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Announced

Completed

Webster Equity-backed Medrina completed the acquisition of Radial Health.

Synopsis

Webster Equity-backed Medrina, a physiatry services provider, completed the acquisition of Radial Health, a physiatry practice. Financial terms were not disclosed. "I have known members of Radial's physician leadership team for over a decade and there's certainly a lot of excitement to get this deal done by both groups. I've always said the sum of our parts on any deal is always greater than the individual entities involved, and that holds true here as well. While Radial has a significant presence in two of Medrina's largest geographic markets, FL and IL, they actually have their strongest relationships in acute inpatient rehab units as well as long term acute care hospitals, which complements Medrina's traditional strength in the post-acute space. Being in the same geographic areas but concentrating on different parts of the continuum should help Medrina connect more dots in the ever-evolving world of healthcare," Amish Patel, Medrina CEO.

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