Brown’s Medical Imaging and Prestige Medical Imaging Merge
Brown’s Medical Imaging announced that it has completed its merger with Prestige Medical Imaging (PMI), unifying the organization under the Brown’s Medical Imaging brand. PMI is the largest independent radiology service and solutions provider in the Eastern United States. Its customer base includes private practice practitioners, professional sports teams and hospital healthcare networks. The company sells, services and supports a vast array of modalities across numerous manufacturers. Founded in 1995 and headquartered in Omaha, Nebraska, Brown’s Medical Imaging is a medical imaging solutions company providing equipment, service, maintenance, services and support to hospitals,... Read More »
GE HealthCare Inks Deal to Acquire Intelerad for $2.3 billion
On November 20, GE Healthcare revealed plans to buy medical imaging software firm Intelerad in a $2.3 billion all-cash deal aimed at strengthening its foothold in outpatient healthcare markets. The deal gives GE HealthCare, whose equipment are prominent in hospitals, access to Intelerad’s cloud-based medical imaging software and other solutions that are used by outpatient care clinics. Intelerad is a leading medical imaging software and digital enterprise workflow solutions company with a significant presence in outpatient ambulatory care settings. Its cloud-first products are designed for radiology and cardiology and extend across both inpatient and outpatient care settings. GE... Read More »
Abbott to Acquire Exact Sciences for $21 Billion
On November 20, Abbott and Exact Sciences announced a definitive agreement for Abbott to acquire Exact Sciences. The deal will enable Abbott to enter and lead in cancer diagnostics segments, serving millions more people. Under the terms of the agreement, Exact Sciences shareholders will receive $105 per common share, representing a total equity value of approximately $21 billion and an estimated enterprise value of $23 billion. Abbott’s financing contemplates absorption of Exact Sciences’ estimated $1.8 billion of net debt. As a leading provider of cancer screening and diagnostics tests, Exact Sciences helps patients and healthcare providers make timely, informed decisions... Read More »
RadNet Announces Three Acquisitions in November
Since the start of November, RadNet, Inc. has announced three acquisitions: River Radiology, CIMAR UK and Alpha RT assets. With these acquisitions, RadNet has announced 11 transactions throughout the year. River Radiology is a radiology practice based in Kingston, New York. It provides digital radiology, ultrasound, MRI and CT scan services. The number of physicians on staff was not disclosed. Steve Forthuber, COO of RadNet, said RadNet plans to merge the imaging center with its Lenox Hill Radiology network of centers across downstate New York. CIMAR UK is a provider of cloud-native healthcare image management solutions. CIMAR’s infrastructure supports data... Read More »
Align Capital Partners-Backed Premier Biotech Acquires National Test Systems
On November 5, Premier Biotech announced that it acquired National Test Systems (NTS) for an undisclosed price. NTS is a leading provider of rapid point-of-care diagnostic drug screening supplies and services throughout the United States. NTS serves more than 1,500 facilities and is based in Boca Raton, Florida. Premier Biotech delivers rapid and innovative diagnostic solutions that promote health, safety and compliance. The company is a leading provider of proprietary oral fluid (OralTox® and OT-Scan®) and other products, services and technology solutions designed to simplify and provide a seamless end-to-end experience for customers. Premier Biotech’s integrated offering is... Read More »Schedule a demo
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