Healthcare M&A Activity in Third Quarter Leveled Out

Healthcare M&A Activity in Third Quarter Leveled Out

Things felt tough in the third quarter. According to the Centers for Disease Control, the United States passed 7 million cases of COVID-19, with over 200,000 confirmed deaths, or 20% of the deaths caused by the pandemic worldwide. The 2020 presidential election kicked into full swing, but no one seems thrilled by reports coming out of the race. The healthcare M&A market, however, showed promise. According to results in our HealthCareMandA.com Deal Database, deal volume in Q3:20 remained flat compared with Q2:20; stabilization is a welcome change after months of decline. In Q3:20, there were 342 transactions announced, compared with 341 deals in Q2:20 and 461 in Q3:19. Source:... Read More »
Health Care M&A Deals, October 2, 2020

Health Care M&A Deals, October 2, 2020

The Health Care M&A deals chart is a selection of transactions announced during the prior week(s). The M&A transactions presented here are from our HealthCareMandA.com Deal Database, which is updated daily to provide our subscribers with the most up-to-date information and trends in the healthcare industry. The largest deal of the week is AEW Capital Management’s purchase of a Welltower (NYSE: WELL) portfolio consisting of 10 seniors housing communities and 1,507 units located in California, Nevada and Washington. They were primarily independent living communities, with assisted living, memory care and multifamily units too. The purchase price was just over $700 million. To... Read More »
Health Care M&A Deals, October 2, 2020

Health Care M&A Deals, September 25, 2020

The Health Care M&A deals chart is a selection of transactions announced during the prior week(s). The M&A transactions presented here are from our Deal Search Online database, which is updated daily to provide our subscribers with the most up-to-date information and trends in the healthcare industry. The largest deal of the week is Illumina, Inc.’s acquisition of GRAIL for $8 billion. GRAIL was founded by Illumina in 2016 and was spun out as a standalone company raising $2 billion. The company uses Illumina’s NGS technology to develop data science and machine learning and create the atlas of cancer signals in the blood, enabling multi-cancer early detection tests. Illumina... Read More »
Health Care M&A Deals, October 2, 2020

Health Care M&A Deals, September 18, 2020

The Health Care M&A deals chart is a selection of transactions announced during the prior week(s). The M&A transactions presented here are from our Deal Search Online database, which is updated daily to provide our subscribers with the most up-to-date information and trends in the healthcare industry. The largest deal of the week is MetLife, Inc.’s acquisition of Versant Health for roughly $1.68 billion. With this acquisition, MetLife will become the third largest U.S. vision insurer by membership. The transaction will strengthen and differentiate MetLife’s vision benefit offering with one of the industry’s broadest networks of providers and plan options.... Read More »
Health Care M&A Deals, October 2, 2020

Health Care M&A Deals, September 11, 2020

The Health Care M&A deals chart is a selection of transactions announced during the prior week(s). The M&A transactions presented here are from our Deal Search Online database, which is updated daily to provide our subscribers with the most up-to-date information and trends in the healthcare industry. The largest deal of the week is the divestment of MEDNAX Radiology Solutions by MEDNAX, Inc. (NYSE: MD) for $885 million. MEDNAX Radiology Solutions, which consists of more than 300 onsite radiologists who primarily serve patients in Connecticut, Florida, Nevada, Tennessee and Texas, and more than 500 teleradiologists, who serve patients in all 50 states. Its physicians interpret 11.8... Read More »
Healthcare M&A Activity in Third Quarter Leveled Out

How Has COVID-19 Shaped the Healthcare M&A Market?

Examining the healthcare M&A market in 2019 may seem like a strange endeavor since, for many of us, it feels like an entirely different era. But there’s value in analyzing how the healthcare M&A market in August 2020 differed from the one in August 2019, even if they both represent radically different times. The snapshot of the past will help us see how the market has changed, identifying new trends and creating a roadmap for future acquisitions.  In August 2019, there were 149 transactions publicly announced, with $28.03 billion in disclosed spending, according to Deal Search Online. Transactions in the services sectors comprised the majority of activity in August 2019 at... Read More »