Billing Services of St. Louis, Missouri, changed its name to nimble solutions to better align with its values of agility, innovation and client-centricity, according to a release.


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MedHQ Partners with Avanza Healthcare Strategies

MedHQ of Westchester, Illinois, has acquired Avanza Healthcare Strategies of Austin, Texas, according to a release. Following the acquisition, Avanza will continue to operate independently.


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Vizient Partners with HANDLE Global

Vizient Inc. of Irving, Texas, entered into a strategic partnership with HANDLE Global, an ASCA Affinity partner, to launch a capital asset management system for its members, according to a release.


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National Medical Billing Acquires MedTek

National Medical Billing Services of St. Louis, Missouri, has acquired MedTek of Woodland Hills, California, according to a release.


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National Medical Billing Acquires Medi-Corp Inc.

National Medical Billing Services of St. Louis, Missouri, has acquired Medi-Corp Inc. of Cranford, New Jersey, according to a release.


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Henry Schein Announces Staff Changes

Henry Schein of Melville, New York, announced that Gerald A. Benjamin will retire as executive vice president and chief administrative officer, effective July 1, 2022, after 34 years with the company, according to a release.


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National Medical Billing Acquires National Billing Partners

National Medical Billing Services of St. Louis, Missouri, has acquired National Billing Partners (NBP) of Austin, Texas, according to a release.


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National Medical Billing Acquires mdStrategies

National Medical Billing Services of Chesterfield, Missouri, has acquired mdStrategies of Cypress, Texas, according to a release.


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Tenet and USPI Complete Transaction to Acquire SCD

Tenet Healthcare Corporation of Dallas, Texas, and its subsidiary United Surgical Partners International (USPI) recently completed their previously announced transaction to acquire SurgCenter Development (SCD), according to a release.


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USPI to Acquire Interests in Nine ASCs from Compass Surgical Partners

United Surgical Partners International (USPI) of Dallas, Texas, a subsidiary of Tenet Healthcare Corporation, has entered into an agreement with Compass Surgical Partners of Raleigh, North Carolina, to purchase its ownership and management interests in nine ASCs, according to a release.


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Provation Partners with ACL Laboratories

Provation of Minneapolis, Minnesota, a software and SaaS provider of procedure documentation and clinical decision support solutions, joined hands with ACL Laboratories, which provides anatomic and clinical pathology services throughout Illinois, Wisconsin and Northern Indiana, according to a recent release.


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Surgical Notes Acquires Zulu Health

Surgical Notes of Dallas, Texas, a provider of revenue cycle services for the ASC and surgical hospital markets, acquired Zulu Health of Los Angeles, California, a revenue cycle management provider with a specialized focus on the ASC market, according to a recent release.


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Provation Acquires iProcedures, LLC

Provation of Minneapolis, Minnesota, acquired iProcedures, LLC, of Tampa, Florida, according to a May 4 release. Terms of the transaction were not disclosed.


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Regent Surgical Health Partners With Ascension Capital

Regent Surgical Health, headquartered in Chicago, Illinois, and Nashville, Tennessee, will be the exclusive national partner for ASC development for Ascension Capital, a nonprofit and Catholic health system, according to a March 4 press release.


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National Medical Partners with Aquiline Capital

National Medical Billing Services (NMBS) in St. Louis, Missouri, entered into a strategic partnership with Aquiline Capital Partners based in New York, New York, and London, United Kingdom, according to a February 3 NMBS press release.


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Surgical Directions Announces New Strategic Course

Surgical Directions of Chicago, Illinois, has reached an agreement with Mednax, Inc. of Sunrise, Florida, for a management buyout, according to a release. Following this transaction, Surgical Directions will operate independently of Mednax.


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Simplify ASC Acquires PhyBus Revenue Services

Simplify ASC of Brentwood, Tennessee, completed its acquisition of PhyBus RCM, combining the latter's revenue cycle management (RCM) services with its proprietary electronic health record (EHR) and practice management platform to create an operationally-focused solution for ASCs, according to a release.


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