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. 

Tellica Imaging Intermountain

Hospital giant to expand homegrown outpatient imaging chain that offers flat-rate MR and CT

First launched in 2021, Tellica Imaging has aimed to capitalize on the industry's shift away from hospitals to less costly freestanding sites

Medicare money payment physician

UnitedHealth’s Optum to acquire 9-state multispecialty radiology provider

Dallas-based Steward Medical Group spans 450 practices, employing over 1,700 providers including 180-plus radiologists. 
 

money business cash flow dollar

Report: Johnson & Johnson once again considering deal to acquire Shockwave Medical

Healthcare giants Boston Scientific, Johnson & Johnson and Medtronic were all reportedly interested in acquiring Shockwave Medical in 2023. Now, new rumors suggest a deal could be finalized within weeks. 

healthcare value value-based care money dollar

Novo Nordisk to acquire biotech company working on new heart failure drug for $1.1B

Cardior Pharmaceuticals in Germany has been developing a new compound it says can “halt and partially reverse cellular pathology” in heart failure patients. 

Elevance to acquire Kroger’s specialty pharmacy biz

Kroger’s specialty pharmacy helped patients with rheumatoid arthritis, growth hormone deficiencies, multiple sclerosis and bleeding disorders. The company says in-store retail pharmacies would not be included in the transaction. 

Thumbnail

Siemens to close Fast Track Diagnostics by end of year

Fast Track Diagnostics produced Siemens’s SARS-CoV-2 Assay test kits early in the Covid-19 pandemic, but a decline in testing demand from the peak of the pandemic led to the decision to shutter the unit.

physician money payments dollars

Doctors form new coalition focused on reducing private equity’s role in cardiology, other healthcare specialties

More than 5,000 U.S. physicians joined forces to launch the new group. They say they are focused on limiting private equity's involvement and influence in healthcare. 

UnitedHealthcare UHC UnitedHealth

UnitedHealth earns emergency order to buy radiology provider placed in crisis due to Change cyberattack

The nation’s largest healthcare corporation recently made an offer for the Corvallis Clinic, which has 11 locations across Oregon's Willamette Valley.