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. 

Steve MacMillan Hologic

Hologic closing $18B merger deal as CEO announces retirement

The Marlborough, Massachusetts-based breast imaging vendor expects its sale to TPG and Blackstone to officially close on April 7. 

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Pennsylvania private radiology practice exits ownership stake in hospital joint venture

Lancaster Radiology Associates and Penn Medicine had together owned both the MRI Group and PET Partnership, operating six centers in the Keystone State. 

merger acquisition M&A business

Private equity-backed teleradiology group continues to grow through acquisition

The Miami-area imaging outfit has reached a deal to buy Global Imaging Solutions, a “leading” teleradiology group that handles about 350,000 reads annually. 

mergers and acquisitions handshake deal business

Radiopharma firm secures $85M to expand domestic production of radioisotopes

SpectronRx announced the funding on April 2, highlighting the critical need for a reliable domestic supply of radiopharmaceuticals.

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Interventional radiology vendor Merit Medical to acquire rival for $140M

The Utah-based company plans to merge with View Point Medical, which manufactures the OneMark Detection Imaging System. 

mergers and acquisitions handshake deal business

GE HealthCare finalizes $2.3B Intelerad acquisition

GE previously noted that the acquisition was a reflection of the company’s “continued commitment to cloud-enabled and AI-powered solutions.” 

Sutter Health

Sutter Health to scoop up Allina Health, form new $26B nonprofit health system

The two not-for-profit health systems announced the merger on Wednesday. Although the deal won’t be finalized for some time, they teased new investments that will bring 39 hospitals and more than 400 primary and specialty care sites under the banner of a new Sutter Health. 

healthcare business deal

Strategic Radiology adds its 50th member practice

Baton Rouge, Louisiana-based Radiology Associates LLC is the latest to join SR, bringing aboard 62 additional physicians.