Medical Economics July 14, 2021
Fewer deals, but more money due to strategy shift
Total revenue remains high as health systems have changed their focus from acquisitions of small independent hospitals to regional partnerships, according to an analysisfrom Kaufman Hall. This is despite the fact that there were significantly fewer M&A deals.
Through the second quarter of 2021, total revenue is the second highest in recent years at $17.2 billion with 27 transactions. In 2020, revenue for the same period was $17 billion with 43 transactions.
Activity in the second quarter was below pre-pandemic historical averages with 14 announced transactions, though this was consistent with second quarter, 2020 levels. The smaller number of transactions was offset by a high number of transactions with seller revenue...