The U.S. saw remarkable increases in the death rates for heart disease, diabetes and some other common killers in 2020, and experts believe a big reason may be that many people with dangerous symptoms made the lethal mistake of staying away from the hospital for fear of catching the coronavirus. The death rates — posted online this week by federal health authorities — add to the growing body of evidence that the number of lives lost directly or indirectly to the coronavirus in the U.S. is far greater than the officially reported COVID-19 death toll of nearly 600,000 in 2020-21.
AliveCor, the global leader in FDA-cleared personal electrocardiogram (ECG) technology and services, announced Wednesday that it has acquired the independent diagnostic testing facility (IDTF) CardioLabs, a leading monitoring and cardiac diagnostic service provider. The acquisition is a cornerstone of AliveCor’s mission to extend its comprehensive cardiological services to patients who are prescribed monitoring devices by their healthcare providers. With the acquisition, AliveCor now manages CardioLabs’ U.S.-based healthcare provider customers and plans to expand the service to new customers in the coming months.
Generational Capital Markets is pleased to announce the sale of Navix Holdings Corp. and its subsidiary, Navix Diagnostix, Inc. (a portfolio company of Prospect Partners) to a Private Investment Firm. The acquisition closed April 30, 2021. Prospect Partners is a leading lower-middle-market private equity firm based in Chicago. Located in Taunton, Massachusetts, Navix Diagnostix, Inc. (Navix) is the market leader in providing outsourced cardiovascular services, specializing in the management of noninvasive vascular labs.
Single-specialty cardiology ASCs are rapidly rising, and there are plenty of indications that the steep climbs witnessed in recent years will continue apace in the years to come. In this article, GHA highlights several points of consideration with respect to cardiology ASCs.
Anderson Heart, PC (Anderson Heart or AH), an independent cardiology and vascular surgery practice headquartered in Anderson, South Carolina, has partnered with Azura Vascular Care (Azura) and National Cardiovascular Partners, LP (NCP), together wholly owned by Fresenius Medical Care North America, to form a newly created joint venture (Joint Venture) that completes an equity recapitalization and focuses on a growth strategy of physician recruitment and providing high-quality medical care to patients throughout South Carolina.
Center for Vein Restoration (CVR), the national leader in treating varicose and spider veins, has announced a new partnership with Dr. Michael Harding of Vein Center of New Mexico. This location in Albuquerque, New Mexico, adds to our growing footprint of over 100 centers nationwide. Dr. Harding is board-certified in cardiovascular disease, internal medicine, and vascular medicine. He is a Diplomate of the American Board of Venous and Lymphatic Medicine; registered Phlebology Sonographer; and registered physician in vascular interpretation.
Even before the COVID-19 pandemic began last year, hospital and health system executives were looking for new service lines to generate reliable revenues. According to a recent report released by the Society for Vascular Surgery (SVS), vascular surgeons could provide both necessary care for patients as well as a significant boost to a provider organization’s bottom line. Richard Powell, MD, section chief of vascular surgery at Dartmouth-Hitchcock Medical Center in Lebanon, New Hampshire, underscores the financial opportunities for health systems related to the vascular surgery line.
PIH Health announced that it has acquired the nationally recognized Los Angeles Cardiology Associates effective April 1, 2021. With the acquisition, the 12 healthcare providers of Los Angeles Cardiology Associates are now part of its existing medical group, PIH Health Physicians. PIH Health adds an additional seven medical offices to its network which are located in Cypress, Lancaster, Los Angeles, Palmdale, San Bernardino, and Upland. PIH Health is a nonprofit, regional healthcare network that serves approximately 3.7 million residents in the Los Angeles County, Orange County and San Gabriel Valley region.
Center for Vein Restoration (CVR), the clinical leader in the treatment of varicose and spider veins, has announced a new partnership with Dr. Louis Prevosti and Dr. James Fonger of VEINatlanta. Their locations in Camp Creek, Gwinnett, and Sandy Springs will be CVR’s first centers in Georgia, adding to their footprint of over 105 centers nationwide. Center for Vein Restoration (CVR) is the largest physician-led practice treating vein disease in the country. With 100 centers and growing, CVR has over 500 employees and conducts over 200,000 patient interactions annually.
Intelerad Medical Systems™, a global leader in enterprise imaging solutions, today announced that it has acquired Oakland, CA-based LUMEDX, a leading provider of healthcare analytics and cardiovascular information systems (CVIS). The acquisition marks Intelerad’s third deal in just six months, extending a period of rapid growth for the company.
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