MedTech Dive January 12, 2021
Dive Brief:
- The COVID-19 pandemic delivered an economic shock to the healthcare industry that has accelerated the need for strategic and financial partnerships and should serve as a catalyst for a fresh uptick in deals in the year ahead, according to new reports from consulting firms BDO and Kaufman Hall.
- Even amid a new surge in COVID-19 infections, industry participants are moving “with haste” to forge these tie-ups, BDO said, with 44% of CFOs surveyed expecting the pandemic to drive an increase in partnerships across the healthcare ecosystem and 42% predicting further consolidation.
- While hospitals and health systems in particular saw fewer merger transactions in 2020 compared to the year before (79 deals versus 92), the number still is...
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