InsuranceNewsNet January 19, 2020
Health care merger and acquisition activity essentially held steady in the fourth quarter of 2019, compared with the third quarter. The number of deals announced fell 3%, to 442, compared with the previous quarter’s 456 transactions, and was 12% lower than the 504 deals announced in the same quarter in 2018. Combined spending in the fourth quarter totaled $63.4 billion, up 22% compared with the previous quarter’s $52.1 billion. It was 47% greater than the approximately $43.1 billion reported in the same quarter in 2018, according to HealthCareMandA.com
Healthcare services transactions made up 69% of the fourth quarter’s deal volume, similar to the previous four quarters. The Long-Term Care sector once again ranked the busiest, with 110 deals and a...
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