First Half of 2016 Shows Strength in M&A

Ever since the rally in health care mergers and acquisitions began in 2014, we’ve been waiting for the inevitable slam-on-the-brakes quarter. That rally was sparked by the advent of newly insured families and individuals entering the healthcare market, beginning on January 1, 2014. Thanks to the Affordable Care Act, passed in 2010, health care M&A topped 1,000 transactions that year and has never looked back. Isn’t it about time for the party to end? Not according to our data for the first six months of 2016, compared with the same period in 2014 and 2015. (But if you read our monthly M&A roundup on page 18, you may have second thoughts.) In the first half of 2016, deal volume... Read More »

Don’t Let IT Blow Up a Good Deal

Our Editor, Lisa Phillips, sits down with Owen Grohman, Director of Services at Worldwide Supply, to talk about healthcare information technology, and how it can make or break an acquisition.   Read More »

Royal Philips Expands With Population Health Management

Royal Philips (NYSE: PHG), the leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, has just acquired Georgia-based Wellcentive, Inc., a privately-held provider of  cloud-based population health management and data analytics solutions for physicians and their organizations, for an undisclosed price. Wellcentive’s capabilities include importing, aggregating and analyzing clinical, claims and financial data across healthcare and hospital systems to allow providers to enhance their coordinated care delivery to satisfy new requirements and reimbursement models. Wellcentive’s applications will be assimilated into the Philip’s HealthSuite Cloud. This... Read More »

June 2016 M&A Results Show Strength

Uncertainty is the hobgoblin of the merger and acquisition markets, and the month of June was a high point (or low point, depending on your perspective) for anxiety in global financial markets. Still, the healthcare deals kept rolling in. Our preliminary total for June 2016 stands at 115 transactions, exactly equal with the same month a year ago. Compared with May’s total of 141 deals, though, June’s total does look as if someone is applying the brakes. It takes 12 months to make a year, though, and one month’s results do not create a trend. The digital health sector turned in the strongest gain compared with June 2015, when only two deals were announced. This June, 22 deals were announced... Read More »

Q2:16 Results Defy Brexit and Other Uncertainties

You’ve seen the headlines: Global mergers and acquisitions slid in the first half of 2016, as did the combined value. The number of middle market deals completed in the second quarter fell to levels not seen since 2009. Buyers are walking away from targets that could be affected by sudden changes in tax regulations. It’s all thanks to Brexit and the U.S. presidential election. Then there’s the healthcare market. Deal volume actually increased compared with the previous quarter in 2016, and the same quarter a year ago. Deal volume for Q2:16 reached 396 announced transactions, up 11% versus Q1:16’s 358 deals, and 15% higher than last year’s 344 deals in the second quarter. For the first half... Read More »

Bravo to Healthcare Cyber-Security

Thoma Bravo, LLC, a leading private equity investment firm is certainly investing in the future with its latest acquisition of Imprivata® (NYSE: IMPR), a Massachusetts-based healthcare IT security company. Imprivata®’s technology enables healthcare organizations worldwide to access, communicate and transact patient information securely while also addressing critical compliance and security challenges. Thoma Bravo paid approximately $544 million for the company. As healthcare continues to go paperless, the need for strong and compliant security technology coupled with ease of access will only continue to grow. Read More »