Category: News

Q3 2021 M&A Activity

Fewest announced change of control transactions in over a decade Absence of small- and mid-sized community hospitals weighs down quarterly totals to lowest amount since Q4 2009. Beginning with a slow pace in July and August with only four announced transactions, activity declined in Q3 2021 with 12 announced transactions, which is the lowest quarterly … Continued

Q2 2021 M&A Activity

Moderate levels of announced transactions continue; new baseline established, or poised for breakout to higher levels? The first two quarters of 2021 recorded announced transactions volume that were in line with the average quarterly volume for the past two years. Activity remained moderate in Q2 2021 with 20 announced transactions, following the 21 announced transactions … Continued

Q1 2021 M&A Activity

Announced transaction volume matches that of Q1 2020 but trails average of Q1 volume for the past decade After a pickup in activity in Q4 2020, quarterly volume in Q1 2021 retreated to the more moderate levels of the past two years. It is clear that COVID continues to impact deal volume in the acute … Continued

Nanticoke Health Services Merges with Peninsula Regional Health System

Transaction Announcement Ponder & Co. (“Ponder”) is pleased to announce that Nanticoke Health Services (“NHS”) has merged with Peninsula Regional Health System (“PRHS”), official as of January 1, 2020. The move is part of a plan to create a larger health system serving the Delmarva Peninsula. The transaction not only reinforces current services, but also … Continued

M&A Activity Report Q4 2019

2019: 85 Announced Change of Control Transactions Full year 2019 announced transactions totaled 85 transactions, which is the second lowest annual total since 2009 and represents more than a 25% decline in announced transactions from 2018’s total of 116. Although a marked decline from prior year’s activity, the total compares similarly to that of 2016 … Continued

M&A Activity Report Q3 2019

27 Change of Control Transactions Target Beds: Average 180; Median 100 Target Rev. ($’s MM): Average $242; Median $70 Total Number of Announced Transactions 2013 – Q3 2019 Number of Announced Hospital Change of Control Transactions 2009 – Q3 2019 Q3 2019 recorded 27 announced transactions, exceeding the trailing four-quarter average for the first time since Q1 … Continued