We’re just about to publish our third quarter results this week, but wanted to give you a sneak preview of how the third quarter stacks up against Q2:15 and the same quarter a year ago. Here’s the chart.
GE Healthcare (NYSE: GE) sold Clarient, Inc. and its wholly owned subsidiary Clarient Diagnostic Services, Inc., which provides comprehensive cancer diagnostic testing to hospitals, physicians and the pharmaceutical industry. The acquirer was NeoGenomics, Inc. (NASDAQ: NEO), which, together with its subsidiary, NeoGenomics Laboratories, Inc., operates a network of cancer-focused testing labs providing genetic and molecular services. The […]
The institutional pharmacy services company PharMerica Corporation (NYSE: PMC) moved into western New York with its acquisition of McGuire Group Pharmacy, a subsidiary of McGuire Group in Cheektowaga, New York (a suburb of Buffalo). McGuire Group operates skilled nursing facilities in western New York, Long Island and Michigan, and is selling its pharmacy division, which […]
Netsmart Technologies, which provides post-acute electronic health records and technology for health and human services providers, acquired Little Rock, Arkansas-based Lavender & Wyatt Systems, which provides electronic health records and related services for behavioral health providers. LSWI clients will now have access to Netsmart’s CareRecord EHR optons and arange of other solutions and services that help […]
Okay, so we had a record third quarter in 2015, with more than 390 deals (we’re still counting) and $198 billion-plus in spending. Looking ahead to the fourth quarter, consolidation in many sectors is still strong, as rivals realize they may need to join forces to achieve scale. Case in point: AmSurg Corporation (NASDAQ: AMSG) made […]
Late last week came word that Community Intervention Services, a portfolio company formed by H.I.G. Growth Partners, acquired Northstar Psychological Services in Alpharetta, Georgia. Northstar Psychological provides community-based behavioral health services to individuals and families across 38 counties in Georgia. The company employs a clinical staff of more than 90, and provided treatment to more than […]
The largest deal announced last week created the largest private healthcare provider in the United Arab Emirates, which may be why you didn’t hear much about it. The South African private hospital company Mediclinic International Ltd. (OTCQB: MCFFY) won the approval of the board of Al Noor Hospitals Group plc, based in Abu Dhabi, UAE, […]
Only half way through October, we’ve seen three transactions targeting a medical imaging company in our Laboratories, MRI & Dialysis sector. That brings to 10 the number of imaging targets in 2015, out of the current total of 39 deals recorded in the sector. It began on October 1, with Konica Minolta Medical Imaging USA‘s […]