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. 

Zwanger-Pesiri Radiology planning two new locations

Long Island, New York-based Zwanger-Pesiri Radiology is opening two new locations in Queens that will create 40 to 50 jobs in the area.

March 2, 2017

Intermountain Healthcare Acquires two Utah Radiology Associates centers

Utah Radiology Associates (URA) and Intermountain Healthcare (IH) have entered into an agreement for IH to acquire ownership and management of URA’s privately owned outpatient imaging center, Utah Valley Imaging, and its multidisciplinary pain management clinic, Utah Valley Pain Management.

February 28, 2017

Be on the lookout for more consolidation

Independent radiology practices may want to buckle up—the shift from volume to value and increasing consolidation of payors are pushing small practices toward mergers or acquisitions, according to the American College of Radiology. The benefits can outweigh the drawbacks in many situations, but some practices will be always be reluctant to give up their independence.

February 22, 2017

Strategic Radiology continues expansion, adds ninth affiliate

Strategic Radiology, national coalition of private radiology group practices, is once again expanding its efforts with the addition of Radiology Associates of Indiana as their ninth affiliate.

February 15, 2017

Medicare patients utilize more imaging in first half of year: What it could mean for practices

Utilization of Medicare imaging increases during the first half of a calendar year and if a patient has significant comorbidities, according to a Harvey L. Neiman Policy Institute study. The findings could impact Merit-based Incentive Payment System (MIPS) reporting strategies and risk-bearing reimbursement for imaging practices, the authors said.

February 1, 2017

Practice allows radiologist to manage Facebook page, improves engagement

In an effort to emphasize the importance of radiologist-patient engagement, Triad Radiology Associates has put one of its own radiologists at the helm of managing the practice’s Facebook page.

January 23, 2017

Squeeze play: Radiologists face pressure to consolidate

Consolidation in U.S. healthcare has been increasing for some time and is only accelerating, according to Paul Ginsberg of the Brookings Institution. While some comes from mergers and acquisitions, a surprising amount stems from larger organizations eating the market share of smaller practices, a testament to the strength of economies of scale.

January 19, 2017

Varian Medical Systems to acquire PerkinElmer's Medical Imaging business

Varian Medical Systems has reached an agreement to acquire PerkinElmer’s Medical Imaging Business as an addition to the Varian Imaging Components business, which is set to become an independent public company, Varex Imaging Corporation.  

January 2, 2017

Around the web

"This was an unneeded burden, which was solely adding to the administrative hassles of medicine," said American Society of Nuclear Cardiology President Larry Phillips.

SCAI and four other major healthcare organizations signed a joint letter in support of intravascular ultrasound. 

The newly approved AI models are designed to improve the detection of pulmonary embolisms and strokes in patients who undergo CT scans.

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