Healthcare Innovation October 3, 2024
The latest Kaufman Hall mergers and acquisitions report finds an exceptional level of activity
Twenty-seven hospital merger and acquisition transactions were announced in the third quarter of 2024, the highest Q3 volume seen since 2017, according to the latest merger and acquisition (M&A) report from the Chicago-based Kaufman Hall consulting and advisory firm, published on Oct. 3.
According to Kaufman Hall, “Almost half the activity in the third quarter resulted from the Steward Health Care bankruptcy, including one of four mega-mergers for the quarter. Total transacted revenue for Q3 2024 reached a high of $13.3 billion.”
Kaufman Hall notes that “One of the 11 transactions related to the Steward bankruptcy—Health Care Systems of America’s assumption of operations at eight hospitals...