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. 

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RadNet finalizes $103M acquisition of breast AI vendor iCAD amid legal opposition

ICAD shareholders filed suit against the transaction last month in New York, claiming financial estimates used in the deal are misleading. 

Southern Indiana Radiological Associates

Health system buys full ownership of imaging center jointly held by pioneering radiology group

IU Health has purchased 100% control of the radiology facility located on Landmark Avenue in the community of Bloomington. 

Lantheus

Lantheus set to close $750M acquisition of PET agent developer Life Molecular Imaging

LMI is the maker of Neuraceq, a globally approved F-18 positron emission tomography imaging agent used to detect beta-amyloid plaques in patients evaluated for Alzheimer’s. 

St. Louis Arch Missouri

Strategic Radiology enters Missouri, adding state’s largest private imaging group and its 100 physicians

Founded in 1969 and based in St. Louis, West County Radiological Group offers the full range of services including diagnostic and interventional radiology. 

Vintage neon drug sign at the Walgreens pharmacy on Canal Street in downtown New Orleans.

Walgreens shareholders approve $10B acquisition by private equity firm

Shareholders of the retail pharmacy giant voted in favor of the terms of the sale to Sycamore Partners for $11.45 a share. The deal is expected to close later this year. 

Samsung

Samsung buys Xealth to integrate consumer wearables and clinical data

Xealth’s data sharing platform will be used to make use of health information gathered from everyday devices like the Samsung Galaxy Smartwatch, the companies said.

mergers and acquisitions M&A consolidation puzzle business deal

Private equity-backed Premier Radiology Services acquires another rival telerad group

The Deerfield Beach, Florida-based company is adding MetisMD, “a highly regarded teleradiology provider with deep expertise in musculoskeletal imaging.” 

Anchorage Alaska

Strategic Radiology expands to 25th state with addition of Alaska Imaging

Based in Anchorage, the state’s largest community, the 25-year-old practice employs 20 board-certified radiologists delivering diagnostic and interventional services.