1. Suddenly we are seeing mega mergers again. Here the mergers create scale but often are in nearby markets rather than in the same markets. This provides a greater ability for the mergers to be completed and approved by the antitrust authorities. It also provides a lesser ability for the mergers to be immediately effective.
2. Three of the largest most recent mergers include the just announced Dallas-based Baylor Scott and White merger with Houston-based Memorial Hermann as well as the Cincinnati-based Mercy Health and Marriottsville, Md.-based Bon Secours merger and the Milwaukee-based Aurora-Advocate merger.
3. The Aurora-Advocate merger has not yet delivered expected results. Jim Hinton who will lead the combined BSW and Memorial Hermann merger is a serious CEO. Chuck Stokes the CEO of Memorial Hermann is also exceptional. John Starcher Jr. who leads the combined Mercy Health-Bon Secours merger is an exceptionally gifted CEO.
More articles on hospital transactions:
HCA to merge 2 Florida hospitals