Hospital and health system mergers involved even bigger players in 2018 as the average seller size hit $409 million in revenue, a new report indicates. The size of the health system seller “has grown at a compound annual growth rate of 13.8% since 2008 ,” consulting firm Kaufman, Hall & Associates says in its annual healthcare M&A report. The report defines the seller as the smaller of the two health systems involved in the deal, according to Kaufman Hall’s healthcare M&A report. The Kaufman Hall report shows 7 transactions in 2018 involved hospital and health system sellers with $1 billion or more in annual revenues . Unlike the mergers of large publicly-traded providers and insurers, hospital and health system deals are dominated by nonprofits.
Source: Forbes January 11, 2019 13:52 UTC