![]() The total value of the transactions was $8.3 billion, up from $5.2 billion in the third quarter of 2021. Singh said the size of the deals is a bigger indication that health systems are doing some more long-term planning. While the industry is seeing fewer deals, there are some bigger transactions emerging. For perspective, there were 79 hospital deals the previous year. With one quarter remaining, it looks like the number of hospital deals will be in the neighborhood of the 49 transactions recorded in 2021, according to Kaufman Hall’s data. During the first half of the year, there were 25 hospital transactions announced. In the third quarter of 2022, only 10 hospital deals were announced, according to an analysis by Kaufman Hall. Analysts have said some hospital and health systems have been focused on dealing with the COVID-19 pandemic, labor shortages, and supply chain hassles to look at deal making. To be sure, the number of hospital transactions has remained low. Read more: These proposed hospital mergers and acquisitions collapsed.The deals, along with some other recent transactions, provide evidence that hospitals and health systems are starting to do more strategic thinking, said Anu Singh, managing director of partnerships, mergers and acquisitions at Kaufman Hall, a healthcare consulting firm.Įven before the spurt of October deals, Singh said, “‘I felt the ice has been thawing.” LCMC also announced plans to work with Tulane University to boost academic medicine in the region.Īnd Yale New Haven Health System said it has reached an agreement to buy two Connecticut health systems, including three hospitals, from Prospect Medical Holdings. ![]() LCMC Health announced last week it has struck a deal to purchase three hospitals in the New Orleans area from HCA Healthcare. Marshfield Clinic manages 11 hospitals and other sites of care in Wisconsin and Michigan’s upper peninsula. Essentia operates 14 hospitals along with dozens of clinics in Minnesota, North Dakota, and Wisconsin. Within just about a week in October, three noteworthy hospital transactions were announced.Įssentia Health and the Marshfield Clinic Health System said last week that they have signed a memorandum of understanding to examine the possibility of creating a regional health system. After a very quiet period for hospital mergers and acquisitions, the pace of deal-making could be picking up. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |