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. 

Agito Medical

Private equity firm acquires medical imaging equipment supplier from Philips

Agito Medical was first founded in 2004 and acquired by the Amsterdam-based original equipment manufacturer in 2018. 

stroke brain dementia alzheimer's puzzle mental health

Lantheus acquires developer of next-generation PET imaging agent for Alzheimer’s

Meilleur Technologies’ portfolio includes the worldwide exclusive rights to NAV-4694, also known as F18-flutafuranol, which is in phase 3 trials. 

miami tropical palm trees

Miami-based IntelliRad Imaging and its 37 physicians join Strategic Radiology

“Our newest member is a young, vibrant and innovative practice committed to the wholly physician-owned independent practice model,” said SR CEO Scott Bundy, MD. 

I-MED Radiology Network

Private equity-backed I-MED, Australia’s largest imaging provider, enters US with teleradiology acquisition

The company is acquiring San Diego-based StatRad, which employs 90-plus radiologists in the States, reading for hundreds of clients every day. 

Merit Medical Systems Fred P. Lampropoulos

Interventional radiology vendor Merit Medical announces $105M acquisition

Based in South Jordan, Utah, the company is purchasing rights to the EsophyX Z+ device from EndoGastric Solutions, adding $30M in annual revenue. 

lantheus acquires rights from life molecular imaging

Lantheus lands rights to budding radiopharmaceuticals for initial outlay of $35M

One of the largest radiopharma companies in the world is acquiring global rights to a pair of novel therapeutic and diagnostic drugs used to target a peptide receptor overexpressed in prostate and breast cancers.

Thumbnail

Northwest Radiologists joins growing coalition of independent, private radiology practices

The 20-physician organization is the second Washington group to join Strategic Radiology following in the footsteps of Skagit Radiology in Mount Vernon. 

California State Capitol Sacramento

State advances bill that would prevent private equity firms from interfering with medical decision-making

If passed, the bill would authorize the AG to grant, deny or impose conditions related to changes in control or the acquisition of a physician group. 

Around the web

After reviewing years of data from its clinic, one institution discovered that issues with implant data integrity frequently put patients at risk. 

Prior to the final proposal’s release, the American College of Radiology reached out to CMS to offer its recommendations on payment rates for five out of the six the new codes.

“Before these CPT codes there was no real acknowledgment of the additional burden borne by the providers who accepted these patients."

Trimed Popup
Trimed Popup