That’s also a 171 percent increase from $49.9 billion in the first quarter of 2014. Ninety-one percent of that combined spending came from transactions on the technology side, according to the report. Overall deal volume also increased to 297 transactions, up 20 percent from 248 deals announced during the second quarter of 2013 and up 13 percent from 264 transactions in the first quarter of this year.
Hospital deal volume, however, dropped by 59 percent to nine transactions during the second quarter, compared with 22 deals in the second quarter of last year. That’s also a 31 percent decreased from 13 deals in the first quarter of 2014.
More Articles on Healthcare M&A:
Report: Hospital M&A Deal Volume Dropped in 2013
Hospital M&A Deal Volume Declines in Q1
Hospital M&A Volume Declines in Q4 2013
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