According to the latest analysis by the Skokie, Ill.-based advisory company Kaufman, Hall and Associates, hospital and health system mergers and acquisitions in 2016 are on pace to match the large-scale level of M&A activity in 2015.
Kaufman Hall identified 77 transactions announced in the first three quarters of 2016, compared with 78 transactions announced in the same period in 2015. Hospital and health system transactions have been on the rise in recent years as organizations have attempted to enhance market presence, achieve economies of scale, and attain capabilities for value-based healthcare.
