Medical Economics October 8, 2020
Pandemic has had little impact on deals.
An examination of third quarter merger and acquisition activity by consulting firm KaufmanHall shows that the COVID-19 pandemic has done little to slow the pace of deals in the health care industry.
Four transformational transactions were announced in the quarter, which ties the highest number of transformational deals in a single quarter. In addition, two significant community health systems moved forward with their partnership deals, and the average size of seller by annual revenue remains at historically high levels, at just under $400 million in the third quarter.
Nonprofit hospitals and health systems were particularly active. Seventeen of the 19 announced transactions were acquisitions by nonprofit organizations, with...