Business Briefs

Oct 22, 2018 at 03:36 pm by Staff


Clover Health has expanded to Middle Tennessee. The healthcare company that uses data and technology in an effort to improve outcomes, recently announced a significant national expansion by offering Medicare Advantage health plans in Davidson, Rutherford and Williamson counties. The plans are available during the annual enrollment period through Dec. 7 and go into effect on Jan. 1, 2019. The company also announced Saint Thomas Health will be a full and active participant in the Clover provider network upon market entry.

Local investment bank Bailey Southwell & Co has launched an investment fund focused on healthcare services and technology companies.

Nashville's Healthcare Management Partners recently launched a joint venture with Modern Healthcare. Modern Healthcare Metrics, proprietary subscription service, is a data platform delivering insight into the financial and strategic position of healthcare facilities. HMP, a turnaround and consulting firm that specializes in helping healthcare organizations facing financial challenges, developed and honed the platform over a decade of practical application.

Lucro, a healthcare technology startup backed by HCA, Nashville Heritage Group and Martin Ventures, recently sold to Texas-based Valify, a healthcare cost containment company.

Brentwood-based QualDerm Partners, a company that creates market-leading dermatology practice partnerships through affiliations with physician-owned practices and de novo development, continues to expand their network. Recent announcements include the addition of Brentwood Dermatology, which was founded by Bill McDaniel, MD. Other additions include Dermatology of Southeastern Ohio and Zitelli & Brodland, PC, which marks QualDerm's first entry into Pennsylvania.

Nashville-based dental support organization Marquee Dental Partners recently acquired a ninth practice in Alabama, brining the total number of practices under the Marquee umbrella to 27 across the states of Alabama, Kentucky and Tennessee.

Home health and hospice giant Amedisys, which has executive offices in Nashville, has taken a minority stake in local predictive analytics company Medalogix.

PhyMed Healthcare Group, a physician-led and owned anesthesia and pain management service provider headquartered in Nashville, has acquired AAA Anesthesia Associates, a 37-physician anesthesia practice based in Allentown, Penn.

Nashville-based Montecito Medical Real Estate, the nation's top privately held buyer of medical office properties throughout the U.S., has had an active few weeks with several purchasing announcements include the acquisition of Retinal Consultants of Arizona and Retinal Research Institute medical office building in Phoenix, the medical office portfolio owned by Lancaster Neuroscience and Spine Associates in Pennsylvania and the medical office building of one of the largest primary care providers in Rhode Island.

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