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. 

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Shockwave Medical announces huge Q1 growth, including skyrocketing revenue, amid Boston Scientific rumors

The company reported a Q1 revenue of $161.1 million, up 72% from Q1 in 2022. Both gross profit and net income were also up considerably when compared to 2022. 

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Boston Scientific’s deal to acquire Shockwave Medical reportedly hits a snag

Talks between the two companies have reached a standstill, according to a new report. The rumor appears to have impacted the stock prices of both Boston Scientific and Shockwave Medical. 

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Avertix Medical, known for its implantable heart attack detection devices, to go public with initial value of $195M

The healthcare technology company, previously known as Angel Medical Systems, is merging with BIOS Acquisition Corporation to form a new publicly traded company.

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Radiology provider Envision Healthcare scores $91M judgment against UnitedHealthcare

The nation's largest insurer reportedly breached its contract with the PE-backed multispecialty group by “unilaterally reducing reimbursement rates.” 

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Private equity buying up a growing share of cancer care clinics

Between 2003 and 2022, PE platform companies poured money into 724 oncology clinics, or about 10% of all locations.

Private equity-backed cardiology management group acquires Florida practice with team of 26 cardiologists

Cardiovascular Associates of America has acquired a Florida-based cardiovascular group with a team of 26 cardiologists working out of three locations. 

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Private equity-backed US Heart and Vascular expands into Kansas with new partnership

This represents the second significant deal US Heart and Vascular has announced in the last month. The first was a partnership with an established Dallas-based cardiology practice. 

Kaiser Permanente acquiring Geisinger, launching new nonprofit

The new entity, Risant Health, will continue growing through acquisitions and the connection of like-minded health systems.