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. 

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Radiologist claims he was shorted in $20M imaging center sale to private equity platform

Gregory R. Ball, MD, of Orchard Park, New York, and his attorneys filed the complaint against Southtowns Radiology Associates et al. on Feb. 24. 

Medality CEO and co-founder Daniel Arnold

Private equity-backed digital education platform TrueLearn acquires radiology vendor Medality

Medality (formerly MRI Online) boasts over 150 clients across 100 countries including private practices, academic programs and hospital radiology departments. 

imris imaging grovecourt capital MRI suite

Private-equity radiology group owner Grovecourt Capital acquires MRI solutions provider IMRIS Imaging

Founded in 2005, the vendor designs, manufactures and services its proprietary intraoperative MRI suite used on over 70,000 patients. 

private equity corporatization business consolidation

Physician turnover increases after private-equity investors sell their practice ownership stake

Medical groups have become an attractive PE target in recent years, with investors acquiring about 1,000 such entities between 2010 and 2020, experts write in JAMA.  

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. 

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