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. 

Avestēe Women's Imaging Centers

Private equity-backed Solis Mammography enters new market, acquiring 6 imaging centers

Radiologist Suzanne Dabbous, MD, founded Avestēe Women's Imaging Centers in 2013, expanding the business across San Antonio, Texas.

Walgreens in talks for private equity buyout, sources say

The struggling pharmacy chain is reportedly in talks for a sale to Sycamore Partners, a New York-based firm that specializes in consumer retail companies. 

Strategic Radiology

Grand Traverse Radiologists joins Strategic Radiology’s growing private practice coalition

This marks SR’s third member in the Great Lakes State, joining Advanced Radiology Services and Huron Valley Radiology, and 42nd overall. 

Novartis

Siemens Healthineers finalizes $223M purchase of Novartis’ imaging unit

The Erlangen, Germany-based manufacturer believes the addition will complement its network of 47 PET radiopharmacies concentrated in the U.S., adding over a dozen new sites. 
 

mergers and acquisitions M&A puzzle

GE HealthCare acquires full stake in radiopharma firm that generated $183M last year

Tokyo-based Nihon Medi-Physics' portfolio includes nuclear imaging agents delivered across oncology, neurology and cardiology. 

merger acquisition M&A business

RadNet has spent over $54M on acquisitions so far in 2024

Most recently, the Los Angeles-based radiology provider acquired artificial intelligence firm Kheiron Medical Technologies for $1 million. 

merger acquisition handshake deal business agreement partnership

Cardinal Health scoops up two companies for $3.9B

Cardinal Health is buying Advanced Diabetes Supply Group and a majority stake in GI Alliance, expanding its broad patient services portfolio. 

UnitedHealthcare UHC UnitedHealth

UnitedHealth defends $3.3B Amedisys acquisition

UnitedHealth subsidiary Optum is turning to the court of public opinion to defend the merger.