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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Philips acquiring artificial intelligence firm DiA Imaging Analysis for nearly $100M

The Israel-headquartered firm specializes in AI-based ultrasound image examination, scoring its ninth U.S. FDA clearance in February. 

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Rad Partners touts ‘dramatic’ MRI time reductions; Strategic Radiology adds practice, plus more company news

Also, radiologist joins state medical society representing small groups, and three LucidHealth rads honored as "top docs." 

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Report: Medtronic, Johnson & Johnson consider Shockwave Medical acquisition after Boston Scientific talks stall

Shockwave Medical has already had a busy, successful 2023—what could be next for the IVL specialists?

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Private equity firm seeking upward of $135M in sale of radiology group

The mid-market-sized Growth Fund has hired advisors and is now gauging interest from potential buyers, according to a recently published report. 

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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.”