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. 

business partnership handshake merger acquisition M&A

Abbott acquires cancer diagnostic company Exact Sciences for $21B

The deal will not be finalized until approved by Exact Sciences’ shareholders. With it, Abbott gains control of new diagnostic tools, including a popular at-home test for colorectal cancer.

GE HealthCare

GE HealthCare to acquire Intelerad for $2.3B

The Chicago-based imaging systems manufacturer said it plans to pay the purchase price in cash, believing the acquisition demonstrates its “continued commitment to cloud-enabled and AI-powered solutions.” 

piedmont

Outpatient Imaging Affiliates inks 2 new hospital joint ventures

The private equity-backed, Tennessee-based imaging group is expanding in Georgia and Missouri through partnerships with Piedmont and BJC HealthCare, respectively. 

vituity

Multispecialty physician group expands into imaging by adding 36-rad private practice

Northern California-based Vituity, which is led and owned by doctors, said it has reached a deal to partner with Focused Medical Imaging. 

mergers and acquisitions M&A consolidation puzzle business deal

Radiology Partners acquires healthcare AI company for $80M

The country’s largest imaging group is buying Palo Alto, California-based Cognita Imaging Inc., which was founded by scientists at Stanford University. 

merger acquisition M&A business

RadNet acquires 60-year-old New York imaging group

The publicly traded imaging center operator is adding Kingston-based River Radiology, which has billed itself as the oldest imaging group in Ulster County. 

S&P places Hologic on Credit Watch after news of $18B private equity takeover

Moody’s noted that Blackstone and TPG are financing the transaction with $12.25 billion in debt, spread across three separate loans. 

mergers and acquisitions M&A partnerships

Konica Minolta partnering with one of the largest teleradiology practices in the US

Transparent Imaging currently distributes work to more than 200 radiologists, who collectively read over 1 million imaging exams per year.