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

Corporations acquired 113 radiology practices, imaging centers over 11-year period

The South was the most active region with 50 deals, including 18 in Texas and 15 in Florida, experts write in the Journal of the American College of Radiology.

DirectMed Imaging acquires Richardson Healthcare

The parts, training and support company DirectMed Imaging of San Diego is acquiring a majority of assets owned by Richardson Healthcare in LaFox, Ill. 

Melissa Davis, MD, MBA, Yale University, explains her research into private equity market penetration in radiology.

Concerns about private equity's growing influence in radiology

Melissa Davis, MD, vice chair of medical informatics and associate professor at Yale University’s Department of Radiology and Biomedical Imaging, shares her findings from research on private equity market penetration.

 

Evergreen Theragnostics

Lantheus to acquire radiopharma firm Evergreen Theragnostics for up to $1B

Founded in 2019, Evergreen develops and manufactures imaging agents aimed at diagnosing and treating cancer, including Octevy for neuroendocrine tumors. 

merger acquisition M&A business

Imaging agent developer Telix finalizes $250M purchase of RLS radiopharma network

RLS operates America’s only Joint Commission-accredited radiopharmacy network, with 31 locations covering over 85% of the U.S. population. 

PSG growth equity redo

Private equity firm PSG invests $80M in radiology vendor Core Sound Imaging

Its flagship product is the Studycast imaging workflow platform, which CSI billed as “more than a picture archiving and communication system." 

Houston Texas

Private equity-backed Capitol Imaging acquires 7 outpatient centers in Gulf Coast

The Metairie, Louisiana-based radiology group is acquiring Houston MRI & Diagnostic Imaging, ballooning its center total to 48 across five states. 

radiology clock alarm turnaround time efficiency

Patients continue facing weekslong delays at Radiology Partners affiliate

Margaret Lukasyk of West Hartford, Conn., posted her concerns about Jefferson Radiology on Facebook and received numerous responses. 

Around the web

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