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Investments
1945 posts
Cottage Health Receives $65M Gift
The gift will create and name the Compton Center for Medical Excellence and Innovation, a new center bringing together clinicians, educators and research investigators to propel clinical and operational innovation -- advancing healthcare for patients and families.
August 25, 2023
California Offers Lifeline to 17 Hospitals, Including up to $52M for Madera
The program is offering an additional $240.5 million in no-interest loans to 16 other troubled hospitals, including Beverly Community Hospital in Montebello and Hazel Hawkins Memorial Hospital in Hollister, both of which filed for bankruptcy earlier this year.
August 25, 2023
Penn State Health, Mid Penn Bank Partner to Raise More Than $1M for Urology Dept.
The goal is to raise $1.1 million by 2026.
August 24, 2023
Nursa Lands $80M Series B
Drive Capital led the round and was joined by existing partners Pelion and Kickstart.
August 23, 2023
DxTx Pain and Spine Secures $50M PE Investment
BC Partners Credit made the investment.
August 23, 2023
Thyme Care’s B Round Nets $60M
Town Hall Ventures and Foresite Capital led the round and were joined by Andreessen Horowitz Bio + Health, AlleyCorp, Casdin Capital, and Frist Cressey Ventures.
August 23, 2023
Healthcare Software Firm Waystar Eyes $8B Valuation in US IPO
Waystar's owners, buyout firm EQT AB and Canada Pension Plan Investment Board, have hired Goldman Sachs Group Inc and JPMorgan Chase & Co to advise on the listing.
August 22, 2023
Texas Funding $11B for New Mental Health Hospitals
The funding is for 17 new hospital builds across Texas. It’s about a 30% increase in mental health funding.
August 22, 2023
ProMedica Seeks to Extend Covenant Suspension Amid $453M Debt and Delayed Sale
Toledo, Ohio-based ProMedica, which called off plans to build a new Michigan hospital after it reported a $39.8 million second-quarter operating loss, is now seeking further extensions to existing covenant suspensions.
August 22, 2023
U.S. Oral Surgery Management Secures $150M Credit Deal to Assist Dental Surgeons
It’s the second major credit expansion for the fast-growing firm in the last 12 months. In December, it received an additional $125 million from existing lenders.
August 21, 2023