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. 

merger acquisition M&A business

Premier Radiology Services acquires rival teleradiology group NRad

Backed by private equity investors at Grovecourt Capital Partners, the Florida firm is buying National Radiology Solutions for an undisclosed sum.

mergers and acquisitions handshake deal business

Private equity firm sells ownership stake in Solis Mammography

New York-based PE firm Towerbrook Capital has bought a controlling stake in the imaging group, with Madison Dearborn Capital the seller. 

Intermountain Nevada children's hospital

Hospital giant Intermountain Health closes acquisition of Las Vegas radiology practice

The Salt Lake City-based nonprofit is buying Steinberg Diagnostic Medical Imaging for an undisclosed sum, with the integration to be introduced in phases over the coming year.

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.