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. 

Money dollar investments

Johnson & Johnson to acquire Abiomed in $16.6B deal

Johnson & Johnson agreed to an upfront payment of $380 per share. Abiomed shareholders can also receive up to an additional $35 per share if certain milestones are met in the years ahead. 

November 1, 2022

Medtronic to split patient monitoring and respiratory interventions businesses

Medtronic says the spinoff is an opportunity to better position both entities and create value.

October 24, 2022
CareCentrix CEO John Driscoll will assume the new role of vice president and president, U.S. healthcare, including Walgreens Health, at WBA.

Walgreens to acquire remaining stake in CareCentrix for $392M

Walgreens will acquire the remaining 45% stake in CareCentrix for $392 million, after already acquiring a 55% stake for $330 million.

October 12, 2022
Target health care costs.

Digital health funding stalls in third quarter

The third quarter of 2022 was the smallest funding quarter of the year so far for digital health, highlighting the changing fundamentals across the economy impacting the sector.

 

October 6, 2022
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Health insurance service providers join forces

Insurance brokerage OneDigital has acquired HealthWorks, an insurance advisor focused on Medicare patients.

 

October 6, 2022

UnitedHealth Group’s Optum completes $8B merger with Change Healthcare

Optum has completed its nearly $8 billion merger with Change Healthcare, bringing an end to an embattled and controversial transaction.

October 3, 2022

One Equity Partners acquires healthcare staffing firm Prime Time Healthcare

One Equity Partners, a private equity firm based in New York, has acquired Prime Time Healthcare, an Omaha, Nebraska-based healthcare staffing firm.

September 27, 2022
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Cano Health explores sale amid interest from Humana, CVS Health

Cano Health is considering a sale after takeover interest from major healthcare players, including CVS Health and Humana, according to several media outlets.

September 23, 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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