While North Texas is abuzz with talk of healthcare mergers and acquisitions after Baylor Scott and White and Memorial Hermann work out the details of their merger, the country is trending down on such moves relative to last year.
Health Exec reports that hospitals and health system merger and acquisitions is slowing down, according to a study from Kaufman, Hall and Associates. The report says that just 18 transaction occurred during the third quarter of 2018, 38 percent less than the same period in 2017. There were 87 deals through this point last year, but only 68 this year.
Texas’ five deals made it the state with the most transactions this year. It was the third most active state for healthcare transactions last year, Health Exec reports. In addition to the Baylor and Memorial deal, Dallas-based Tenet Healthcare has been working to sell one of its subsidiaries, Conifer Health Solutions, with Minnesota’s UnitedHealth group a potential buyer.
Read the entire Health Exec story here.
