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. 

Novartis to acquire radiopharmaceutical firm Mariana Oncology for up to $1.75B

The Swiss drugmaker said the deal will bolster its research infrastructure and clinical supply capabilities, with an eye toward improving oncologic care. 

May 3, 2024
Healthcare M&A, mergers and acquisitions business deal.

Ecolab selling its surgical solutions business for $950M

Medline has entered into a “definitive agreement” to buy the surgical division, giving the company access to a variety of surgical supplies and equipment used by clinicians and patients.

May 1, 2024
healthcare business deal

Private equity-backed cardiology group acquires Arizona practice with 4 locations

Florida-based Cardiovascular Associates of America has expanded its roster to include a team of 14 cardiologists and advanced practitioners in Arizona. 

May 1, 2024
boston scientific acquires axonics

Hologic purchases competitor for $310M

Hologic has agreed to buy Endomag, a privately held breast cancer surgery company in the U.K.

April 30, 2024
Steve MacMillan Hologic

Hologic to acquire rival breast care company for $310M—plus 2 more radiology vendor M&A deals

In other news, West Physics Consulting is acquiring part of Tricord Inc., while radiology appointment scheduling firm CCD Health was recently sold. 

April 30, 2024
Solis Mammography

Private equity-backed radiology provider Solis Mammography inks joint venture deal with large hospital system

The “nation's largest independent provider of specialized breast health services” is teaming with Northwest Healthcare to expand imaging offerings in the Tucson region.

April 18, 2024
Money bankruptcy debt liquidation

Private equity bankruptcies in healthcare explode 112% in 5 years

According to the Private Equity Stakeholder Project, 21% of all healthcare bankruptcies in 2023 involved organizations owned by financial firms.

April 18, 2024
mergers and acquisitions M&A puzzle

Riverside Radiology Medical Group joins growing independent practice coalition

The organization is the 38th to join Strategic Radiology and third in California, leaders announced on Wednesday. 

April 17, 2024