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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Tenet completes sales spree, deals six Calif. hospitals

Previously disclosed terms valued the transactions at a combined $1.5 billion.

M&A mergers and acquisitions business deal

Kaiser’s Risant completes first acquisition

The first phase of Kaiser Permanente’s rollout of Risant Health has been completed, as the new nonprofit organization has officially closed its blockbuster acquisition of Geisinger Health.

mergers and acquisitions in healthcare

Steward to sell doc network to Optum

If the proposalof which no financial details were made publicgoes through, Steward doctors in nine states would be managed by Optum.

Elevance to acquire Kroger’s specialty pharmacy biz

Kroger’s specialty pharmacy helped patients with rheumatoid arthritis, growth hormone deficiencies, multiple sclerosis and bleeding disorders. The company says in-store retail pharmacies would not be included in the transaction. 

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Siemens to close Fast Track Diagnostics by end of year

Fast Track Diagnostics produced Siemens’s SARS-CoV-2 Assay test kits early in the Covid-19 pandemic, but a decline in testing demand from the peak of the pandemic led to the decision to shutter the unit.

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Doctors form new coalition focused on reducing private equity’s role in cardiology, other healthcare specialties

More than 5,000 U.S. physicians joined forces to launch the new group. They say they are focused on limiting private equity's involvement and influence in healthcare. 

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Most physicians think private equity is bad for healthcare

Just 10.5% of U.S. physicians said they view private equity ownership in healthcare in a positive light. 

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Elevance closes on Paragon acquisition

While details of financial terms were not disclosed by the companies, a report from Axios pegged the deal at “well north of $1 billion.”

Around the web

Compensation for heart specialists continues to climb. What does this say about cardiology as a whole? Could private equity's rising influence bring about change? We spoke to MedAxiom CEO Jerry Blackwell, MD, MBA, a veteran cardiologist himself, to learn more.

The American College of Cardiology has shared its perspective on new CMS payment policies, highlighting revenue concerns while providing key details for cardiologists and other cardiology professionals. 

As debate simmers over how best to regulate AI, experts continue to offer guidance on where to start, how to proceed and what to emphasize. A new resource models its recommendations on what its authors call the “SETO Loop.”