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. 

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. 

Thumbnail

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. 

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. 

Laurel Bridge Software Enters into Reseller Partnership with FINAO Solutions

Enhances FINAO Solutions Image Sharing and Managed Services Offering. 

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.

Thumbnail

Spreemo Announces Large-Scale Data Research Partnership with the University Radiology Group

NEW YORK, Feb. 2, 2016 /PRNewswire/ -- Spreemo, a leading healthcare platform that provides evidence-based quality metrics and predictive analytics to facilitate high-quality patient care, has entered into a strategic research partnership with the University Radiology Group ("URG") – one of the nation's pre-eminent radiology practices performing approximately 1.8 million patient imaging exams annually. Spreemo, through its Quality Research Institute, and URG will jointly investigate the effect of various factors in the delivery of care including patient diagnoses and how these impact the ensuing outcomes and overall cost. Utilizing data from Spreemo's Fortune 100 and 500 partners, URG will combine its mature clinical and academic experience with Spreemo's data and analytics to further its evidence-based understanding of quality. The product of this effort aims to improve patient outcomes.

Zotec Partners Continues RBMA Gold Sponsorship in 2016, Supports Radiology Industry Since 2004

INDIANAPOLIS--(BUSINESS WIRE)--Zotec Partners (Zotec), the industry leader in radiology revenue cycle and practice management services, is pleased to announce it will continue a Gold-level sponsorship commitment with the Radiology Business Management Association (RBMA) in 2016.

Rush University Medical Center selects Agfa HealthCare DR solutions for excellent image quality and improved delivery of patient care.

Agfa HealthCare announces today that it has signed an agreement with the Rush University Medical Center to supply three DX-D 600 and one DX-D 300 direct radiography (DR) solutions over the coming year.

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