Rural Healthcare Group (Kinderhook) Acquires Steward Medical Group and Steward Health Care Network

Revere Medical to Acquire CareMax's Medicare MSSP MSO

November 18, 2024

Healthcare Services

Revere Medical, a Kinderhook-backed employed medical group, has agreed to acquire the Medicare Shared Savings Program portion of CareMax's Management Services Organization (MSO), which supports care for approximately 80,000 Medicare beneficiaries. The transaction, part of CareMax's prearranged Chapter 11 process and subject to court and regulatory approvals, is expected to close in Q1 2025 and will expand Revere Medical's value‑based care capabilities.

Rural Healthcare Group Acquires Four Primary Care Clinics in Northern Middle Tennessee

November 16, 2022

Healthcare Services

Rural Healthcare Group (RHG), a Nashville-based rural primary care platform backed by Kinderhook Industries, acquired four primary care clinics located in Pleasant View, Springfield, Greenbrier, and White House, Tennessee. The acquisition is a follow-on add-on to RHG's platform as it expands its footprint in Northern Middle Tennessee and increases its clinic count to eight, with planned investments in technology and service expansion.

MHH Healthcare (Kinderhook) Acquires Medical Card System, Inc.

January 4, 2022

Healthcare Services

MHH Healthcare, a platform formed by Kinderhook Industries, has closed its acquisition of Medical Card System, Inc. (MCS), a San Juan, Puerto Rico-based healthcare services organization that manages Medicare Advantage and commercial plans covering approximately 400,000 insured. The transaction (announced June 2021 and closed January 4, 2022) will keep MCS management in place and is intended to provide additional resources to invest in service improvements, technology and growth as MHH Healthcare expands its health-plan platform.

Lawrence General Hospital Acquires Holy Family Hospital Assets from Steward Health Care

October 8, 2024

Healthcare Services

Lawrence General Hospital, together with a newly formed not-for-profit, acquired the assets and operations of Holy Family Hospital's Methuen and Haverhill campuses from Steward Health Care System. The Bankruptcy Court‑approved transaction closed on October 1, 2024 for $28 million and transferred more than 1,300 employees to the new ownership as part of creating a regional health care system in the Merrimack Valley.

Creach Family Holdings Acquires HealthRev Partners

December 4, 2024

Healthcare Services

Creach Family Holdings, a privately held family investment firm, has acquired HealthRev Partners, a technology-enabled revenue cycle management (RCM) provider serving the home health and hospice market. The acquisition will integrate HealthRev's RCM capabilities with Creach's portfolio EMR platform Careficient to offer a combined suite of clinical and billing solutions for home health and hospice providers.

Henry Schein Acquires Regional Health Care Group

May 7, 2023

Healthcare Services

Henry Schein, Inc. acquired Regional Health Care Group Pty Ltd (RHCG), a Sydney‑headquartered medical products distributor serving Australia and New Zealand, from owners Maurie and Bernard Stang. RHCG had trailing‑12‑month sales of approximately $42 million; the deal expands Henry Schein's ANZ footprint from dental into medical products and is expected to be EPS‑neutral in 2023 excluding amortization and accretive thereafter.