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. 

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Silicon Valley POCUS supplier buys Canadian AI ultrasound simplifier

Point-of-care ultrasound innovator Exo has acquired Medo AI of Edmonton, Alberta, with plans to soon make ultrasound imaging “as easy as snapping a photo on a smartphone.”

July 26, 2022
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Canon grows footprint with acquisition of regional distributor

A longtime distributor and servicer of Canon medical imaging equipment is being acquired by Canon Medical Systems USA.

July 17, 2022
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Homegrown business curriculum teaches new rads how to ‘think like an MBA’

Harvard researchers have piloted a curriculum for instructing radiology trainees in the business of modern medicine. The teaching team says its program is adaptable by any academic radiology operation.

June 8, 2022
partnership business deal joint venture

Private-practice coalition adds another rad group

Florida-based Strategic Radiology announced the addition June 1, naming 11-radiologist Radiology Consultants of Lynchburg in Virginia as its 32nd member practice overall and its second in the Old Dominion state.

June 8, 2022
A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.

UnitedHealth, Change Healthcare extend merger agreement, adding $650M breakup fee if DOJ suit prevails

The two companies said the agreement reflects their commitment to combining and desire to fight the Department of Justice's "meritless legal challenge to this merger." 

April 6, 2022
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Private equity-backed Rayus Radiology details latest expansion effort

The Minneapolis-based imaging group is broadening its partnership with Froedtert & the Medical College of Wisconsin, leaders announced recently. 

April 4, 2022
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Strategic Radiology makes first foray into New Mexico with addition of 42-physician practice

Radiology Associates of Albuquerque was founded 45 years ago and boasts relationships across nine hospitals. 

April 1, 2022
Healthcare M&A, mergers and acquisitions business deal.

Change Healthcare reportedly seeking ‘sizable’ breakup fee if UnitedHealth deal falls through

Members of the Nashville, Tennessee, imaging vendor’s board have recently discussed such a “reverse fee,” which was not part of its original agreement with UHG. 

March 23, 2022

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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