H.I.G. Capital has announced a significant growth investment in Carebox.
Carebox, founded in 2014 and based in Raleigh, North Carolina, is a software platform that connects patients, families and physicians with treatment options only available in clinical trials.
H.I.G. Capital, based in Miami, pursues a wide range of investments in healthcare and many…
McGuireWoods partner and host Geoff Cockrell talks to Steve DeLong, founder and co-CEO of Bluetree Dental, about growing a dental service organization (DSO) in a competitive healthcare landscape.
Bluetree, which has expanded to more than 40 offices across six states since its inception in 2012, represents a successful model of combining de…
McGuireWoods’ Oct. 30 webinar covered recent regulatory and litigation developments facing the product manufacturing, food and beverage, and retail industries.
For more details, visit our website event page.
Ampersand Capital Partners and GHO Capital Partners will acquire Avid Bioservices for approximately $1.1 billion, according to a news release.
Avid (NASDAQ: CDMO), formed in 2002 and based in Orange County, California, is a biologics contract development and manufacturing organization (CDMO) that provides services to biotechnology and pharmaceutical companies.
Ampersand, based in Wellesley,…
On September 24, 2024, the Department of Health and Human Services Office of Inspector General (“OIG”) published a report (the “Report), reviewing and recommending increased oversight of remote patient monitoring (“RPM”) services and billing in the Medicare program. In the Report, OIG focused on three main issues: (1) Patients and providers are not using RPM as intended; (2) RPM presents an increased risk of fraud and abuse; and (3) there is a lack of information and transparency related to enrollees’ use of RPM. Read on for additional background with regards to the growing use of RPM by Medicare providers, these three OIG findings, additional recommendations, and how regulators may respond.
Vance Street Capital has announced an investment in Prince Sterilization Services.
Prince, based in Fairfield Township, New Jersey, is a sterilization services provider primarily focused on the pharmaceutical, biotechnology, compounding pharmacy and medical device sectors.
Vance Street, based in Los Angeles, is a middle market private equity firm that invests in several sectors,…
In this installment of McGuireWoods’ Corner Series podcast, partner and host Geoff Cockrell observes that seller anxiety about the potential for broken deals appears high right now. A surprising number of deals, he says, are less likely to “go out into a wider market process.”
Guest Reed Van Gorden of Deerpath Capital sees the…
Georgia Oak Partners has announced an investment in T Management.
T Management, founded in 2005 and based in Atlanta, is a dental support organization in the Southeast.
Georgia Oak, founded in 2011 and based in Atlanta, is a private equity firm that invests in founder- and family-owned companies in Georgia and the broader…
O’Dell v. Berkshire Bank, 5:24-cv-00652 (N.D.N.Y.)
On October 31, 2024, the Northern District of New York dismissed a putative class action against Berkshire Bank (“Berkshire”) with prejudice.[1]
I. Facts
O’Dell involved the standard story of a Ponzi class action against a bank, in which investors lost money through a Ponzi scheme—perpetrated by a…
Francisco Partners (FP) has announced it will AdvancedMD from Global Payments.
AdvancedMD, founded in 1999 and based in South Jordan, Utah, is a cloud-based provider of medical office software.
FP, founded in 1999 and based in San Francisco, is a private equity firm that specializes in investments in technology and technology-enabled businesses.
