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Provident Healthcare Partners Provident Healthcare Partners

CGMS Spurs ‘Broader Push’ from Buyers

Provident Healthcare Partners
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A pair of deals in the fourth quarter of 2024 highlights the attraction of the patient-direct market for continuous glucose monitors, say M&A analysts.

In December, Cardinal Health announced it plans to spend $1.1 billion to buy Carlsbad, Calif.-based Advanced Diabetes Supply, a national provider that serves about 500,000 diabetes patients annually, and in November, Henry Schein said it had signed an agreement to buy Tampa, Fla.-based Acentus, a national provider of CGMs with $35 million in annual revenue.

Access the full article to read insights shared by Kevin Palamara and Brendan Schroeder: CGMS Spurs ‘Broader Push’ from Buyers

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