According to Irving Levin Associates’ annual acquisition report, the median per-bed price of a Chicago hospital was $450,000. However, some in the industry believe the higher price tag comes with Tenet expanding its reach.
“I think it’s kind of expected if you’re going to get size and diversity that you may have to pay up a little bit more,” Adam Lynch, vice president at Principle Valuation, told Crain’s Chicago Business.
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