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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Amazon’s $3.9B acquisition of One Medical under review in Oregon

The state of Oregon is taking a hard look at the proposed acquisition of One Medical by Amazon. The deal is valued at $3.9 billion.

December 2, 2022
GE Healthcare logo

GE aproves healthcare spinoff

GE's board of directors has approved the spinoff of its healthcare business to a separate entity, GE HealthCare.

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

Boston Scientific to acquire Apollo Endosurgery for $615M

Under terms of the deal, Boston Scientific will pay $10 per share to acquire Apollo Endosurgery, well above the company’s previous day’s close of $6 per share.

November 29, 2022
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ProMedica offloads Welltower joint venture SNFs

"By engaging in this transaction, we will be able to increase focus and resources on the other areas of our health system as we continue to provide high-quality, compassionate care and invest in our communities and dedicated caregivers," says ProMedica CEO Arturo Polizzi.

November 9, 2022
Walgreens

Walgreens-backed VillageMD acquires Summit Health in $9B deal

VillageMD, which is majority-owned by Walgreens Boots Alliance, is acquiring Summit Health in a deal valued at $8.9 billion.

November 7, 2022
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VillageMD rumored to be in merger talks with Summit Health

VillageMD, a primary care provider majority owned by Walgreens, is reportedly in talks to merge with Summit Health, a large medical group with more than 340 practice locations.

November 1, 2022

JPMorgan ventures into healthcare with new capital team

The new venture capital team will be focusing on novel therapeutics and technologies in several specialties.

November 1, 2022
Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule. 

AMA scrutinizes lack of competition, consumer harms in Medicare Advantage plans

Medicare Advantage plans face little in the way of competition, and Medicare consumers are worse off for it, according to a new study from the American Medical Association.

 

November 1, 2022

Around the web

This week Washington took a major step toward nailing down a solid game plan on federal AI spending for everything outside of defense.

The recall includes specific lots of five different medical devices used to treat stroke and other neurovascular diseases.

The agency is urging healthcare providers to transition away from these devices and seek out alternatives. It is even working with other manufacturers to try and get similar products on the market as quickly as possible. 

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