In 2013, the median size of a hospital involved in a transaction was 154 beds, essentially the same as the median of 158 beds in 2012.
While most hospital and health system transactions include small and mid-sized community hospitals, there has been a gradual shift during the past five years of more deals involving larger hospitals.
According to a whitepaper from healthcare financial advisory firm Ponder & Co., transaction volumes of hospitals with 50 to 250 beds have decreased, while volumes have increased for hospitals with more than 250 beds. In 2009, hospitals with 50 to 250 beds represented almost three out of five hospital deals, but that number fell to 45 percent last year. Meanwhile, hospitals with 250 to 500 beds represented 17 percent of transaction volume in 2009, and that figure grew to 24 percent in 2013.
Here are 20 statistics on hospital transactions during the past five years based on bed count, according to Ponder & Co.'s whitepaper. Note: Statistics are percentages based on transaction volume for each year.
|
Year |
Less than 50 beds |
50-250 beds |
250-500 beds |
More than 500 beds |
|
2009 |
19% |
59% |
17% |
5% |
|
2010 |
15% |
59% |
15% |
10% |
|
2011 |
24% |
50% |
16% |
10% |
|
2012 |
17% |
48% |
25% |
9% |
|
2013 |
23% |
45% |
24% |
8% |
More Articles on Hospital Transactions:
8 Recent Hospital Transactions and Partnerships
Troubled Transactions: Why There's Still Hope for Financially Struggling Hospitals
Report: Significant Hospital M&A Activity Likely to Continue This Year