Healthcare Innovation July 9, 2024
Kaufman Hall experts: even with reduced activity, mergers and acquisitions represent record-high values
Eleven hospital mergers and acquisitions were announced in Q2 2024, indicating solid but reduced activity after a very busy Q1, according to analysis published by leaders at the Chicago-based Kaufman Hall consulting and advisory firm. What’s more, the total transacted revenue involved in the second quarter of 2024 remained near historic highs at $10.8 billion, despite fewer overall transactions. All this was included in the firm’s “M&A Quarterly Activity Report: Q2 2024.”
Kaufman Hall analysts say data show that M&A activity was undertaken by hospitals and health systems in deliberate, strategic pursuit of intellectual capital, complementary capabilities, or to support system reconfiguration. Two of the 11 announced...