On Oct. 13, 2023, the U.S. Department of Health and Human Services Office of Inspector General (OIG) issued Advisory Opinion 23-07 approving a multispecialty physician practice’s proposal to pay bonuses to each of its employed physicians based on net profitsContinue Reading HHS Advisory Opinion Approves Profit-Based Bonus Plan for Bona Fide Physician Employees
Amber Walsh is the former Chairwoman of the firm's Healthcare Department, one of the largest healthcare practices in the United States. She sits on the firm’s Executive Committee and is a recognized leader in promoting the advancement of women in the private equity sector.
Hildred Capital Management will acquire Hello Bello, according to a news release.
Hello Bello, founded in 2019 and based in Pacific Palisades, Calif., produces baby and family care products.
Hildred, based in New York, is healthcare-focused private…Continue Reading Healthcare & Life Sciences Private Equity Deal Tracker: Hildred to Acquire Hello Bello
Summit Partners has invested in Hallmark Health Care Solutions, according to a news release.
Hallmark, based in Hauppauge, N.Y., is a healthcare consulting and technology firm. The software-as-a-service (SaaS) company offers physician compensation and workforce management solutions for…Continue Reading Healthcare & Life Sciences Private Equity Deal Tracker: Summit Partners Invests in Hallmark Health Care Solutions
McGuireWoods recently held its 16th annual Healthcare Finance & Growth Conference, during which speakers and industry leaders examined various subtopics in the healthcare space.
During the conference, Jeremy Johnson, Senior Managing Director, Head of Investment Banking at Bourne Partners, and…Continue Reading Pharma Services Industry Leaders Cautiously Optimistic: HCFG Conference Recap
In response to a growing number of cyberattacks in the healthcare and life sciences industries, on Sept. 27, 2023, the U.S. Food and Drug Administration (FDA) released updated guidance regarding cybersecurity safety requirements for medical devices. This guidance outlines the…Continue Reading FDA Publishes New Guidance on Cybersecurity in Medical Devices
Gurnet Point Capital and Novo Holdings have completed their acquisition of Paratek Pharmaceuticals in a deal valued at $462 million, according to a news release.
Paratek, founded in 1996 and based in Boston, is a commercial-stage biopharmaceutical company…Continue Reading Healthcare & Life Sciences Private Equity Deal Tracker: Gurnet Point and Novo Holdings Acquire Paratek Pharmaceuticals
Tuesday, October 24, 2023
12-1 p.m. (ET) | 11 a.m.-12 p.m. (CT) | 9-10 a.m. (PT)
Bain Capital Private Equity will acquire Harrington Process Solutions, according to a news release.
Harrington, founded in 1959 and based in Chino, Calif., is a specialty distributor of industrial flow control process solutions. Harrington provides solutions to a wide…Continue Reading Healthcare & Life Sciences Private Equity Deal Tracker: Bain Capital to Acquire Harrington Process Solutions
In the past three to four years, health system transaction activity has significantly slowed, due, in large part, to the unavoidable COVID-19 response efforts hospitals faced. Now, in this post-pandemic era, hospitals are reemerging and reengaging as active players in…Continue Reading Five Things to Know: Hospital Joint Venture Arrangements in Today’s Landscape
FFL Partners has announced it has completed a growth investment in Johnson County Clin-Trials (JCCT).
JCCT, based in Lenexa, Kan., is a clinical research site platform serving pharmaceutical and biotechnology companies and contract research organizations. Founded in 2005, JCCT…Continue Reading Healthcare & Life Sciences Private Equity Deal Tracker: FFL Invests in Johnson County Clin-Trials