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Shakeups & Breakups
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Levine Leichtman Preps Sale of Monte Nido
The planned sale comes on the heels of recent high-profile trades in the growing behavioral healthcare industry.
Kingsbrook Jewish Medical Center Staff ‘Blindsided’ by Planned Closure of Psych Unit in Brooklyn Facility
The CEO of One Brooklyn Health, which oversees Kingsbrook, said in addition to the clinical staffing challenges, utilization of the psychiatric inpatient beds has markedly declined.
Court Square Starts Sale Process for Medical Knowledge Group
Medical Knowledge Group educates doctors on the efficacy of drug therapies and rare disease states.
Florida Hospital to End Newborn Services
Fewer births and an aging population were cited as reasons for the closing.
SSM Health Ends Talks to Sell St. Mary’s Hospital in MO to Quorum Health
The parties mutually agreed to end discussions, according to a letter SSM Health COO Steve Smoot sent to board members.
Revelstoke Completes Exit of Carrus
Denver-based PE firm Revelstoke Capital Partners announced that it has exited its investment in Carrus through the company's combination with Penn Foster.
Apervita Ceases Operations
As an analytics startup, Apervita had struck up partnerships with major health systems including the Cleveland Clinic and Mayo.
Georgia’s St. Francis-Emory Healthcare to Discontinue Gynecologic-Oncology Services
St. Francis-Emory will focus on core women’s health services including OB/GYN, Labor & Delivery, Mammography and Breast Surgery.
CarePoint Health Transitioning to Non-Profit
CarePoint Health employs over 3,000 people in Hudson County and provides acute care to a majority of Jersey City's population.
WindRose Health Investors Completes Sale of Vital Decisions to Evolent Health
Founded in 2006 and headquartered in Edison, New Jersey, Vital Decisions is a provider of technology-enabled advance care-planning services.