Medical Device Makers Upgrade with Digital Health Deals

Dylan Sammut  Acquisitions, eHealth, Medical Devices  , , , , , ,  Leave a comment

This week BioTelemetry, Inc. (NASDAQ: BEAT) purchased Geneva Healthcare, Inc. for $45 million, continuing the 2018 trend of medical device companies acquiring digital health groups. BioTelemetry provides cardiac monitoring device manufacturing and monitoring and wanted Geneva’s proprietary cloud-based platform. Its technology aggregates data from device manufacturers’ systems, enabling a company to remotely monitor a patient’s implantable cardiac devices […]

 

Healthscope Changes Hands Again

Lisa Phillips  Acquisitions, Hospitals, REIT  , , , , , ,  Leave a comment

Healthscope Ltd. (ASX: HSO), Australia’s second largest private hospital chain, is being sold once again, this time for $4.14 billion, or 1.8x revenue. The Melbourne, Victoria-based company owns 43 hospitals across all states in Australia and is the largest pathology services provider in New Zealand, with 24 laboratories. Three buyers are involved, two of them real […]

 

Good Samaritan Sells its SNFs in New Mexico

Lisa Phillips  Acquisitions, Long-Term Care    Leave a comment

Evangelical Lutheran Good Samaritan Society (known as “Good Sam” in its home town of Sioux Falls, South Dakota) recently sold two skilled nursing facilities in New Mexico to a Southern California-based private investor looking to expand in the Land of Enchantment. The facilities totaled 150 skilled nursing beds and 25 independent/assisted living units. Both were […]

 

Thermo Fisher Sells Its Anatomical Pathology Business

Lisa Phillips  Acquisitions, Laboratories, MRI & Dialysis  , , , ,  Leave a comment

Shortly before it reported fourth quarter and full-year earnings results, Thermo Fisher Scientific (NYSE: TMO) announced the sale of its anatomical pathology (AP) business for $1.14 billion. The buyer, Tokyo-based PHC Holdings Corporation, is a global healthcare company developing and manufacturing medical equipment and products across diabetes care, diagnostics, life sciences and healthcare information technology. […]

 

Health Care M&A Deals, Week Ending January 25, 2019

Dylan Sammut  Acquisitions, Weekly deal chart  Leave a comment

The Health Care M&A Weekly chart is a selection of transactions announced during the prior week(s). The deals presented here are from our Deal Search Online database, which is updated every business day, in the quarterly report. Visit www.dealsearchonline.com to see how Deal Search Online can help you stay up-to-date on the healthcare market overall, or in a particular […]

Watch Out: Eye Care Groups Are Selling Fast

Dylan Sammut  Acquisitions, Physician Medical Groups, Private Equity  , , , , ,  Leave a comment

With an already impressive 16 Physician Medical Group deals in January alone (and we still have a week left), six of those have been ophthalmology practice deals. To put that in context, there were a total of 11 in the fourth quarter of 2018. If the trend continues, that number will be easily eclipsed in […]

Centene Corp. Buys QualChoice

Lisa Phillips  Acquisitions, Managed Care  , , , ,  Leave a comment

Centene Corporation (NYSE: CNC) is on the move. Just days after announcing its 89% stake in a Madrid hospital, the insurer came back with a deal to buy QualChoice Health Insurance from Catholic Health Initiatives (CHI), one of the largest not-for-profit hospital systems in the United States. The deal isn’t officially announced but has been acknowledged […]

Health Care M&A Deals, Week Ending January 18, 2019

Dylan Sammut  Acquisitions, Weekly deal chart  Leave a comment

The Health Care M&A Weekly chart is a selection of transactions announced during the prior week(s). The deals presented here are from our Deal Search Online database, which is updated every business day, in the quarterly report. Visit www.dealsearchonline.com to see how Deal Search Online can help you stay up-to-date on the healthcare market overall, or in a particular […]