According to a recent Kaufman Hall quarterly report, M&A activity increased and brought the number of deals back up to pre-pandemic levels during Q2 of 2023.
Between April and the end of June 2023, there were 20 hospital and health system M&A transactions announced, making it the highest number of transactions announced since Q1 2020.
And the numbers aren’t slowing down in terms of health systems announcing plans to merge—but garnering regulatory approval and moving forward with the deal is another story. With the FTC cracking down on antitrust laws and even state and local governments stepping in, deals getting the green light feel often few and far between.
Two recently announced M&A deals in Oregon and Wisconsin could change their respective markets if regulatory approval is granted, but it looks like a long road ahead for these deals, Health Leaders reports. Read more.