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. 

healthcare money economics dollar stethoscope acquire merger

CHS could divest $1B in 2024

Tennessee-based Community Health Systems (CHS) signaled it will continue to downsize after announcing a loss of $133 million for 2023 in its earnings call last week.

February 27, 2024
merger acquisition handshake deal business agreement partnership

Private equity firm acquires Agiliti

Agiliti's current majority shareholder, THL, will acquire all outstanding shares of the company in a deal valuing the enterprise at approximately $2.5 billion.

February 27, 2024

Blue Cross sale to Elevance called off in Louisiana (again)

It's déjà vu all over again as Blue Cross and Blue Shield of Louisiana has hit pause on its plan to sell to Elevance Health for the second time within a year amid scrutiny from the state.

February 15, 2024
boston scientific acquires axonics

Everside and Marathon agree to merge

Going forward, all 680 health centers in the two provider groups will combine to operate under the Marathon Health banner.

February 12, 2024

HCSC buys Cigna’s Medicare biz for $3.3B

Cigna said the deal will enable it to free up around $400 million in capital it can redeploy, effectively pushing the transaction to $3.7 billion.

February 1, 2024
Private equity-backed cardiology group partners with additional healthcare investment firm.

Practices should prep for M&A surge, says Grant Thornton

For practices that have lagged on investment, it's time to get forward-thinking about revenue cycles and make those 'go/no go' decisions, according to the advisors.

January 24, 2024
Computer Doctor

Hims & Hers, Hartford HealthCare partner for in-person care access

Providers on the online platform will be able to refer patients to HHCs primary and specialty care providers when necessary.

January 16, 2024
boston scientific acquires axonics

$3.7B acquisition shakes up urology business

Boston Scientific Corp. is purchasing Axonics in a move the buyer says will allow it to pursue a ripe segment of the urology market. 

January 8, 2024

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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