July 20, 2020 – Sarnova (Dublin, OH) announced it will acquire and simultaneously combine Digitech (Chappaqua, NY) and the R1 RCM Inc. EMS business (formerly ADPI/Intermedix), in partnership with Pamlico Capital (Charlotte, NC) and Digitech Founder and CEO Mark Schiowitz, to create a provider of revenue cycle management (RCM) solutions for emergency medical services (EMS) … [Read more...]
Medtronic to acquire Medicrea
Medtronic plc (Dublin, Ireland) and Medicrea have entered into a tender offer agreement for the acquisition of all outstanding shares of Medicrea. The voluntary all-cash tender offer will be at a price of about $8 per Medicrea share. Medicrea’s product portfolio includes MEDICREA UNiD ASI (Adaptive Spine Intelligence) designed to support surgeon workflow in pre-operative … [Read more...]
CHS to sell Bayfront Health St. Petersburg
Community Health Systems, Inc. (CHS) (Franklin, TN) announced that an affiliate of the company has signed a definitive agreement to sell 480-bed Bayfront Health St. Petersburg (St. Petersburg, FL) and its associated assets to a subsidiary of Orlando Health. Under the agreement, Orlando Health will assume responsibility for the long-term lease and operations of the hospital. … [Read more...]