Axial*'s third quarter, 2014 snapshots of deal activity in key business sectors (Energy, Manufacturing, Healthcare, Tech).
Third quarter deal flow in Healthcare & Life Sciences reached the highest level this year - an increase of 28% quarter-over-quarter. Healthcare Services deals topped that of other Healthcare subsegments: Facilities, Equipment, Life Sciences Tools & Services, Supplies. Industry executive, Brent Earles, suggested that:
"Many medical groups, independent practice associations, hospitals, and health systems will merge or be acquired. These transactions will drive systems to gain increased access points, greater critical mass, expanded population health management knowledge, and a stronger presence in geographic areas or regions.”
*Axial is a largest network for professionals who run, advise & finance private companies. >>Read more
Today's news from Colorado supports Mr. Earles' premise. DaVita HealthCare Partners announced its intention to acquire Colorado Springs Health Partners (CSHP). DaVita is a provider of population health and kidney care services. The completed acquisition will add another multi-specialty medical group with 100+ physicians at 11 locations to the organization. The company already manages medical groups in six other states: California, Nevada, Florida, Arizona, New Mexico, Pennsylvania. >>Read more