Category: News

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

M&A Activity Report Q2 2019

20 Change of Control Transactions Target Beds: Average 181; Median 96 Target Rev. ($’s MM): Average $173; Median $78 Total Number of Announced Transactions 2013 – Q2 2019 Number of Announced Hospital Change of Control Transactions 2009 – Q2 2019 Q2 2019 recorded 20 announced transactions, nearly returning to the 12-month rolling quarterly average following the preceding … Continued

Ponder Recognized as Top Financial Advisory firm by Thomson Reuters

Ponder & Co., a leading healthcare financial advisory firm, announced today that the company was ranked as the No. 1 financial advisor in new healthcare debt issuance, according to Thomson Reuters’ 2018 Municipal Market Analysis. To learn more about Ponder’s approach visit About Us Ponder had a nearly record year despite a significant decline in issuance … Continued

2018 Hospital M&A Activity Q4

20 Change of Control Transactions Target Beds: Average 343; Median 241 Target Rev. ($’s MM): Average $386; Median $220 Q4 2018 saw 20 announced transactions: Announced transactions in Q4 2018 decreased more than 30% from Q4 2017 which had 29 announced transactions. This volume ties Q4 2016 for the lowest volume of announced transaction in a 4th … Continued

Baptist Health has acquired Sparks Health System

Transaction Announcement Ponder & Co. (“Ponder”) is pleased to announce that Baptist Health has acquired Sparks Health System, located in Fort Smith and Van Buren, Arkansas from Community Health Systems (“CHS”). The hospitals will be known as Baptist Health – Fort Smith (“BHFS”) and Baptist Health – Van Buren (“BHVB”), becoming the Baptist Health’s tenth … Continued

Announced Hospital M&A Activity Report 2018 Q3

Q3 2018 recorded 25 announced transactions, which is the second lowest quarterly total since the beginning of 2017, although the first three quarters annualized volume is similar to 2017’s full year total. Target Beds: Average 951; Median 138 Target Rev. ($’s MM): Average $976; Median $139 Not included in the above are pending transactions at the letter … Continued

M&A Sector Watch: 2Q 2018

M&A SECTOR WATCH: 2Q 2018 PONDER & CO. SECOND-QUARTER ANALYSIS: The median acquisition had 111 target beds and target revenue of $164 million. … The decrease in activity from the first quarter (36 transactions) was nearly 50 percent. That far exceeds the standard correction, about 25 percent, that follows a quarter that exceeds the trailing … Continued