Here are four things to know about hospital M&A activity in the third quarter.
1. Representing one-third of the M&A activity in the third quarter, the southeast was the busiest region for hospital deals.
2. Brentwood, Tenn.-based LifePoint Health announced three acquisitions in the third quarter, making it the most active for-profit hospital operator.
3. Five third-quarter transactions involved new joint ventures, conversions of joint ventures to full ownership models or the unwinding of joint ventures.
4. Regulatory challenges continued to cause delays in transactions in the third quarter. For example, Ontario, Calif.-based Prime Healthcare Services withdrew its proposed transaction with Los Altos, Calif.-based Daughters of Charity Health System due to conditions placed on the deal by the California attorney general.
More articles on healthcare industry transactions:
6 recent hospital transactions and partnerships
CHS to sell Florida hospital to BayCare
Joint ventures with charitable hospitals: 3 considerations for hospital leaders
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.