Daily update: Sparta wins distribution deal, Heartland Women’s Healthcare acquired, Quest Diagnostics closes on purchase of Boyce and Bynum in the news, and more…

It’s March 1 and that means one thing… it’s trout season and the start of banishing winter in favor of spring… even as most of us await another blast of winter and would could be up to seven inches of new snow this weekend. Anyway, happy Friday.

Hemp beer maker taps Sparta Distributors for Missouri distribution

Sipp Industries Inc. of Costa Mesa, California, (OTC: SIPC), which specializing in technology, manufacturing and distribution of commercial and consumer products, has signed a deal with Kansas City-based Sparta Distributing for the distribution of beer brand Major Hemp HIPA in Missouri.

Sipp claims to be one of the first publicly traded hemp-infused beer companies in America.

Sparta serves the largest population centers in Missouri, including the Kansas City metropolitan area, St. Louis and Springfield, as well as Columbia.

This is the second Midwestern state Sipp is entering. Sipp said it successfully sampled Major Hemp HIPA throughout Missouri before making the deal with Sparta. “Missouri is a state with a long tradition of possessing a great appreciation for craft beer,” Sipp officials said in a statement. “It is the home of Anheuser-Busch, who created and then developed Budweiser into the first national beer brand in America. Whenever a novel craft brew enters the confines of Missouri, its citizens display a tendency to gravitate towards it.”

Heartland Women’s Healthcare bought by Advantia Health

Advantia Health, based in Rosslyn, Virginia, acquired Heartland Women’s Healthcare, an OB-GYN practice with 25 locations across Missouri and southern Illinois.

Terms of the deal weren’t disclosed.

The deal is Advantia’s first expansion outside the mid-Atlantic region and will add 180,000 patients, 50 doctors, nurses and midwifes to Advantia.

Dr. Michael Schifano is founder and managing partner of Heartland Women’s Healthcare.

Sean Glass is founder and CEO of Advantia Health. Dr. Lisa Shah is Advantia’s chief medical officer. She was named to the position in February and comes from Sound Physicians where she most recently served as Chief Innovation Officer and led the development and implementation of a telemedicine virtual care model.

The Heartland acquisition expands the number of Advantia providers to about 200 in Illinois, Maryland, Missouri and Virginia.

“We share the same vision for the future of women’s healthcare and this new partnership will allow us to continue to grow into the communities in need of a strong option for convenient, coordinated and quality care,” Schifano said. Heartland will open a new 8,000-square-foot obstetrics and gynecology medical building in Wentzville, Missouri, this spring. It will provide 10 new jobs, 14 examination rooms, an ultrasound theater, lab and two procedure rooms. Heartland is also adding a 16,000-square-foot medical building in Shiloh, Illinois, this spring.

Boyce & Bynum Pathology Laboratories completes sale of lab business to Quest Diagnostics

Boyce and Bynum Pathology Professional Services Inc. is now the exclusive pathology provider for Quest Diagnostics clients in Missouri.

Boyce and Bynum, based in Columbia, Missouri, announced a deal in November to sell its lab business to Quest. Terms of the deal, which closed Feb. 11, weren’t disclosed.

The anatomic pathology division, long-term care division and Boyce & Bynum Pathology Professional Services Inc. weren’t included in the deal.

Michael Curry is medical director, president and CEO of Boyce & Bynum Pathology Laboratories.

In December, Boyce and Bynum said it would lay off 177 employees by the end of April as a result of the sale to Quest.

Quest Diagnostics (NYSE: DGX) is one of the world’s largest provider of diagnostic information services. It reported a profit of $733 million on revenue of $7.53 billion for 2018.

Boyce & Bynum was founded in Columbia in 1965 and has 15 locations — 13 in Missouri, one in Kansas and one in Oklahoma.


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