Healthcare Mergers and Acquisitions Report - Third Quarter of 2015

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Q3 2015 Capital Markets: Market Movers
Top 3 Overperformers
Company Market Close Three Month Change Recent News
$140.07 22.8%
In a recent interview on CNBC's "On The Money" program,
Athenahealth CEO Jonathan Bush said, "The lion's share of
routine healthcare will be ... managed online. I'm sure of it."
Athenahealth provides cloud-based record keeping and medical
billing for 65,000 doctors and 62 million patients.
$136.32 4.3%
On September 18th UHS put in place a definitive agreement to
acquire Foundations Recovery Network, LLC for approximately
$350 million. FRN provides treatment for those with dual
diagnosis substance abuse and mental health disorders.
$11.63 4.3%
On July 10th Smith & Nephew plc (LSE:SN.) acquired DC LLC
and Orthopedics Business of DeOst LLC from Deost Ltd.
Top 3 Underperformers
Company Market Close Three Month Change Recent News
$3.14 -33.9%
Five Star Quality Care Inc. (NYSE:FVE) entered into an
agreement to acquire two senior living communities with a
combined 152 living units for $26 million in March 2015. Five Star
expects this transaction to close during 2015.
$10.21 -32.7%
On July 28th Psychemedics announced its Q2 results where it
reported $7.0 million in revenue versus $7.7 in the same quarter
in 2014, which was a decrease of 9%. Net income also decreased
significantly in this quarter versus last year’s numbers.
$16.93 -13.8%
On September 16th Fujian Thaihot Investment Co., Ltd. agreed to
acquire 52.6% stake in Alliance Healthcare Services, Inc.
(NasdaqGM:AIQ) from OCM and others. Fujian Thaihot will
acquire 5.5 million shares at $18.5 per share.
Source: Public Filings; Industry Newswires and Capital IQ as of 9/16/15