Fierce Healthcare July 11, 2024
Hospital and health system dealmaking volume fell from a busy start of the year, though a couple of megamergers and “an emphasis on strategy over scale” have kept the sector pretty lively through the second quarter.
Per a Kaufman Hall report published this week, 11 health system transactions were announced during the three months ended June 30, well below 2022’s 20 and the counts of prior years.
Total transacted revenue during the quarter was $10.8 billion, which was also below the last two year’s second quarters but more in line with earlier years’ tallies. The firm wrote that the quarter kept pace thanks in part to a pair of major deals: Kaiser Permanente and Risant Health’s plans to add Cone...
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