Here are five private equity transactions to know that Becker's has reported on since Oct. 11:
- 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.