There were 31 percent fewer hospital acquisitions announced in the fourth quarter than in third quarter of 2015. Fourth-quarter deals were also down 29 percent year over year.
Although there were more hospital transactions announced in 2015 than the year prior, there were few big hospital deals announced last year. “Most transactions involved smaller, community-based hospitals,” said Lisa Phillips, editor of the Health Care M&A Report.
More articles on healthcare industry transactions:
CHI St. Luke’s expands footprint in Texas
Jefferson and Kennedy Health explore merger
5 recent hospital transactions and partnerships