An industry facing major headwinds, such as rising labor and operation costs, staffing issues, and increased pressure from companies like CVS and Walgreens moving into outpatient care resulted in a tough Q4 for hospitals
Health system mergers highlight that scale and market penetration is the best way to compete in a tough market, according to acquisition data firm LevinPro HC.
But hospital M&A activity slowed in Q4:2022, according to a new LevinPro report. There were 19 deal announcements, a 10% decline compared with the third quarter of 2022. Fourth quarter activity nearly matched Q4 21 transactions when 18 deals were announced.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
