RevCycle Intelligence April 8, 2021
Hospital merger and acquisition activity was down at the start of 2021, but larger hospitals and health systems were still active.
Hospital merger and acquisition activity was significantly down in the first quarter of 2021 despite larger-than-average transaction sizes, according to a new report from Kaufman Hall.
Hospitals and health systems announced just 13 merger and acquisition deals at the start of 2021, coming in below recent historical averages, the consulting firm found.
However, the smaller number of deals was offset by a higher number of “mega” mergers and acquisitions in which the smaller organization has revenues between $500 million and $1 billion.
The average seller size by revenue in the first quarter of 2021 was $676 million—well above historical...