Seven quick notes:
1. There were 53 hospital and health system mergers and acquisitions announced last year.
2. Total transaction revenue exceeded $45 billion.
3. Fifteen percent of the transactions had revenues exceeding $1 billion.
4. Sixty-six percent of the deals were nonprofit entities acquiring nonprofit entities.
5. Nineteen percent of the deals were nonprofit entities acquiring for-profit entities.
6. Smaller party average annual revenue was $852 million, up $200 million from 2021.
7. Four of the 17 fourth quarter transactions were mega mergers where the smaller party’s revenue exceeded $1 billion.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
