Chief Healthcare Executive July 17, 2024
The first half of the year has seen a number of intriguing deals. Some larger systems are doing better, and some smaller hospitals are struggling and seeking partners.
So far, the number of hospital mergers in 2024 is just about on pace with the number of deals announced last year.
There have been 31 announced hospital mergers in the first half of 2024, according to Kaufman Hall, a healthcare consulting firm. In 2023, there were 65 announced hospital deals, up from 53 transactions in 2022, according to Kaufman Hall.
The first quarter of 2024 saw 20 deals, the highest number of transactions in a first quarter since 2020, but there were 11 announced mergers in the second quarter.
While there...