Key M&A Trends in 2024
72 hospitals involved in M&A deals
45 organizations participated in divestitures
30.6% of transactions involved financially distressed organizations
Average seller revenue reached $401 million
Hospital Financial Performance
Operating margin index at 4.6% in November 2024
Declining…
What You Should Know:
– Iris Telehealth, a leading provider of telepsychiatry services, announced the acquisition of innovaTel, a division of Quartet Health renowned for its expertise in treating complex mental health conditions. Financial details…
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Last year’s M&A activity in the healthcare sector signaled an unsteady financial recovery for the nation’s hospitals, according to a new report from Kaufman Hall.
The report found that there were 72 M&A deals among…
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Here is some of the notable M&A activity that occurred among healthcare providers in Q4 2024:
UnitedHealth Group and Amedisys
In November, the Department of Justice released a statement announcing its intent to block UnitedHealth Group’s…
What You Should Know:
– Health Catalyst, Inc. (“Health Catalyst,” Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced it has signed a definitive agreement to acquire…
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What You Should Know:
– Lantheus Holdings, Inc. (NASDAQ: LNTH), a leading radiopharmaceutical company, announced a definitive agreement to acquire Life Molecular Imaging Ltd. for $350M upfront and up to an additional $400M in potential…
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Top News
Transcarent, which offers employee healthcare benefits navigation services, acquires rival Accolade for $621 million in cash.
ACCD shares have lost 78% in the past 12 months and are down 90% since the company’s…
What You Should Know:
– Transcarent, a health and care platform, announced today that it will acquire Accolade (NASDAQ: ACCD), a leader in health advocacy and primary care, for $7.03 per share in cash, representing…
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What You Should Know:
– ONRAD Inc., a provider of teleradiology and comprehensive radiology solutions, announced the acquisition of Direct Radiology from Royal Philips. Financial terms of the acquisition were not disclosed.
– Direct Radiology, founded…
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What You Should Know:
– Predictive Oncology Inc. (NASDAQ: POAI), a leader in AI-driven drug discovery, announced its upcoming acquisition by Renovaro, Inc. (NASDAQ: RENB) in a strategic move aimed at accelerating innovation and improving…
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