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. 

Pfizer in talks to acquire Seagen in deal worth more than $30B

Pharmaceutical giant Pfizer is reportedly in talks to acquire Seagen, a biotechnology company focused on developing cancer therapies.

February 27, 2023
Tim Attebery, DSc, MBA, the CEO of Cardiovascular Associates of America and former CEO of the American College of Cardiology (ACC)

Q&A: Tim Attebery on why private equity-backed management companies are investing in cardiology

The CEO of Cardiovascular Associates of America, and former CEO of the American College of Cardiology, shared his perspective on the rise of private equity investments in cardiology. 

February 22, 2023
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UnitedHealth Group closes $5.4B acquisition of LHC Group

UnitedHealth Group has closed its $5.4 billion acquisition of home health care giant LHC Group, the company confirmed in a new filing.

February 22, 2023
Amazon is acquiring One Medical in a $3.9 billion deal

Amazon closes $3.9B acquisition of One Medical

The closure of the deal comes after Amazon faced some backlash toward the acquisition, with some arguing the move gives the retailer too much power.

February 22, 2023
Private equity investors have grown more and more interested in cardiology in recent years. Roger Strode, a partner with the global law firm Foley and Lardner LLP, explains why this is.

Q&A: What the rise of private equity investments in cardiology means for cardiologists and their patients

Private equity investors have grown more and more interested in cardiology in recent years. Why the sudden shift? And what does it mean for patient care going forward? 

February 15, 2023
partnership business deal joint venture

Cardiovascular Associates of America welcomes Florida practice to its growing network

The private equity-backed organization now has eight partner practices in its network. 

February 10, 2023

GE HealthCare acquires AI ultrasound company

The deal will fold Caption Health into GE HealthCare’s $3 billion ultrasound business, supporting the portfolio with AI-enabled imaging.

February 10, 2023
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Globus Medical to acquire NuVasive for $3.1B

"This transaction reflects our mission to become the leading musculoskeletal technology company in the world by developing products that promote healing in patients with musculoskeletal disorders," said Dan Scavilla, president and CEO of Globus Medical.

February 9, 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.

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