1. Abbott acquires St. Jude Medical for $25B
Global medical device manufacturers Abbott Park, Ill.-based Abbott Laboratories and Saint Paul, Minn.-based St. Jude Medical reached a definitive agreement in April for Abbott to acquire St. Jude Medical for $25 billion. The transaction is expected to close at the end of the fourth quarter of 2016.
2. Blackstone to acquire TeamHealth in $6B deal
In October, the board of TeamHealth, a Knoxville, Tenn.-based physician services organization, unanimously approved an agreement to be acquired by Blackstone — a private equity, investment banking and asset management corporation — for $6.1 billion, including debt and other factors. The deal is expected to close in the first quarter of 2017, according to Fortune.
3. Pfizer to acquire Anacor in $4.5B deal
After calling off its deal with Allergan earlier this year, New York City-based Pfizer acquired Palo Alto, Calif.-based Anacor Pharmaceuticals in a deal worth $4.5 billion in April.
4. Group Health approves $1.8B acquisition by Kaiser
In March, voting members of Seattle-based Group Health Cooperative agreed to sell the organization to Oakland, Calif.-based Kaiser Permanente. Group Health officials said the deal is expected to close in early 2017.
5. Capella, RegionalCare merge into $1.7B company
Brentwood, Tenn.-based RegionalCare Hospital Partners and Franklin, Tenn.-based Capella Healthcare merged in May to create a combined company with 18 hospital campuses in 12 states.
6. Three-way supply chain merger creates $1.4B company
A merger between three medical supply distributors — A Medical Supply Company, Kreisers and Seneca Medical — created a new company in April with approximately $1.4 billion in annual sales.
7. ICU Medical to buy Pfizer’s infusion business for $1B
San Clemente, Calif.-based medical device manufacturer ICU Medical acquired New York City-based Pfizer’s infusion-systems business in a $1 billion cash-and-stock deal in October.
8. HCA inks $750M deal to sell Oklahoma hospitals
In October, Nashville, Tenn.-based HCA agreed to transfer ownership of its Oklahoma hospitals to an affiliate of the University Hospitals Authority and Trust in Oklahoma City. HCA will receive $750 million under the agreement. The transaction, which requires customary regulatory approvals, is expected to close in the first half of 2017.
9. Physicians Realty Trust discloses $725M deal with CHI
In April, Physicians Realty Trust, a self-managed healthcare properties real estate investment trust, disclosed it was boosting its portfolio with the addition of 52 medical office facilities owned by Englewood, Colo.-based based Catholic Health Initiatives. PRT closed the first tranche of the CHI acquisition in May and closed the second tranche in July. PRT acquired the CHI properties for approximately $628 million.
10. Kindred inks $700M deal to buy 36 SNFs from Ventas
As part of Kindred Healthcare’s plan to exit the skilled nursing facility business, the Louisville, Ky.-based company inked agreements in November to purchase the 36 SNFs it currently leases from Ventas, a Chicago-based real estate investment trust.
11. WellCare Health Plans to buy Universal American for $600M
Tampa, Fla.-based WellCare Health Plans acquired White Planes, N.Y.-based Universal American for $10 per share, or approximately $600 million in total, in November.
More articles on transactions and valuations:
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Aurora Health Care to operate clinics at select Walgreens locations
