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. 

Todd Fruchterman Butterfly

Ultrasound maker Butterfly Network names new CEO ahead of completing $1.5B merger

Todd Fruchterman, MD, PhD, will assume the role Feb. 1 after previously working at 3M for nearly a decade.

Butterfly Network Ultrasound

Ultrasound maker Butterfly Network’s $1.5B merger, Philips beats antitrust claims, plus more vendor news

Also, GE Healthcare's new acquisition, Subtle Medical raises $12 million, and Fujifilm enters a new market in imaging. 

Texas

Bigger in Texas: Merger may create the nation’s largest private radiology practice

Officials with 80-year-old, Fort Worth-based Radiology Associates of North Texas unveiled their new partnership plans on July 2. 

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Social media’s influence on radiology continues to grow

Radiology’s embrace of Twitter, Facebook and YouTube is not just interesting—it’s impossible to ignore.

Toshiba Medical Systems renamed Canon Medical Systems

Canon and Canon Medical System Corporation announced Thursday, Jan. 4, that the Canon Group company Toshiba Medical Systems Corporation has been renamed Canon Medical Systems.

Radiology Partners, RIMA announce practice partnership

Radiology Partners announced a new partnership with California-based Renaissance Imaging Medical Associates (RIMA), increasing Radiology Partners’ radiologist count to more than 800.

RadNet, MemorialCare Health System announce new joint venture

RadNet, one of the country's largest operators of outpatient imaging centers, announced Dec. 18 a new joint venture with MemorialCare Health System, a California-based nonprofit health system.

Change Healthcare Announces Strategic Relationship with Google Cloud

Companies to collaborate on next-generation enterprise imaging solutions.

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.

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