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. 

cross market hospital mergers

Abiomed, Biosense Webster, Cerenovus now all known as Johnson & Johnson MedTech

These companies were already part of the Johnson & Johnson family, but they had still retained their previous brand names. Now, each one is officially going by Johnson & Johnson MedTech. 

Samsung

Samsung finalizes $92M acquisition of French ultrasound AI firm Sonio

Founded in 2020, the acquired firm offers products to aid physicians in assessing and documenting OB/GYN scans, such as prenatal ultrasounds.

Enlitic

Radiology data sharing vendor Enlitic to acquire rival for $5M

The Fort Collins, Colorado, company is purchasing all shares of Laitek Inc., a major provider of medical imaging data migration and routing services in the U.S. 

merger acquisition handshake deal business agreement partnership

McKesson buys $2.5B stake in physician-owned oncology network

The company has entered into a definitive agreement to purchase Core Ventures, resulting in the Florida Cancer Specialists & Research Institute aligning with its oncology network.

Siemens Healthineers

Siemens Healthineers to acquire Novartis imaging unit for over $223M

The Swiss pharmaceutical firm operates Europe’s second largest network of cyclotrons, used to manufacture radioactive compounds needed for PET scans.  

money maze benjamin franklin reimbursement medicare

Evolent Health seeking potential private equity buyout, sources claim

Evolent is attracting interest from buyers, and a sale of the company could be finalized in weeks, sources claim.

Rhode Island Medical Imaging

Rhode Island Medical Imaging and its 90 physicians join Strategic Radiology

Founded in 1943, the private practice has a network of 16 diagnostic imaging facilities overseen by its staff of "deeply" subspecialized radiologists.

V-Wave has gained considerable attention or its Ventura Interatrial Shunt System, a small implantable device designed to reduce pressure on the left atrium and the lungs in patients with heart failure with reduced ejection fraction (HFrEF). The Ventura device includes a nitinol hourglass-shaped frame that anchors to the patient’s fossa ovalis in a way that prevents migration or embolization. It is implanted via an interventional procedure with fluoroscopy and echocardiography guidance.

Johnson & Johnson to acquire heart failure specialists V-Wave for up to $1.7B

V-Wave has gained considerable attention for its Ventura Interatrial Shunt System, a small implantable device designed to reduce pressure on the left atrium and lungs of HFrEF patients.