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. 

M&A mergers and acquisitions business deal

GE HealthCare eyes IR guidance company, releases revenue results

Less than a week after ringing the Nasdaq opening bell to showcase its long-awaited independence, GE HealthCare has announced a first strategic acquisition is in the works.

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CVS Health reportedly seeking to acquire Oak Street Health for $10B

CVS Health is exploring a sale of Oak Street Health, a primary care provider for Medicare patients, in a deal that could fetch $10 billion. The news was first reported by Bloomberg.

Amazon

Amazon’s $4B acquisition of Medical One clears regulators in Oregon

Amazon has overcome another step toward acquiring primary care group One Medical for $3.9 billion after the Oregon Housing Authority cleared the deal.

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Health tech experts view Amazon as a major threat

Amazon is viewed as the biggest threat to health systems’ core business in 2023, according to more than half of health tech experts who were recently surveyed.

CorPath GRX System siemens

Corindus, acquired back in 2019, is now Siemens Healthineers Endovascular Robotics

The company's most well-known product within the industry is the CorPath GRX System, a second-generation robotics solution used by interventional cardiologists during PCI and other interventional procedures.

Boston Scientific to acquire majority stake of interventional device company for $523M

Acotec, founded in 2008, designs and distributes a wide range of medical devices used in interventional cardiology, including drug-coated balloons and thrombus aspiration catheters.

Amgen to acquire Horizon Therapeutics for $27.8B

Amgen’s newly created subsidiary, Pillartree Limited, will acquire Horizon Therapeutics for $116.50 per share in cash. That’s a premium of 19.7% above the closing price of $97.29 on Dec. 9, 2022.

2023 outlook: More health services deals ahead

While economic headwinds and rising interest rates have put a damper on mergers and acquisitions across the healthcare industry in the second half of 2022, health services deals are likely to be on the up and up next year.