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. 

CVS Health announces $10.6B acquisition of Oak Street Health

CVS Health announces $10.6B acquisition of Oak Street Health

The deal was expected to be announced after several stories leaked that the two companies were in talks.

February 8, 2023

CVS Health close to $10.5B deal with Oak Street Health

CVS Health is closing in on a deal to acquire primary care provider Oak Street Health for $10.5 billion.

February 7, 2023
Money dollar investments

2022 was a big year for private equity funds in healthcare

In fact, 2022 was “easily” the second-best year for private equity healthcare services dealmaking, behind 2021.

February 6, 2023
A gavel and a stethoscope

Feds may block Amazon’s acquisition of One Medical

Amazon announced its intent to acquire One Medical in July 2022, and the $3.9 billion deal came under fire right away, with critics voicing their concerns about Amazon’s growing size and reach.

February 6, 2023
dollar money graph increase finance

BioTech company raises $161M in IPO

The company is pursuing treatments that could target diabetes and obesity in a pill form.

February 6, 2023
Diagnostic imaging radiology and the emergency room direction signs at Northwestern Medicine Central DuPage Hospital in the Chicago western suburbs.

Are large health systems delivering better outcomes?

"Small quality differentials combined with large price differentials suggests that health systems have not, on average, realized their potential for better care at equal or lower cost," Harvard researchers found. 

 

February 2, 2023
Some patients with certain autoimmune diseases in some states are finding it difficult to obtain their prescriptions for methotrexate as a result of changing abortion care laws.

Walgreens may sell $2B pharmacy automation business

The move comes as Walgreens is shoring up its business amid a period of big transactions in the healthcare space.

January 26, 2023

CVS Health reportedly seeking to acquire Oak Street Health for $10B

CVS Health is exploring a sale of Oak Street Health, a primary care provider for Medicare patients, in a deal that could fetch $10 billion. The news was first reported by Bloomberg.

January 10, 2023

Around the web

Half a year after President Biden officially directed federal agencies in the executive branch’s bailiwick to “seize the promise and manage the risks” of AI, the White House has posted a status report.

U.S. physicians often receive payments from medical device manufacturers and pharmaceutical companies. New research in JAMA found a connection between receiving such payments and using specific devices—should the industry be concerned? 

Five of the largest U.S. medical societies focused on cardiovascular health are one step closer to seeing their paradigm-shifting proposal become a reality.

Trimed Popup
Trimed Popup