Insider Intelligence May 2, 2022
The news: Healthcare M&As were booming in the last couple of years, but there’s been a sharp decline in 2022 so far, per KPMG’s recent report.
- Healthcare M&A deals went down by 34% from Q4’2021 to Q1’2022. Private equity-related M&A deals went down even more sharply, by 50%.
- The biggest deals in Q1’2022 were focused on digital health.
The biggest deals in Q1’2022:
- R1 RCM acquired Cloudmed for $4.1 billion.
- Centene acquired Magellan Health for $3.27 billion.
- Medtech firm Stryker acquired digital care coordination company Vocera for around $3 billion.
- Telehealth company SOC Telemed was acquired by healthcare investment firm Patient Square Capital for $385 million in February.
- Digital clinical trials platform Medable...