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. 

Washington State Radiology Group Renews RCM Services Agreement with Zotec Partners

INDIANAPOLIS--(BUSINESS WIRE)--Zotec Partners (Zotec), the industry-leading provider of radiology revenue cycle and practice management services, announces a revenue cycle management (RCM) services renewal with Radia Inc., PS, the largest and most progressive radiology group in the Pacific Northwest. In the extended agreement, Zotec will continue to manage the practice’s revenue cycle and offer RCM technologies and data access that contribute to the practice’s continued growth and sustainability.

May 24, 2016

Together at last: Mach7 Technologies and 3D Medical finalize merger

Mach7 Technologies and 3D Medical have announced the finalization of their merger, according to a company press release, resulting in the newly formed company Mach 7 Technologies Limited.

April 8, 2016

Ohio-Based Radiology Group Enters New Practice Management Partnership with Zotec Partners

 INDIANAPOLIS--(BUSINESS WIRE)--Zotec Partners (Zotec), the industry leader in radiology revenue cycle and practice management services, announces a practice management agreement with Toledo Radiological Associates (TRA), an Ohio-based radiology group with 34 highly specialized board-certified radiologists. In the extended arrangement, TRA will use Zotec’s professional radiology practice management services and onsite assistance, in conjunction with Zotec’s revenue cycle management, for the group’s ongoing success. 

March 9, 2016

Mindray shareholders agree on merger proposal

Medical device company Mindray Medical International has announced that its shareholders voted in favor of a merger with Excelsior Union Limited and its subsidiary, Solid Union. 

February 29, 2016
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Sheridan Healthcare Expands Partnership with Candescent Health to Create Radiology Network of 150 radiologists, 2 million studies

WALTHAM, Mass., Feb. 23, 2016 /PRNewswire/ -- Today, Candescent Healthannounced the expansion of its contract with Sheridan Healthcare, Inc. to improve clinical consistency, increase physician efficiencies, and drive greater healthcare value for its hospital partners and patients. Sheridan will expand Candescent Health’s service to its practice in South Florida and create a network of more than 150 radiologists covering over 2 million radiology studies. 

February 23, 2016

Wake Radiology partners with Intelerad for InteleOne, InteleConnect and InteleViewer for diagnostic imaging workflow

February 12, 2016, Wake Radiology, the Triangle’s leading provider of outpatient medical imaging, announced today that is has selected industry leading Intelerad Medical Systems™ as a new technology partner to help speed the delivery of diagnostic images and reports to its referring healthcare providers. 

February 16, 2016

Laurel Bridge Software Enters into Reseller Partnership with FINAO Solutions

Enhances FINAO Solutions Image Sharing and Managed Services Offering. 

February 12, 2016

NOVACAP Makes Strategic Investment to Accelerate Intelerad’s Growth

Montreal, Canada – February 2, 2016 – NOVACAP, one of Canada's leading private equity firms, today announced that it has finalized a significant investment in Intelerad Medical Systems™ Incorporated, a leader in cross-enterprise medical imaging solutions, headquartered in Montreal, Canada. The transaction is being financed through the NOVACAP TMT IV Fund, which specializes in partnering with exceptional companies that have high growth potential in the technology, media and telecommunications sectors.

February 2, 2016

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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