RevCycle Intelligence July 6, 2020
COVID-19 had a less dramatic decline in hospital merger and acquisition activity, with two major deals announced in June, Kaufman Hall reports.
While COVID-19 has resulted in substantial revenue losses for healthcare providers, the pandemic has had less of a dramatic impact on hospital merger and acquisition activity. In fact, the crisis has demonstrated the benefits of potential deals, according to healthcare consulting firm Kaufman Hall.
Hospitals and health systems announced 14 transactions during the second quarter of 2020, the latest M&A Quarterly Report showed. The volume of transactions represented a decrease compared to the prior quarter in which 29 transactions were announced, but it was not a significant reduction year-over-year, the report found. There were 19 merger and acquisition...