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. 

Rhode Island Medical Imaging

Rhode Island Medical Imaging and its 90 physicians join Strategic Radiology

Founded in 1943, the private practice has a network of 16 diagnostic imaging facilities overseen by its staff of "deeply" subspecialized radiologists.

M&A mergers and acquisitions business deal

Steward reaches deal to sell multispecialty physician group to private equity affiliate for $245M

The deal includes Steward Medical Group, a physician-led organization offering primary care, diagnostic imaging and other specialty services across several states. 

quality imaging appropriateness clinical decision support CAS AUC

Radiologist-founded clinical decision support firm MedCurrent acquired for nearly $25M

Toronto-based software company VitalHub Corp. said it has inked a definitive agreement to buy the CDS provider and its core product OrderWise. 

venture capital corporate suit business corporatization

Members of Congress introduce bill to rein in private equity ownership of physician practices

"Private equity firms and greedy corporate executives are using the healthcare system as a piggybank,” said Sen. Edward J. Markey, D-Mass. 

I-MED Radiology Network

Private equity owner of Australia’s largest radiology firm, which just entered U.S., eyes nearly $2B sale

Earlier this month, I-MED Radiology Network announced it had reached a deal to acquire San Diego-based StatRad, adding $164M in EBITDA.  

dollar money finance debt decrease

Imaging among the categories seeing greatest 2-year decline in private equity deals

The Pitchbook analysis also charted similar PE ownership downturns in other healthcare categories such as skilled nursing and hospitals.  

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. 

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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