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February 2, 2015updated 12 Nov 2021 9:26am

January’s top stories: HealthSouth’s $750m deal, UF’s $415m hospital project

US-based inpatient rehabilitation hospitals operator HealthSouth completed the acquisition of EHHI Holdings for $750m.

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Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
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HealthSouth acquires Encompass for $750m

US-based inpatient rehabilitation hospitals operator HealthSouth completed the acquisition of EHHI Holdings for $750m.

EHHI Holdings owns Encompass Home Health and Hospice. Established in 1998, Encompass provides medicare focused home health services in the US.

It was previously owned by a group led by healthcare-focused private inIndia-based Apollo Health and Lifestyle (AHLL), a wholly-ownedvestment firm Cressey & Company.

University of Florida Health breaks ground on $415m hospital project

university of florida

US-based University of Florida (UF) Health broke ground for the UF Health Heart & Vascular Hospital and the UF Health Neuromedicine Hospital, a $415m project to provide services for patients with heart, vascular and neurological illnesses.

The UF Health & Vascular Hospital is being developed to focus on patients with heart and vascular needs, while UF Health Neuromedicine Hospital will provide services to patients with neurologic needs.

UF Health Shands interim CEO Ed Jimenez said: “Thanks to the excellent work and dedication of our teams over the past decade, UF Health Shands has become a destination centre for patients needing complex heart, vascular and neurological services.

Bondfield Construction secures $301m hospital expansion contract in Canada

Canada-based Infrastructure Ontario (IO) and St Michael’s Hospital selected Bondfield Construction to design, construct and finance the hospital’s expansion and renovation project.

Bondfield will design, build and finance the expansion and redevelopment project in Ontario for $301m, which will be paid out at substantial completion.

Ontario health and long-term care minister Dr Eric Hoskins said: “The expansion of St Michael’s Hospital is an important initiative, allowing the hospital to better manage high patient volumes in such a densely populated community of Ontario.”

Kindred Healthcare completes acquisition of Centerre for $195m

US-based healthcare services company Kindred Healthcare completed the acquisition of Centerre Healthcare for $195m.

In collaboration with leading acute care hospital systems through joint ventures, Centerre currently operates 11 inpatient rehabilitation hospitals with 612 beds.

Centerre is also constructing two additional facilities with a total of 90 beds, which are expected to open in 2015.

Skanska receives $120m contract to build new medical centre in US

Skanska received a contract worth $120m from NYU Langone Medical Centre to construct a new medical centre in New York, US.

As part of the deal, Skanska will construct a 15,000ft² five-story ambulatory care centre. It will include an emergency department, surgical and imaging suites, a pharmacy and physician office space.

Pre-construction services of the project have commenced and it is expected to be completed in October 2017.

Apollo acquires Nova Specialty Hospitals in India

apollo nova

India-based Apollo Health and Lifestyle (AHLL), a wholly-owned subsidiary of Apollo Hospitals Group, acquired Nova Specialty Hospitals for INR145m ($24m).

Apollo intends to expand its presence in the country. Nova’s existing facilities will be transformed into new centres that will be run by Apollo.

Apollo Hospital Enterprises joint managing director Sangita Reddy said: “AHLL is currently present in the secondary care segment through the day surgery and cradle formats.

“Given the immense potential and the need for quality healthcare delivery closer to the home, this acquisition will enable AHLL to significantly expand its footprint and will catapult it into a leadership position in this segment of healthcare.”

The Woman’s Hospital of Texas opens new paediatric centre in Houston, US

woman's hospital

US-based The Woman’s Hospital of Texas opened a new paediatric centre, which provides inpatient and intensive care services for children up to the age of 17.

Located in Houston, the hospital’s new unit comprises space of 24,000ft², including a six-bed emergency department, 18-bed medical and surgical inpatient unit and 14-bed paediatric intensive care unit.

The new centre will offer an array of paediatric services, comprising emergency medicine, paediatric surgery and critical care services.

In addition, the unit will offer a wide range of paediatric specialties for consultation and treatment. The unit comprises cardiology, ear, nose and throat (ENT) surgery, urology and others.

Houston Methodist opens new patient care unit in US

US-based Houston Methodist Willowbrook Hospital opened a new patient care unit, in a bid to expand services in north-west Houston.

Opened in the hospital’s North Pavilion with 36 beds, the new unit features open nursing stations, which allow patient rooms to be visible at all times.

Houston Methodist Willowbrook Hospital CEO Beryl Ramsey said: “We are proud to open this advanced patient care unit and expand our services to meet the needs of our growing community and growing patient population.

“In planning for this expansion, we brought together patients, families, hospital staff and physicians to provide input and help us create a healing environment focused on patient safety and quality.”

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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