The voting members of the AAMC (Association of American Medical Colleges) and the AAHC (Association of Academic Health Centers) have approved a merger of their two organizations as of April 1, 2022. Under the terms of the agreement, the AAHC will become part of the AAMC. The leaders of both organizations expressed enthusiasm about the merger, which was overwhelmingly approved by both organizations. The AAMC’s voting members comprise the 153 non-profit schools of medicine; the AAHC’s voting members are their domestic institutional members. The merger also includes the AAHC’s Sullivan Alliance, which aims to strengthen the capacity and quality of the nation’s health workforce by increasing diversity in every area of health care and across all aspects of academic health centers.
Although stable during the first year of the pandemic, physician rates of burnout increased in 2021, with a sharp rise among physicians in emergency medicine. The Medscape Physician Burnout & Depression Report 2022: Stress, Anxiety and Anger found a five-percentage point increase in burnout overall, from 42% in 2020 to 47% in 2021, with an increase in ER physician burnout from 43% to 60% last year. Most physicians said that burnout permeates most aspects of their lives, with 54% indicating that the impact was strong to severe, including with their relationships.
Gale Healthcare Solutions, a leading technology-enabled healthcare services and payments platform that provides per diem, contract, and travel temporary staffing services in post-acute and acute healthcare settings, along with daily pay for healthcare staff, today announced a $60 million growth equity investment. The investment comes from FTV Capital, a sector-focused growth equity investment firm. Gale Healthcare will use the funding to continue its rapid expansion in the $24.7 billion healthcare temporary staffing market and make further investments in its industry-leading technology and payments platform.
P2P Staffing Corp. announced Thursday it received a majority investment from A&M Capital Partners. P2P’s staffing brands are TekPartners, a provider of IT staffing, and MPLT Healthcare, a provider of locum tenens and physician and advanced practice direct-hire staffing. Co-founders of P2P, along with its senior leadership team, will invest alongside A&M Capital Partners. P2P was founded in 2002 and is based in Boca Raton, Florida. It has six offices in Florida, North Carolina and Wisconsin.
RecruitWell, LLC, a national permanent staffing agency focused on healthcare staffing for physicians and advanced practice providers, signed a definitive merger agreement with US Locums, LLC, a national locum staffing agency also focused on physicians and advanced practice providers. The partnership between these two healthcare staffing firms will combine RecruitWell’s strong recruitment and business development team with US Locums recruiting and top tier locum operations team.
PerfectServe®, a leading provider of cloud-based clinical collaboration and provider scheduling solutions, today announced the acquisition of AnesthesiaGo, purveyor of the healthcare industry’s only intelligent case scheduling platform for anesthesiology staff. AnesthesiaGo is the only solution on the market that auto-generates daily OR case scheduling for the anesthesia team using a rules-based algorithm. Through deep integration with PerfectServe’s Provider Scheduling powered by Lightning Bolt and EHRs, AnesthesiaGo promotes efficiency and transparency for all surgical staff, improves OR resource utilization, and helps prevent cases being delayed or canceled because of errors associated with manual scheduling processes.
LJC Investments V, LLC, an investment vehicle controlled by Littlejohn Capital, LLC (“Littlejohn Capital”), today announced the acquisition of Alto Healthcare Staffing (“Alto”), a diversified healthcare staffing firm. Alto was established in 2003 in line with the personal values and mission of Founder and RN Leslie Kahn. Alto’s three key business lines include providing clinical temporary staffing primarily for nursing homes and long-term care facilities on a per diem or short-term contract basis; travel nurses primarily to hospitals; and medical assistants to doctors’ offices.
Housatonic Partners, a growth-oriented private equity firm focused on investing in market-leading services companies, announced a strategic growth investment in Mobile Vascular Physicians (“MVP”), a New York-based concierge medical practice that utilizes a specialized, mobile approach to provide vascular and interventional radiology services to residents of long-term care (“LTC”) facilities. MVP’s medical treatments focus on lower extremity venous and arterial disease. Founded in 2018, MVP provides onsite consultations, ultrasounds, and other preventive vascular services within LTC facilities, maximizing patient convenience and clinical outcomes.
Favorite Healthcare Staffing announces that Acacium Group, Europe’s leading healthcare solutions provider, has completed the acquisition of the company for an undisclosed amount. Founded in 1981, Favorite is one of the pioneers in the US healthcare staffing market. Headquartered in Overland Park, Kansas, Favorite operates nationwide with 27 branch offices that offer their clients a unique community-based approach with the resources of a large national partner. Favorite provides a comprehensive range of workforce solutions including local per diem and travel staffing options for nursing and allied health professionals, as well as permanent placement, float pool management, and VMS and MSP programs.
The 100 Most Influential People in Healthcare awards & recognition program honors individuals in healthcare who are deemed by their peers and the senior editors of Modern Healthcare to be the most influential individuals in the industry, in terms of leadership and impact.
What We Do
Who We Are
How We Work
Who We Help
Get In Touch
Connect With Us
Subscribe to Our Daily Note
We publish a Daily Note that aggregates M&A activity, notable developments, regulatory changes, and conferences we deem to be of interest to our partners. It is a quick afternoon read and an easy way to keep your finger on the pulse of the healthcare space. Please fill in your name and email address below if you wish to subscribe.