Dedicated Nursing Associates Inc., or DNA, acquired Vital Medical Staffing, a per diem nurse staffing firm based in Charlotte, North Carolina, that provides 400 healthcare professionals to more than 130 facilities in North Carolina. The deal closed June 11. DNA will now employ more than 10,000 caregivers to its more than 6,500 clients throughout the United States. DNA currently has eight offices that service all 50 states, providing travel nursing, per diem, home care, hospice care and MSP workforce solutions.
Aequor Technologies, LLC, a Life Sciences Strategic Staffing and Consulting company, today announced the acquisition of HirelifeScience.com to expand its growth in the Life Science Industry space. HireLifeScience.com is a niche career network focused on the Life Sciences industry only. The platform allows Life Science employers to post their essential jobs to which candidates can apply. This partnership will help Aequor and its clients in Life Sciences to have more visibility and access to high-caliber talent.
Health Union, the leader in building online health solutions for people living with chronic conditions, today announced that it has acquired WEGO Health, the world’s largest network of patient leaders – advocates, community leaders, creators and influencers. Combining Health Union’s targeted scale and depth in the condition experience with WEGO Health’s breadth of patient leaders in nearly all health conditions, Health Union aims to change the face of social health, connecting people in meaningful and innovative ways.
The CEOs of 178 health care companies collectively made $3.2 billion during the coronavirus pandemic, which was 31% more than 2019, according to an Axios analysis of financial filings. Health care executives took home more than ever because a vast majority of their pay still comes in the form of stock. So while the coronavirus ravaged people’s lives, the health care system and the broader economy, the soaring stock market immunized executives’ pay.
According to new data published Friday by the AAMC (Association of American Medical Colleges), the United States could see an estimated shortage of between 37,800 and 124,000 physicians by 2034, including shortfalls in both primary and specialty care. Demographics — specifically, population growth and aging — continue to be the primary driver of increasing demand from 2019 to 2034. A large portion of the physician workforce is nearing traditional retirement age, and supply projections are sensitive to workforce decisions of older physicians.
TrueLearn, a leading platform in healthcare education that blends data analytics with cognition science to optimize learning outcomes for the medical community, has expanded its footprint and platform capabilities through the acquisition of Picmonic. A leading audiovisual learning platform, Picmonic has proven effective in helping learners master challenging concepts through the use of animated picture mnemonics. The acquisition will bring significant value to the healthcare community by providing learners and educators with access to the most effective learning platform in the industry.
Cross Country Healthcare, Inc., (NASDAQ: CCRN), a leading provider of advisory and workforce solutions, including contingent staffing, permanent placement, and other consultative services for healthcare clients, announced Tuesday the asset acquisition of Workforce Solutions Group, Inc. (WSG). Based in California, WSG primarily works with local and national healthcare plans and managed care providers to coordinate in-home care services for participants. WSG also provides a range of consulting and talent management solutions to its healthcare clients, including home care staffing, recruitment process outsourcing, contingent workforce evaluation, and talent acquisition.
Periscope Equity, a lower middle-market private equity firm focused on investments in technology-enabled service and software companies, announced today that it has added MAS Medical Staffing LLC (“MAS” or the “Company”) to its portfolio through a recapitalization in partnership with management. This is the first platform investment to be deployed from Periscope Equity II, L.P. Founded in 2002 and headquartered in Londonderry, New Hampshire, MAS has grown rapidly to become the leading tech-enabled medical staffing agency primarily serving long-term care (“LTC”) facilities in the Northeast region of the U.S.
VEP Healthcare Inc. (VEP) and US Acute Care Solutions (USACS), national physician-owned leaders in hospital-based physician services have merged, effective Tuesday. Together, the companies form the largest physician-owned provider of integrated acute care medicine and the third-largest provider of emergency medicine services in the U.S., serving more than seven million patients annually in approximately 300 hospital-based locations. VEP serves one million patients annually in eight states through more than 40 hospital partners.
Two private equity companies have acquired CHG Health Services. The current management of the Salt Lake City-based health care staffing services provider is keeping a larger stake in the company. Ares Management LLC and Leonard Green and Partners bought control of CHG from Boston-based private company J.W. Child Associates late last month, Leslie Snavely, CHG Vice President of Marketing said. Matthew Peterson, Vice President of the Utah Fund of Funds, which helped to bring Ares and CHG together said, “Ares paid “hundreds of millions dollars” for its stake. CHG Healthcare Services is the largest healthcare staffing companies.
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