Nexeon Closes $4.3 Million in Private Funding Round, Has Form 10 Deemed Effective

Nexeon MedSystems Inc., a biomedical manufacturing medical devices company, has closed a round of funding to expand manufacturing capacity, laying the groundwork for a commercial product launch. It also announced the U.S. Securities and Exchange Commission has “declared effective” Nexeon’s registration statement on Form 10. Full Story

Bain Capital Buys Epic Health Services, Dallas’ Rapidly Expanding Home Health Provider

Terms of the private purchase from Waltham, Mass.-based Webster Capital, which had owned Epic since 2010, were not disclosed. However, reports of Epic’s possible sale in April said the Dallas company, which provides home health care services to medically fragile children, could be valued as high as $1 billion. Full Story

Teladoc Misses Earnings Projections In Q3, But Boosts Revenue, Visits, Subscriptions

The telemedicine provider recorded $32.4 million in revenue for the quarter, an increase of 62 percent compared to the same period in 2015. As is standard with the company, the revenue was primarily made up of subscription access fees ($27.8 million, up from $17 million in 2015) and visit fees ($4.6 million, up from $3 million). Full Story

Epic Health Services Acquires Georgia Pediatric Care Company

Another day, another new service line for the aggressively growing Epic Health Services. The company on Thursday announced the acquisition of Pediatria Healthcare for Kids, a Georgia-based pediatric home healthcare company that offers skilled nursing and therapy services. It also offers those services beyond in the home, in a center-based outpatient setting. Epic previously had nothing like that before this acquisition. Full Story