- Toledo, Ohio-based ProMedica, a 12-hospital system, completed the sale of its home health, palliative and hospice business to Gentiva Health Services, a hospice company backed by Humana and private equity firm Clayton Dubilier & Rice.
- Healthcare software company WellSky acquired Corridor — which provides coding and revenue cycle platforms for the post-acute sector — from HealthEdge Investment Partners, a healthcare-focused private equity firm.
- Blackstone, a private equity firm, inked a deal to purchase a 72.5% stake in Quality Care India — which operates Care Hospitals — from Evercare, a platform backed by TPG Rise funds.
- Los Angeles-based Prospect Medical Holdings reached a deal with two Pennsylvania stakeholders to halt active litigation and activate a 270-day window to sell its struggling Springfield, Pa.-based Crozer Health.
- Nashville, Tenn.-based Envision Healthcare plans to split with AmSurg and reorganize as it emerges from bankruptcy, which the private equity-backed physician services company filed for in May with around $7 billion in outstanding debt.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
