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.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
