Healthcare Finance News July 15, 2024
Two of the 11 transactions were mega mergers, yet both were strategic transactions and neither were focused on scale.
Mergers and acquisitions among hospitals and health systems occurred at a slower clip in the second quarter as compared to Q1, but a trend did emerge: While there were a few “mega mergers” in the quarter – transactions in which the smaller party has annual revenues of $1 billion or more – the tendency was for organizations to pursue strategy over scale.
That’s according to the latest analysis from Kaufman Hall, which reported 11 announced transactions in Q2. Several large transactions in the quarter generated an average seller size by revenue that significantly exceeded year-end averages dating back to 2017.
Two...