Mergers & Acquisitions

The healthcare industry sees a lot of consolidation between both vendors and healthcare providers this channel tracks mergers and acquisitions between large healthcare systems, community hospitals, private practices, vendors and private equity investors. Health systems have been growing in size substantially in the past decade with mergers with smaller healthcare systems and hospitals. This is largely due to the need to be more efficient amid lower reimbursements and rising costs by building an economy of scale in a larger health system. On the vendor side, mergers have become a common way to reduce research and development costs by purchasing intellectual rights for new technologies, or to purchased companies with new technologies that already have regulatory market clearance. 

business handshake

Boston Scientific to acquire Penumbra for $14.5B

This is a cash and stock transaction that values Penumbra at $374 per share. The move helps Boston Scientific expand its vascular and neurovascular portfolios, gaining new treatments for pulmonary embolism, stroke, deep vein thrombosis and many other critical cardiovascular conditions. 

Women's Center for Radiology

Solis Mammography expands into Orlando, acquiring private practice and its 2 imaging centers

The Women's Center for Radiology employs five radiologists and has served central Florida for over 36 years. 

Strategic Radiology

Strategic Radiology expands into Wisconsin, adding 60-year-old private practice

Founded in 1969, Radiology Chartered employs 15 physicians, handling over 400,000 procedures per year and serving the Emplify Health hospital system. 

merger acquisition M&A business

Haemonetics acquires Irish medtech company focused on vessel closure for up to $215M

The device at the heart of this transaction is the PerQseal Elite system, a fully bioabsorbable patch for percutaneous vessel closure. The technology has already gained key approvals in Europe. 

Bayer

Bayer expands into molecular imaging with 2 acquisitions

The company has reached a deal to purchase two investigational imaging agents from Attralus Inc., a Naples, Florida-based biopharmaceutical firm.

merger acquisition M&A business

Radiology Partners sells 2 imaging centers to New Jersey private practice

RP is selling outposts in the communities of Hamilton Township and Lawrenceville, both near the Garden State’s capital city of Trenton, to Princeton Radiology. 

carestream

Carestream sells off international business lines to improve balance sheet

Under terms of the deal, Carestream is unloading its international operations to Midea Group, a Chinese electrical appliance manufacturer. 

Phoenix Arizona Downtown

Private equity-backed cardiology group expands its roster

Florida-based Cardiovascular Associates of America, one of the largest private equity-backed cardiology management groups in the United States, just got a little bigger.