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. 

Solis Mammography

Private equity-backed Solis Mammography touts latest center acquisition

The Addison, Texas-based provider is purchasing the Mammography and Ultrasound Imaging Center in Gainesville, Florida, adding to its growing number of locations. 

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Radiology AI vendor Lunit completes acquisition of rival Volpara for $193M

Based in Seoul, South Korea, Lunit called the acquisition a “significant milestone” in its “mission to conquer cancer" through artificial intelligence.

M&A mergers and acquisitions business deal

Buffalo’s 2nd largest diagnostic imaging center operator on why it sold to private equity

Founded in 1959, Southtowns Radiology announced in November that it was unloading its imaging center business to Atlanta-based Rezolut. 

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Private equity dealmaking in healthcare stalls amid persistent bid-ask gap, negative regulatory environment

PE sponsors announced or closed about 158 transactions in the first quarter (including five in imaging), a “downward trend even from 2023’s sluggish pace,” Pitchbook reports.  

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Radiation therapy centers sold out of private equity-backed provider’s bankruptcy estate for nearly $3M

American Shared Hospital Services is acquiring a 60% stake and expects the facilities to generate upward of $10 million in annual revenue. 

Ultrasound UConn Health Brain and Spine Institute

Investor-backed Outpatient Imaging Affiliates inks deal to open academic center’s 1st freestanding site

UConn Health has seen “unprecedented growth” in patient volumes and hopes the facility will minimize wait times while cutting costs for patients. 

mergers acquisitions puzzle M&A

RadNet acquires 9 imaging centers through 2 tuck-in transactions totaling $14M

The deals were with Antelope Valley Imaging and Grossman Imaging Centers, both located near RadNet's home base in California. 

Samsung

Samsung to acquire ultrasound artificial intelligence firm Sonio for more than $92M

Founded in 2020, the Paris-based firm offers products to aid physicians in assessing and documenting OB/GYN scans. 

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