Featured Insights
Our latest thinking on the healthcare Partnerships, Mergers, & Acquisitions issues that matter most right now
2021 M&A in Review: A New Phase in Healthcare Partnerships
The number of hospital and health system M&A transactions was down in 2021, but the size of transactions was up significantly, with the largest percentage of announced “mega merger” transactions in the last six years.
Research Report
Benefits of Integration: Healthcare in a Time of Rapid Transformation
Partnerships, affiliations, mergers, and acquisitions have been—and will continue to be—an essential tool for hospitals and health systems as they have worked to build integrated health systems that can respond and adapt to a rapidly changing healthcare landscape.
Research Report
Quarterly Healthcare M&A Reports
M&A Quarterly Activity Report: Q2 2022
We saw a full return in Q2 2022 to the pandemic-era trend of fewer but larger hospital and health system transactions. Several large transactions boosted the average smaller party size to a record-setting $1.5 billion.
Research Report
M&A Quarterly Activity Report: Q1 2022
Health system M&A activity was down in the first quarter of 2022, with both a smaller number of deals and a smaller average transaction size. A high percentage of deals involved for-profit sellers.
Research Report
Winter 2022 Kaufman Hall Report: Strategies for Improving Recruitment and Retention
Hospitals and health systems are feeling the full effects of the Great Resignation as labor expenses climb despite lower staffing levels. As a result, hospitals are paying higher wages to compete for qualified personnel. Read the Winter 2022 Kaufman Hall Report for strategies for improving recruitment and retention.
Research Report
2021 M&A in Review: A New Phase in Healthcare Partnerships
The number of hospital and health system M&A transactions was down in 2021, but the size of transactions was up significantly, with the largest percentage of announced “mega merger” transactions in the last six years.
Research Report
All Mergers & Acquisition Resources
Putting Ambulatory Surgery Centers at the Center of Outpatient Strategy
As health systems look to the future, surgical volume will continue shifting from HOPDs to ASCs. Health systems must be innovative and flexible to ensure that they participate in that growth with physician partners and others.
Article
M&A Quarterly Activity Report: Q2 2022
We saw a full return in Q2 2022 to the pandemic-era trend of fewer but larger hospital and health system transactions. Several large transactions boosted the average smaller party size to a record-setting $1.5 billion.
Research Report
Physicians at the Center of Healthcare’s Realignment
Healthcare is undergoing a major realignment as stakeholders compete for consumers’ attention. The different strategies intersect at the physician’s office, and physicians today face an unprecedented array of practice options.
Article
M&A Quarterly Activity Report: Q1 2022
Health system M&A activity was down in the first quarter of 2022, with both a smaller number of deals and a smaller average transaction size. A high percentage of deals involved for-profit sellers.
Research Report
Winter 2022 Kaufman Hall Report: Strategies for Improving Recruitment and Retention
Hospitals and health systems are feeling the full effects of the Great Resignation as labor expenses climb despite lower staffing levels. As a result, hospitals are paying higher wages to compete for qualified personnel. Read the Winter 2022 Kaufman Hall Report for strategies for improving recruitment and retention.
Research Report
2021 M&A in Review: A New Phase in Healthcare Partnerships
The number of hospital and health system M&A transactions was down in 2021, but the size of transactions was up significantly, with the largest percentage of announced “mega merger” transactions in the last six years.
Research Report
Meeting Behavioral Health Needs Through Partnership
Kaufman Hall managing directors Courtney Midanek and Dawn Samaris discuss how health systems are trying to play a more holistic role in meeting behavioral health needs in their communities, and how a partnership strategy can help them achieve their goals.
Podcast
Benefits of Integration: Healthcare in a Time of Rapid Transformation
Partnerships, affiliations, mergers, and acquisitions have been—and will continue to be—an essential tool for hospitals and health systems as they have worked to build integrated health systems that can respond and adapt to a rapidly changing healthcare landscape.
Research Report
M&A Quarterly Activity Report: Q3 2021
Transaction volume for hospital and health system mergers and acquisitions was lower in Q3 2021 compared with pre-pandemic levels, but average seller size by revenue and total transacted revenue remain high.
Research Report
Coming to Your Market Soon: Primary Care Physicians Empowered by Choice
The aggressive growth plans of physician practice disruptors mean that competitive dynamics might change—and change quickly—in many local markets. Learn how independent physician groups and health systems can respond.
Article
M&A Quarterly Activity Report: Q2 2021
Merger and acquisition activity for the second quarter of 2021 included 14 transactions. At $8.5 billion, total transacted revenue for Q2 remains high, as health systems focus less on acquisitions of smaller independent hospitals and more on regional partnerships with systems in new markets.
Research Report
Addressing the Behavioral Health Crisis
Before the COVID-19 pandemic struck, the U.S. was already facing a behavioral health crisis. Since the pandemic began last year, the magnitude of that crisis has grown.
Article
Portfolio Optimization Strategies to Build Resiliency
A focus on resiliency requires blending vertical and horizontal perspectives on components of an organization’s portfolio of clinical services and strategic initiatives.
Research Report
Healthcare Merger & Acquisition Activity Report: Q1 2021
One year ago, Q1 2020 was closing with an emerging awareness of the pandemic that was about occur. The quarter ended with a relatively high number of announced transactions, but with very few large transactions, leaving average seller size by revenue at just $172 million for the quarter.
Research Report