Q3:15 Health Care Dollars, vs. Q2:15

Last week we gave you the breakdown on how the third quarter of 2015 compared with the second quarter and the same quarter a year ago. Here’s how the dollars broke out, versus those quarters. SectorQ3:15Q2:15ChangeQ3:14Change Services Behavioral Health Care$550,000$190,700188%$335,00064% Home Health & Hospice$241,854$0n/a$410,000-41% Hospitals$2,069,865 $2,059,9000.5%$969,800113% Labs, MRI & Dialysis$826,600$1,507,650-45%$324,000155% Long-Term Care$4,175,656$4,141,9300.8%$9,686,200-57% Managed Care$98,000,000$147,00066566%$0n/a Physician Medical Groups$1,600,000$500,000220%$0n/a Rehabilitation $4,300$734,800-99%$163,450-97% Other Services$1,396,474$16,211,644-91%$1,026,40036%... Read More »

Q3:15 Health Care Deal Volume

We’re just about to publish our third quarter results this week, but wanted to give you a sneak preview of how the third quarter stacks up against Q2:15 and the same quarter a year ago. Here’s the chart. SectorQ3:15 DealsQ2:15 DealsChangeQ3:14 DealsChange Services Behavioral Health Care10667%4150% Home Health & Hospice9650%15-40% Hospitals332438%1974% Labs, MRI & Dialysis16157%8100% Long-Term Care906538%856% Managed Care12850%5140% Physician Medical Groups1522-32%147% Rehabilitation7617%540% Other Services464015%3628% Services subtotal23819224%19125% Technology Biotechnology413421%27%52% eHealth3334-3%34-3% Medical Devices31297%2619% Pharmaceuticals423811%67-37%... Read More »

Major Mideast Hospital Matchup

The largest deal announced last week created the largest private healthcare provider in the United Arab Emirates, which may be why you didn’t hear much about it. The South African private hospital company Mediclinic International Ltd. (OTCQB: MCFFY) won the approval of the board of Al Noor Hospitals Group plc, based in Abu Dhabi, UAE, in a deal valued at $2.3 billion. Al Noor, which provides primary, secondary and tertiary care services through its portfolio of hospitals and medical centers in the UAE, spurned the advances of a crosstown rival NMC Health plc, and went with Mediclinic. Mediclinic shareholders will own a majority stake (84% to 93%) in the combined company, which will... Read More »

Q3:15 Health Care M&A, by Spending

Last week we shared our data on health care M&A by sector in the third quarter of 2015. Here’s a look at the same sectors, by share of the dollars spent. If you’ve been following health care M&A at all, you won’t be surprised that the Managed Care sector (health insurers) accounts for about 50% of the $198 billion spent. That total, by the way, is also a new quarterly record. Look for The Health Care M&A Report, Third Quarter, for more in-depth analysis by sector. Read More »

Q3:15 Health Care M&A, By Sector

Health care M&A in the third quarter was quite robust, with 385 transations reported across 13 sectors. That’s a new record for any third quarter, by the way. We’ll have the full break-out in The Health Care M&A Report, Third Quarter 2015, due to be published by the end of this month. In the meantime, here’s how the sectors fared in Q3:15. Read More »

West Jefferson Medical Has a New Owner

On October 1st, West Jefferson Medical Center, a 405-bed not-for-profit acute care facility in Marrero, Louisiana, officially became the sixth hospital in the LCMC Health family. West Jefferson began looking for a partner back in 2012. New Orleans-based LCMC was chosen earlier this year after it agreed to make lease payments of at least $200 million over 45 years, plus make $340 million in capital improvements in the next 15 years. Although West Jefferson reported revenue of $243 million through 2014, EBITDA was a negative $2.3 million in those 12 months. All’s well that ends well. Read More »