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Private equity health care deals topped $45.7 billion last year, out of nearly $90 billion in total global healthcare deals, in the second-highest year on record for PE firms, according to a new report from consulting firm Bain & Company, reports Healthcare Dive. Transactions were buoyed by a strong first half of the year, with PE deals declining in the second half due to geopolitical tensions from Russia’s invasion of Ukraine, rising Federal Reserve interest rates and growing inflationary pressures.