Healthcare M&A Activity Surges in Q2
Buoyed by the addition of two blockbuster deals, the dollar value of healthcare services mergers and acquisitions tripled during the second quarter of 2012 compared with M&A activity during the comparable quarter in 2011, according to Norwalk, CT-based Irving Levin Associates Inc., which publishes a quarterly report on M&A activity in the healthcare industry.
Healthcare services, which includes physician groups, hospitals, and managed care, recorded 133 transactions valued at $23.1 billion in second quarter 2012 compared with 139 transactions valued at $7.3 billion for second quarter 2011.
The 2012 numbers, however, include a blockbuster $3.9 billion deal that involved two German hospital companies, Fresenius and Rhoen-Klinikuma. (Levin Associates includes foreign transactions in its M&A report, but these usually show up only in the medical device, biotechnology, and pharmaceutical categories.)
Omitting that mega-deal still pegs the value of healthcare services M&A at $19.2 billion, which is more than double the 2011 value.
- Primary Care Docs Average More Hospital Revenue Than Specialists
- How Chargemaster Data May Affect Hospital Revenue
- $6.4B Henry Ford, Beaumont Merger Failed on Cultural Hurdles
- House Lawmakers Grill CMS Over Health Exchange Navigators
- Insurer's App Aims to Lower Healthcare Costs, Securely
- Fortunately, Angelina Jolie Isn't On Medicare
- ED Physicians Key to Half of Hospital Admissions
- 69% of Employers Plan to Offer Healthcare Coverage After 2014
- Don't Let Nurses Sink Your Bottom Line
- Q&A: Catholic Health Initiatives' New Senior VP for Capital Finance