KNOXVILLE, Tenn. and NORTH HOLLYWOOD, Calif. — Team Health Holdings Inc. (NYSE: TMH), a provider of outsourced physician staffing solutions for hospitals, will acquire IPC Healthcare Inc. (Nasdaq: IPCM), a post-acute provider, in an all-cash transaction totaling approximately $1.6 billion. The boards of directors of both companies have approved the transaction.
Skilled Nursing
SYRACUSE, N.Y. — Red Capital Partners, the proprietary debt and equity banking arm of lender Red Capital Group, has provided a $36.5 million loan to Investment360 for the acquisition of James Square Health and Rehabilitation Centre, a skilled nursing facility in Syracuse.