Category: Articles

Hospital M&A in the Age of Coronavirus

By: Lisa Phillips with contributions from Chris Schoeplein (Levin Associates online) Hospitals have always been a prime target in the healthcare services market. Suddenly the novel coronavirus pandemic has thrust them squarely into the national conversation. While the attention is warranted, it hasn’t been completely positive regarding a shortage of intensive care beds and personal … Continued

Hospital M&A May Spike, Sector Advisors Say

By: Claire Rychlewski with analytics by Melody Ren in Chicago and contributions from Eb LeMaster (Mergermarket) Community hospitals that have fought to stay independent may be ripe takeover targets later this year as health systems assess coronavirus-related trauma, several sector advisors said. Hospital M&A has been robust in recent years, driven less by financial stress … Continued

Foreign cash, loose capital bolstering healthcare real estate

By: Alex Kacik with contributions from Jeffrey Sahrbeck (Modern Healthcare online) A confluence of factors is feeding demand for healthcare real estate, including robust domestic demand, related interest from investors outside the U.S. and relatively easy access to capital. The rapidly ascending ambulatory sector—one of several trends impacting the undulating healthcare real estate landscape—is feeding … Continued

Healthcare executives expect M&A to boost business in 2019

By: Alex Kacik with contributions from Eb LeMaster (Modern Healthcare online) Healthcare executives expect their businesses to exceed 2018’s benchmarks and will largely use mergers and acquisitions to reach those expectations, according to a new survey. Nearly three-quarters of 291 senior executives from pharmaceutical, healthcare IT, medical technology, hospital and health system organizations said they … Continued

Hospital M&A Deals Slow in 2018

By: Rich Daly with contributions from Jake Aygun (HFMA online) Hospital transactions declined in 2018, amid a shift in the most active types of organizations. Although firms that track—and participate in—hospital deals define them differently, they agreed that the volume dipped last year. For instance, HealthCareMandA.com’s preliminary analysis found only 67 deals in 2018, which … Continued

Healthcare Credit Ratings Dip Amid M&A Binge

By: Alex Kacik with contributions from Eb LeMaster (Modern Healthcare online) Merger and acquisition activity is weighing on healthcare companies’ credit ratings, according to a new report. Fitch Ratings maintained a positive outlook for the industry given the solid underlying demand for healthcare products and services, particularly as the population ages. But it notes there … Continued

Creative Partnership Maintains Community Hospital

By: Christopher Schoeplein (HFMA Summer 2018) In April 2017, the city of Topeka, Kansas, faced the potential shutdown of St. Francis Hospital, one of only two hospitals serving the residents of its community. A hospital closure can cause significant repercussions to the surrounding area. The results are well documented and have been witnessed many times across … Continued

‘Business as Usual’ in FTC Hospital Deal Enforcement, Former Official Says

By: Rich Daily with contributions from Eb LeMaster (HFMA online) THE FORMER FTC EXECUTIVE OUTLINED THE FACTORS THE AGENCY IS USING THESE DAYS TO WEIGH WHETHER TO TAKE ENFORCEMENT ACTIONS AGAINST A PENDING HOSPITAL DEAL. Feb. 26—Despite an expected continuation of record hospital merger-and-acquisition deal volume, and warnings from the Trump administration, a former law enforcement … Continued

Hackensack Meridian and JFK cement merger

By: Alex Kacik with contributions from Eb LeMaster (Modern Healthcare online) Hackensack Meridian Health and JFK Health finalized their merger to create a combined entity with 16 hospitals throughout New Jersey, the companies announced Wednesday. Executives of the Edison, N.J.-based systems said the marriage would allow them to expand patient access and better deliver preventive healthcare. … Continued

Trinity Health ponders acquisitions through debt offering

By: Alex Kacik with contributions from Eb LeMaster (Modern Healthcare online) Trinity Health is considering a debt offering to fund acquisitions, the company said in a regulatory filing.  The Catholic-sponsored health system, which is one of the nation’s largest not-for-profit hospital systems, said it is looking at converting all or a portion of $1.36 billion of … Continued