Fewer hospital mergers and acquisitions so far in 2021 is offset by a high percentage of “mega-merger” transactions, Modern Healthcare reports, citing a new analysis.
Seven transactions involving 20 hospitals took place during the third quarter of 2021, with transacted revenue totaling $5.2 billion, according to a quarterly report released by consulting firm Kaufman Hall. This year’s transactions have involved large health systems that have merged or were acquired by other large systems. The average revenue of selling organizations was $659 million in 2021, more than double the average of $329 million between 2015 and 2020. Read more.
