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. 

After lawsuit and lengthy delays, imaging firm finally moves forward with merger deal

The agreement dates to December 2022, when QT Imaging first started discussing a sale to investment firm GigCapital. 

February 23, 2024
mergers and acquisitions M&A puzzle

Strategic Radiology expands to its 23rd state, adding 48-physician new member practice

Based in the coastal city of Myrtle Beach, S.C., Carolina Radiology Associates is the state’s largest private imaging group. 

February 22, 2024

Blue Cross sale to Elevance called off in Louisiana (again)

It's déjà vu all over again as Blue Cross and Blue Shield of Louisiana has hit pause on its plan to sell to Elevance Health for the second time within a year amid scrutiny from the state.

February 15, 2024
boston scientific acquires axonics

Everside and Marathon agree to merge

Going forward, all 680 health centers in the two provider groups will combine to operate under the Marathon Health banner.

February 12, 2024
Money bankruptcy debt liquidation

Radiology provider Akumin completes bankruptcy process

The Florida-based imaging group has successfully deleveraged from its debts, which totaled some $470 million at the time of the filing in October. 

February 8, 2024

Private equity-backed Premier Radiology inks long-term partnership with nation’s largest occupational health provider

The Miami-based teleradiology group will provide support to Concentra’s network of 540 medical centers through 2030. 

February 6, 2024

HCSC buys Cigna’s Medicare biz for $3.3B

Cigna said the deal will enable it to free up around $400 million in capital it can redeploy, effectively pushing the transaction to $3.7 billion.

February 1, 2024

Florida cardiology practices unite with help from private equity-backed cardiovascular group

The two neighboring practices have joined forces to provide improved cardiovascular care for patients throughout the Sunshine State. 

January 29, 2024