by glennkalinoski | Dec 14, 2022 2:54 pm | Ambulatory Surgery Centers, Medical Office Buildings, Other Services
Steve Bolen provided encouraging news for attendees at the December 13 New York Healthcare Summit in New York City’s financial district. “For 2022, health care was among the top targeted sectors for expansion within virtually every one of our capital sources,” said... Read More »
by glennkalinoski | Dec 12, 2022 12:06 pm | Medical Devices
Boston Scientific has entered into an agreement to acquire a majority stake in Acotec Scientific Holdings Limited. The proposed price is HK$20 per share, which represents a total upfront cash payment consideration of approximately $523 million USD for the 65% stake.... Read More »
by glennkalinoski | Dec 6, 2022 2:51 pm | eHealth
Carenet Health has acquired Stericycle Communication Solutions. The combined entity provides 1 in 3 Americans with access to Carenet offerings and works with 14 of the top 20 health systems in the United States, as well as 1,000 other healthcare companies. Terms of... Read More »
by glennkalinoski | Dec 6, 2022 11:34 am | Private Equity
Kevin Moyer didn’t hesitate when asked if there would be a reduction in 2023 regarding healthcare M&A activity due to rising interest rates. “Absolutely,” he said. “The cost of capital is high and it will only get higher as the Fed continues to raise rates.... Read More »
by glennkalinoski | Dec 6, 2022 9:05 am | Laboratories, MRI & Dialysis
Bionano Genomics has acquired Purigen Biosystems in a deal valued at up to $64 million. This includes $32 million in cash paid at closing subject to adjustment for, among other things, cash, unpaid indebtedness, unpaid transaction expenses and net working capital... Read More »