DOTmed January 13, 2021
Mergers and acquisitions among hospitals and health systems have remained strong, with a total of 79 deals taking place in 2020, including seven mega mergers between companies with over $1 billion in revenue.
In a new report, Kaufman Hall attributes this trend to the pandemic itself, saying that the virus may actually be a catalyst rather than a deterrent for strategic partnerships and tactical transactions.
“The COVID-19 pandemic added momentum to an even more powerful force: the ongoing transformation of healthcare to embrace new models of care, population management, and increased collaboration by providers and insurers. In addition, health systems with access to more resources are better positioned to respond to COVID-19 outbreaks, whether through separate facilities for COVID and...
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