Home Health & Hospice M&A Remains Steady in Q4:15

After a decline in home health and hospice acquisitions earlier in the year, M&A activity steadied itself in the third and fourth quarters of 2015. There were 12 publicly announced transactions in the fourth quarter, matching the level in the third quarter but well below the fourth quarter of 2014, when there were 20 announced […]

2015 Health Care M&A Beats All Records

It’s déjà vu all over again. 2014 was a record-breaker for health care M&A, with 1,317 transactions and spending at an astronomical $387 billion. Then 2015 came and went and, once again, we’re writing about a record-breaking number of transactions, 1,460 currently, and astronomical spending of $563 billion.

Physician Medical Groups Were Hot Targets in Q4:15

The physician medical group (PMG) acquisition market increased in the fourth quarter of 2015, jumping by more than 15% from the third quarter’s activity. The 22 publicly announced physician medical group acquisitions were also 29% higher than the transaction volume in the year-ago fourth quarter. Only one acquisition in the fourth quarter of 2015 came […]

Select Medical Acquires Physiotherapy

Select Medical Holdings Corporation (NYSE: SEM) announced today it has entered into a merger agreement to acquire Physiotherapy Associates Holdings, Inc. for $400 million in cash. Physiotherapy is a national provider of outpatient physical rehabilitation care offering a wide range of services, such as general orthopedics, spinal care and neurological rehabilitation, and orthotics and prosthetics […]

J&J Slices Its Medical Device Division

Johnson & Johnson (NYSE: JNJ) announced the restructuring of its medical devices business on January 19, 2016. Its 8K filing noted pre-tax restructuring charges of $2.0 billion to $2.4 billion, expected to be incurred this year, as well as a Q4:15 charge of approximately $600 million. About 4% to 6% of the division’s global workforce will get […]

Jefferson Expands Again

Aria Health, a not-for-profit hospital system serving the residents of northeast Philadelphia and lower Bucks County, reached a definitive agreement with Jefferson, the system created last year through the merger of Jefferson Health and Abington Health. That transaction, announced in January 2015 and finalized in May, created an organization with five hospitals, 1,751 inpatient beds, seven […]

Managed Care Consolidation in Minnesota

Even as Minnetonka, Minnesota-based UnitedHealth Group (NYSE: UNH) reported larger-than-expected losses in its health-exchange segment in the fourth quarter, a smaller Minnesota managed care company found relief from its own health exchange losses. PreferredOne, based in Golden Valley, was acquired by Fairview Health Services in Minneapolis for an undisclosed price. Fairview is a not-for-profit, integrated health system […]