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. 

Healthcare M&A, mergers and acquisitions business deal.

Kaiser’s Risant completes first acquisition

The first phase of Kaiser Permanente’s rollout of Risant Health has been completed, as the new nonprofit organization has officially closed its blockbuster acquisition of Geisinger Health.

April 2, 2024
mergers and acquisitions in healthcare

Steward to sell doc network to Optum

If the proposalof which no financial details were made publicgoes through, Steward doctors in nine states would be managed by Optum.

March 28, 2024
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

March 28, 2024
Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule. 

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. 
 

March 28, 2024
money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.

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. 

March 27, 2024
Money dollar investments

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. 

March 25, 2024
Business Handshake

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. 

March 20, 2024
Hypertension patients measured their blood pressure less frequently during the early months of the COVID-19 pandemic, according to new research published in Hypertension. In addition, when those patients did measure their blood pressure, the readings were less healthy than they had been before the pandemic.

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.

March 20, 2024