American Hospital Association October 12, 2021
A new analysis prepared for the AHA by Kaufman, Hall & Associates, LLC and released today shows a range of partnerships, mergers and acquisitions can be an important tool for keeping financially struggling hospitals open and preserving access to care, along with other key benefits for the surrounding community. By analyzing Kaufman Hall and AHA Annual Survey data on transactions from 2015 to 2019, the report found that almost 40% of acquired hospitals were, at the time of acquisition, financially challenged, cited financial distress, or both; integration played a role in saving many from bankruptcy.
While recognizing that these arrangements may not be right for all hospitals, the Kaufman Hall analysis found that partnerships, mergers and...