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. 

Squeeze play: Radiologists face pressure to consolidate

Consolidation in U.S. healthcare has been increasing for some time and is only accelerating, according to Paul Ginsberg of the Brookings Institution. While some comes from mergers and acquisitions, a surprising amount stems from larger organizations eating the market share of smaller practices, a testament to the strength of economies of scale.

January 19, 2017

Varian Medical Systems to acquire PerkinElmer's Medical Imaging business

Varian Medical Systems has reached an agreement to acquire PerkinElmer’s Medical Imaging Business as an addition to the Varian Imaging Components business, which is set to become an independent public company, Varex Imaging Corporation.  

January 2, 2017

Two leading medical imaging providers complete merger

Leading medical imaging providers in Washington State, TRA Medical Imaging (TRA) and Medical Imaging Northwest (MINW), have officially completed a merger and will begin operating under TRA-MINW starting Jan. 1, 2017.

December 20, 2016

US isotope manufacturer takes step toward production

SHINE Medical Technologies is moving its headquarters from the Madison, Wisconsin, area to Janesville. All employees will relocate to the new building and continue preparing for the construction of SHINE’s radioisotope production facility, also in Janesville.

September 22, 2016

Bayer considering sale of radiology supplies unit

Bayer AG, the German chemicals and healthcare company, is considering selling its radiology supplies unit, worth $3 billion, while the company is in talks to acquire Monsanto Co, reports Yahoo Finance. 

June 20, 2016

Radiology Partners to join the American College of Radiology’s R-SCAN network

Radiology Partners (RP), the largest on-site radiology group in the U.S., have announced it will join the American College of Radiology’s (ACR) Radiology Support, Communication and Alignment Network (R-SCAN). 

June 14, 2016

American College of Radiology partners with Society for Participatory Medicine in effort to focus on patient-physician collaboration

The American College of Radiology (ACR) is joining the Society for Participatory Medicine (SPM).

June 14, 2016

Washington State Radiology Group Renews RCM Services Agreement with Zotec Partners

INDIANAPOLIS--(BUSINESS WIRE)--Zotec Partners (Zotec), the industry-leading provider of radiology revenue cycle and practice management services, announces a revenue cycle management (RCM) services renewal with Radia Inc., PS, the largest and most progressive radiology group in the Pacific Northwest. In the extended agreement, Zotec will continue to manage the practice’s revenue cycle and offer RCM technologies and data access that contribute to the practice’s continued growth and sustainability.

May 24, 2016

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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