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. 

RadNet acquires 75% interest in UK teleradiology provider

Los Angeles-based, publicly traded RadNet has secured a controlling portion of Heart & Lung Health, or HLH, a network of more than 70 cardiothoracic radiologists who serve the National Health Service as well as various hospitals and teaching institutions across the United Kingdom.

mergers acquisitions puzzle M&A

7-state imaging powerhouse consolidates presence in the Garden State

An investor-backed practice in the Northeast has acquired the radiology operations of a practice that runs six imaging centers in New Jersey.

M&A mergers and acquisitions business deal

Intelerad’s $500M investment creates image-sharing network managing 80B images

Suggesting the move will significantly advance radiology’s specialtywide imperative to “ditch the disk,” Montreal-based Intelerad Medical Systems has announced it is acquiring a longtime competitor in the image-exchange space.

Thumbnail

Boston Scientific acquires startup behind new FDA-cleared embolization technology

The new hydrogel material was designed to immediately conform to the patient's body and create a barrier.

Notable names in the news: From Butterfly to ViewRay and a few in between

Radiology business developments that broke softly this week but may soon make waves ... 

Silicon Valley POCUS supplier buys Canadian AI ultrasound simplifier

Point-of-care ultrasound innovator Exo has acquired Medo AI of Edmonton, Alberta, with plans to soon make ultrasound imaging “as easy as snapping a photo on a smartphone.”

Canon grows footprint with acquisition of regional distributor

A longtime distributor and servicer of Canon medical imaging equipment is being acquired by Canon Medical Systems USA.

Homegrown business curriculum teaches new rads how to ‘think like an MBA’

Harvard researchers have piloted a curriculum for instructing radiology trainees in the business of modern medicine. The teaching team says its program is adaptable by any academic radiology operation.

Around the web

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.

The all-in-one Omni Legend PET/CT scanner is now being manufactured in a new production facility in Waukesha, Wisconsin.