Merger and acquisition activity in the health care industry reached its highest level in two years during the first quarter of 2005, posting a total of 248 deals. This figure represents a 15% increase over the previous quarter’s 216 deals and a 19% increase over the...
Frankly, since the beginning of the year we had been fretting about the absence of billion-dollar deals from the health care M&A market. Until this month, that is. Two such deals were announced in the Pharmaceutical sector (and a third in Specialty Pharmacy, see...
For the past two years, the Long-Term Care sector has consistently posted the highest deal volume in health care services. Within the sector, however, deals have lopsidedly favored the assisted and independent living end of the senior care acquisition spectrum, to the...
During the fourth quarter of 2004, a total of 213 deals were announced in the 13 sectors of the health care industry. The contribution of each sector to the total appears below. As throughout the entire year, the Long-Term Care sector lead the health care services...
Ending several weeks of speculation, Johnson & Johnson (NYSE: JNJ) announced that it would buy medical device maker Guidant Corporation (NYSE: GDT) for $25.4 billion. Coming just 10 days before Christmas, this is the largest domestic health care deal of 2004, and...
Two notable deals were announced this month targeting companies that manage long-term acute care hospitals, or LTACs. In both cases, leveraged buyout firms initiated transactions to buy out operators of multiple LTACs. The rationale for each, however, is different,...