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. 

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

Walgreens cuts 628 jobs and closes distribution facility, alarming private equity watchdog

Sycamore Partners took over the struggling retail pharmacy chain roughly six months ago, and the Private Equity Stakeholder Project fears early staffing cuts and store closures could spell trouble for the long-term health of the newly restructured business.

Conformal Medical CLAAS

Gore completes acquisition of medtech company behind next-gen heart device

Gore has officially acquired Conformal Medical, the company known for an investigational LAAO device that uses a proprietary foam implant. The transaction was first announced in January.

Federal Trade Comission FTC Sign logo

Federal court strikes down FTC mergers and acquisitions reporting rule

A U.S. District Court in Texas ruled that the agency overstepped its regulatory authority in passing the 2024 Biden-era reporting requirement, which would require stakeholders to spend more than 100 hours filling out a long form to give the agency more oversight of transactions. 

Hologic clears key hurdles in proposed $18B sale to private equity

Both company shareholders and Chinese regulators have approved the sale, with TPG and Blackstone anticipating they'll take the reins by April. 

Cloud service icon with options and devices

RadNet pays $33M to acquire cloud-based imaging solutions provider

The Los Angeles company previously announced it was acquiring Cimar UK in November, with a new SEC filing revealing further details about the purchase agreement. 

artificial intelligence money finance acquisition

Medtronic to acquire AI-enabled FFR specialists CathWorks for up to $585M

Medtronic has held a minority investment in CathWorks for several years, and the two organizations entered into a co-promotion agreement in 2022. Once finalized, the move will increase Medtronic's presence in the cath lab. 

Northwest Radiology

RadNet enters Midwest, acquiring 6 outpatient imaging centers from 60-year-old private practice

The Los Angeles company has reached a deal to buy freestanding centers operated by Indianapolis-based Northwest Radiology, adding $18 million in new annual revenue. 

Evansville Indiana

Indiana imaging group joins Strategic Radiology’s independent practice coalition

Evansville Radiology employs 23 physicians, all of whom live around Vanderburgh County in the vicinity of Indiana’s third largest city.