In Law360, Tim McCrystal Discussed the Top 2025 Health Care Deals and Trends

In The News
December 17, 2025

Health care partner and practice co-chair Tim McCrystal provided insight in two Law360 articles recapping the most significant health care and life sciences transactions and trends of 2025.

Tim named the Walgreens Boots Alliance $23.7 billion take-private acquisition by private equity firm Sycamore Partners in which Ropes & Gray served as health care regulatory counsel to WBA led by health care partners Adrianne Ortega and Tim.

Tim said he has seen a general budget tightening across health care providers impacted by rising costs and the federal government budget. He notes that while the impacts will be different across states, many health care clients have analyzed the federal budget bill and sought to quantify the impact on their business. At the close of the year, many have had time to adjust their business plans and are ready to move forward.