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 »2015: The Year of the Small Hospital Deal
You may have read the article in The Wall Street Journal on September 22, titled “Health Law Speeds Merger Frenzy.” It featured our data on the pace of hospital M&A between 2009 and August 31, 2015, with the obvious conclusion that 2015 is the winner for the most deals announced in the first eight months. We took that a step further this week, to see how many small hospitals (defined as 100 or fewer beds) have changed hands in recent years. The data below clearly shows that 2015, even with partial data, tops the previous five years with 34 deals (45% of the total) announced with small hospitals as the target. We’ll have more in the October issue of Health Care Deal News, so sign up... Read More »Deal Volume Rose in July
July’s combined transaction total hit 127 deals, up 2% compared with the bang-up month of July 2014, which had 124 transactions. The Services sector had a strong performance, accounting for 60% of deal volume. Long-Term Care made up 27% of the volume overall with 34 announced transactions. That equalled the record set last July for the sector, and will probably break it as more deals come to light. The Managed Care sector posted some extra activity, although seven deals versus two deals the month prior and a year ago isn’t moving the needle very high. July 2015 DealsShare of Total Services Behavioral Health Care32% Home Health & Hospice23% Hospitals76% Labs, MRI & Dialysis43%... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
