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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ProMedica sells hospice and home care business to Gentiva for $710M

The deal is expected to close in the second quarter of 2023.

Pfizer in talks to acquire Seagen in deal worth more than $30B

Pharmaceutical giant Pfizer is reportedly in talks to acquire Seagen, a biotechnology company focused on developing cancer therapies.

Tim Attebery, DSc, MBA, the CEO of Cardiovascular Associates of America and former CEO of the American College of Cardiology (ACC)

Q&A: Tim Attebery on why private equity-backed management companies are investing in cardiology

The CEO of Cardiovascular Associates of America, and former CEO of the American College of Cardiology, shared his perspective on the rise of private equity investments in cardiology. 

UnitedHealth Group closes $5.4B acquisition of LHC Group

UnitedHealth Group has closed its $5.4 billion acquisition of home health care giant LHC Group, the company confirmed in a new filing.

Amazon

Amazon closes $3.9B acquisition of One Medical

The closure of the deal comes after Amazon faced some backlash toward the acquisition, with some arguing the move gives the retailer too much power.

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Private equity-backed imaging chain doubles footprint with 2 acquisitions

Fueled by its partnership with Novacap, Canada Diagnostic Centers is adding 20-plus imaging clinics across Alberta and Saskatchewan. 

private equity cardiology healthcare

Q&A: What the rise of private equity investments in cardiology means for cardiologists and their patients

Private equity investors have grown more and more interested in cardiology in recent years. Why the sudden shift? And what does it mean for patient care going forward? 

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Cardiovascular Associates of America welcomes Florida practice to its growing network

The private equity-backed organization now has eight partner practices in its network.