However, in the U.S. market, the number of hospitals and hospital beds involved in transactions hit a five-year high, despite the drop in the number of deals. This increase was driven by two mega-mergers: Community Health Systems in Franklin, Tenn., and Health Management Associates in Naples, Fla., and then Tenet Healthcare Corp. in Dallas and Vanguard Health Systems in Nashville, Tenn.
In another report released last month, Irving Levin Associates noted hospital merger and acquisition volume declined 42.9 percent year-over-year to 12 deals in the first quarter of 2014. That’s down from 7 in the fourth quarter of 2013 and 21 in the first quarter of last year.
More Articles on Hospital Transactions:
8 Recent Hospital Transactions and Partnerships
Hospital M&A Deal Volume Declines in Q1
Healthcare M&A Volume Down 9% in 4Q of 2013
