Market News

Market News

TA Associates, GI Partners acquire stake in Netsmart

Netsmart completed a recapitalization with a strategic minority investment by private equity firm TA Associates, the company said. It also received an additional investment by GI Partners, an existing shareholder.

Wisconsin SNF receives financing

National Health Investors will finance the development of a 144-bed skilled nursing facility in Oak Creek, WI, near Milwaukee, for a commitment of $25.35 million, with a 9.5% initial yield, the firm said.

Heart and respiratory rate partnership announced

Hill-Rom and EarlySense have announced an integration of continuous contact-free heart rate and respiratory rate sensing and analytics technology into Hill-Rom’s Centrella® Smart+ bed platform.

ARKRAY renames LTC division

ARKRAY USA has renamed its Long-term Care Division as the Professional Healthcare Division.

Emergency planning product offered

Orion Labs, which has a voice-enabled platform for workforce communication, has had its system certified for use by first responders.

Curavi buys TripleCare

Curavi Health Inc. announced it has purchased telemedicine company TripleCare.

Hospice partnership announced

WellSky and Excel Health have announced an alliance to bring market intelligence to WellSky home health and hospice customers, the company said this week.

Linen partnership focuses on infection control

UMF Corporation, which develops textiles for infection prevention and commercial cleaning, has teamed with Logan’s Healthcare Linen Systems. UMF will offer PerfectCLEAN microfiber products, which includes reusable microfiber wipers, mops and accessories.
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