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. 

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. 

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Radiology solutions provider Collaborative Imaging inks partnership with private equity

WindRose Health Investors is partnering with the management team at radiologist-owned CI, acquiring its technology platform and creating a new company called Civie. 

Lantheus

Lantheus to acquire PET agent developer Life Molecular Imaging for up to $750M

LMI is the maker of Neuraceq, a globally approved F-18 PET imaging agent used to detect beta-amyloid plaques in patients evaluated for Alzheimer’s

Telix Pharmaceuticals

Telix Pharmaceuticals to acquire portfolio of imaging-related assets for up to $185M

Inglewood, California-based biotechnology company ImaginAb is the seller, unloading a pipeline of drug candidates, technology platform and research facility. 

merger acquisition handshake deal business agreement partnership

Practice acquisition will create 1 of the largest teleradiology groups in the US

Phoenix-based OnRad Inc. is acquiring competitor Direct Radiology from Royal Philips for an undisclosed sum, seeking to bolster recruitment and pursue operational efficiencies. 

merger acquisition M&A business

Hologic finalizes $350M acquisition of ultrasound imaging device developer

Gynesonics developed and sells the Sonata System, the first FDA-cleared product for diagnosis and treatment of certain symptomatic fibroids. 

Around the web

The patient, who was being cared for in the ICU, was not accompanied or monitored by nursing staff during his exam, despite being sedated.

The nuclear imaging isotope shortage of molybdenum-99 may be over now that the sidelined reactor is restarting. ASNC's president says PET and new SPECT technologies helped cardiac imaging labs better weather the storm.

CMS has more than doubled the CCTA payment rate from $175 to $357.13. The move, expected to have a significant impact on the utilization of cardiac CT, received immediate praise from imaging specialists.