Becker's Healthcare July 6, 2020
Nine of the 14 healthcare transactions in the second quarter involved for-profit sellers, including for-profit health systems looking to reshape their portfolios, according to Kaufman Hall’s M&A Quarterly Activity Report.
Six things to know from the report:
1. There were 14 healthcare transactions announced in the second quarter. This is a slowdown from the first quarter when there were 29 transactions announced. However it is down slightly from the 19 transactions announced in the second quarter of 2019.
2. In the second quarter, six of the 14 announced transactions were divestitures by major for-profit health systems, such as Franklin, Tenn.-based Community Health Systems, Brentwood, Tenn.-based Quorum, and Nashville, Tenn.-based HCA Healthcare. There were also three other deals involving for-profit...