Private equity-backed cardiology group acquires home care specialists

Cardiovascular Associates of America (CVAUSA), a private, Florida-based cardiology management group, has acquired Novolink Health, a care organization that treats high-risk patients from the comfort of their homes. Financial terms of the deal were not made public.

Novolink, formerly known as Duxlink Health, was founded in 2014. The company’s business model is to treat patients with chronic diseases at home, eliminating the need for them to travel for each appointment or treatment. According to a study presented virtually at ACC.21, Novolink’s telehospital approach for high-risk patients can reduce the risk of major cardiovascular events by up to 88% and limit readmissions by 77%.

“Our mission has always been to provide exceptional and personalized care to our patients,” said Dr. Michael Shen, president and chief medical officer of Novolink Health, in a statement. “Joining CVAUSA, one of the nation’s largest cardiology networks, allows us to leverage their extensive resources and reach on our journey to revolutionize healthcare. We are very excited to work closely with Tim and the CVAUSA family to bring our innovative model to more communities and improve the quality of care for all patients in the comfort of their own homes.”