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. 

affidea

Radiology provider Affidea acquires 4-location cancer care outfit

Backed by investment firm Groupe Bruxelles Lambert, Europe's largest diagnostic imaging provider has a deal to acquire a Romanian radiotherapy firm.  

March 8, 2024
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Feds launch inquiry to assess private equity’s impact on healthcare

The Federal Trade Commission, Department of Justice, and Health and Human Services want to learn more about corporations’ “increasing control” of the field. 

March 6, 2024

Lawsuit accuses radiology AI vendor MIM Software of patent theft

Progenics Pharmaceuticals Inc. claims MIM stole its patents and used them to help entice GE HealthCare to buy the company in January.  

February 28, 2024

After lawsuit and lengthy delays, imaging firm finally moves forward with merger deal

The agreement dates to December 2022, when QT Imaging first started discussing a sale to investment firm GigCapital. 

February 23, 2024
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Strategic Radiology expands to its 23rd state, adding 48-physician new member practice

Based in the coastal city of Myrtle Beach, S.C., Carolina Radiology Associates is the state’s largest private imaging group. 

February 22, 2024
Money bankruptcy debt liquidation

Radiology provider Akumin completes bankruptcy process

The Florida-based imaging group has successfully deleveraged from its debts, which totaled some $470 million at the time of the filing in October. 

February 8, 2024

Private equity-backed Premier Radiology inks long-term partnership with nation’s largest occupational health provider

The Miami-based teleradiology group will provide support to Concentra’s network of 540 medical centers through 2030. 

February 6, 2024
Phoenix Arizona

RadNet-Dignity Health joint venture acquires 7 imaging centers from Cigna company

Arizona Diagnostic Radiology is buying the Phoenix-area outpatient locations from Evernorth Care Group, the medical practice division of Cigna HealthCare of Arizona. 

January 24, 2024

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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