Mental Health Partnership LLC has raised $5 million to drive outpatient mental health care growth strategy. Scott Farber, CEO and founder of Mental Health Partnership, told Behavioral Health Business that the Ames, Iowa-based organization wants to invest in technology, M&A, de novo expansion and adding more profitable services to individual practices. And Mental Health Partnership […]
UK study: Hospital mergers lead to more patient deaths and more readmissions
The last few decades have seen the growing concentration of hospitals and other healthcare facilities in the United States. In 2005, about half of US hospitals were part of a larger system. In 2017, two-thirds were. Most places in the US have what is considered to be a highly concentrated hospital market, which means that […]
Spanx CEO gives employees $10,000 and first class airfare after Blackstone deal
Spanx sure knows how to say thank you. After private equity firm Blackstone Inc. BX, +5.53% announced last week that it was buying a majority stake in Spanx, the shapewear brand’s CEO and founder Sara Blakely will share the wealth with her employees. Blakely, 50, announced in an Instagram video that she had bought two […]
After rising last year, hospital mergers and acquisitions will likely continue to grow in 2023
Dive summary: There were more hospital and healthcare deal deals last year than there were in 2021, a record year for mergers and acquisitions, according to consulting group Kaufman Hall’s annual analysis of healthcare mergers and acquisitions. Still, with 53 total deals in 2022, M&A continued to lose trading volume before the pandemic, when 92 […]
4 Organizations Expanding the Reach of Home Healthcare Through Mergers & Acquisitions and Partnerships
The demand for home care makes the market busy. Home health organizations worked to increase their reach and resources this year to accommodate the growing elderly population. Mergers and acquisitions (M&A) in 2022 helped organizations extend their services to more people, and some hospitals even started adding home health to their service lines. Here are […]