Here are four things to know from the report:
- There were 62 transactions in 2024, three more than in 2023.
There was an almost even split between for-profit organizations acquiring facilities from not-for-profit sellers and vice versa, at 33 and 29, respectively.
- The number of transactions grew from 48 in 2022 to 62 in 2024.
In 2022, not-for-profits made the majority of acquisitions, but by 2024 for-profit organizations made the most acquisitions.
- Of the 33 transactions in which a for-profit organization made an acquisition from a not-for-profit, 70% involved a skilled nursing facility.
- Pennsylvania reported the most 2024 transactions with nine. Wisconsin reported six, Ohio and Illinois reported five each, and Minnesota and Tennessee reported four each.
Read the full report here.
