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. 

Business newspaper

Medtronic acquires insulin patch manufacturer for $738M

The deal represents a significant step forward for Medtronic's diabetes portfolio.

May 25, 2023
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Kaiser Permanente acquiring Geisinger, launching new nonprofit

The new entity, Risant Health, will continue growing through acquisitions and the connection of like-minded health systems.

April 27, 2023
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Merck to acquire Prometheus Biosciences for $10.8B

The acquisition is one of 2023's biggest healthcare deals so far.

April 17, 2023

Sanofi’s $2.9B acquisition of Provention Bio delayed by FTC review

According to Sanofi, it has withdrawn and refiled its premerger notification and report form with the FTC to give the agency more time to review the deal.

April 12, 2023
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Private equity in healthcare: Deals decreased in 2022, but market was still active

"Healthcare private equity has earned a recession-proof reputation," according to one expert. 

April 10, 2023
Damaged Organ

Medtronic, DaVita launch new kidney health company

"Mozarc Medical's focus will be on meaningful and innovative kidney health technologies that improve the overall patient experience and increase access to care globally," CEO Ven Manda said. 

April 6, 2023
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Cano Health leadership team in disarray after directors resign

Billionaire Barry Sternlicht, founder and CEO of Starwood Capital Group, was one of the board members who resigned.

April 5, 2023
A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.

Illumina ordered to divest Grail

The agency, which is charged with preventing fraud, deception and unfair business practices, said Illumina’s acquisition of Grail would stifle competition and innovation in the U.S. market for life-saving cancer tests.

April 3, 2023

Around the web

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. 

Jeffrey Kuvin, MD, one of the leading voices behind efforts to create a new Board of Cardiovascular Medicine, spoke with Cardiovascular Business about where things stand today.

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.

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