Riverside Co. buys St. Paul software maker CareFacts Information Systems
Private equity firm Riverside Co. has acquired CareFacts Information Systems, based in St. Paul, Minnesota, for an undisclosed amount.
Private equity firm Riverside buys Indiana orthodontics supplier
Leveraged buyout company The Riverside Co. has purchased an Indiana-based maker of orthodontics equipment. Riverside has made 48 healthcare acquisitions since its founding in 1988, but the G&H deal marks its first foray into orthodontia.
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Riverside-owned company buys emergency care app developer
An emergency response training company owned by Cleveland private equity firm The Riverside Co. has purchased a developer of smartphone applications about emergency care.
Healthcare private equity looking up, industry insiders say
2010 may not be the perfect year for private equity investing in healthcare, but it sure beats 2009. That was the consensus among four industry panelists at a Tuesday evening forum sponsored by BioEnterprise, the Cleveland nonprofit economic development group that focuses on growing the region's biomedical industry.
Cleveland LBO firm Riverside Co. buys Spanish cord blood bank
Cleveland, Ohio leveraged buyout firm Riverside Co. has acquired private cord blood bank Celvitae Biomedica S.A. in Madrid, Spain for undisclosed terms. Celvitae is one of two cord blood banks licensed in Spain and authorized to work in the public health system, Riverside said in a release. It also has major commercial agreements with some […]
GemCity acquires Pennsylvania medical manufacturer
GemCity Engineering & Manufacturing has acquired a Pennsylvania-based contract manufacturer of medical implants for an unspecified amount. The financing for the acquisition of Vistek Medical comes from Riverside Partners, a Boston-based private equity firm that is GemCity’s majority shareholder, according to a statement from the companies. “After evaluating a number of potential acquisitions, we found […]
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A Personalized Approach to Medication Nonadherence
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
Night Read (Ohio): Strong sales hint that hospitals are buying equipment again
Strong fourth-quarter sales for surgical-robot maker Intuitive Surgical Inc. and sales improvements for General Electric Co.'s Healthcare unit on Friday suggest U.S. hospitals may be ready to spend again on expensive capital equipment.
MedWish International trailer of medical supplies heading to Haiti — MedCity Evening Read, Jan. 13, 2010
On Thursday, MedWish International will send a fifty-three foot trailer full of 26 pallets of medical supplies to help in initial recovery efforts from the earthquake near Port-au-Prince, Haiti.
Ohio Third Frontier attracted $3.2 billion in private investment in seven years — MedCity Evening Read, Dec. 10, 2009
The Ohio Third Frontier program has attracted $3.2 billion in private investment since it began seven years ago, according to a recent report by the Ohio Business Roundtable. The Roundtable is one of the leading proponents of renewing Ohio Third Frontier through a May 2010 ballot initiative.
2 new health-focused VC funds on the horizon
VentureWire is reporting that Harry Edelson, founder of Edelson Technology Partners, is raising money for a $200 million health-care focused fund. Meanwhile, Private Equity Hub reports that Riverside Partners is approaching its first close on its fourth fund, which had a target of $250 million.
Maximize Revenue and Patient Care with Strategic Weight Loss Management
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
Association of Corporate Growth honors Morgenthaler founder, 2 Cleveland health firms
The Association for Corporate Growth Cleveland will give both of its corporate Deal Maker Awards to health care companies this evening. The local association chapter for middle-market merger and acquisition, and corporate growth professionals also will honor David Morgenthaler with a Deal Maker award for lifetime achievement.