Chief Healthcare Executive January 10, 2025
Many of the year’s transactions involved systems or hospitals on shaky ground. There were other noteworthy trends in mergers over the past year.
More hospitals and health systems engaged in mergers and acquisitions in 2024, and many of those deals involved an organization in financial distress, according to a new report by Kaufman Hall.
There were 72 announced hospital mergers in 2024, up from 65 announced deals in 2022. For more perspective, there were 53 hospital mergers and acquisitions in 2022.
Nearly one in three hospital mergers (30.6%) involved a party in distress, which represents a record, according to Kaufman Hall, the healthcare consulting firm. In 2023, 27.7% of hospital deals involved a provider in financial distress, and that was...
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