It’s not easy getting from the letter-of-intent stage, through due diligence, to a definitive agreement. Many hospitals that announce an LOI agreement go into due diligence and don’t end up on the altar after all. That seemed to be the fate of the LOI announced last April (2017) between Boston-based Partners HealthCare System and Providence, […]
Hospital transactions suddenly sped up in May 2017. Deals are now coming from the private equity-sponsored segment, while the publicly traded chains are mostly unwinding their 2013 acquisitions.