Mergers and Acquisitions

Physician Practice Costs Grew 20% After Private Equity Acquisition

by Victoria Bailey

Private equity acquisition of physician practices in dermatology, gastroenterology, and ophthalmology was associated with increased healthcare spending and utilization, according to a study published...

FTC Urges States to Repeal COPA Laws, Prevent Illegal Hospital Mergers

by Victoria Bailey

The Federal Trade Commission (FTC) has urged state lawmakers to repeal Certificate of Public Advantage (COPA) laws, asserting that the agreements allow otherwise illegal hospital mergers to bypass...

Healthcare Merger and Acquisition Activity Generates $19B in Q2 2022

by Victoria Bailey

Healthcare merger and acquisition revenue hit a record high in the second quarter of 2022, with 13 transactions generating $19.2 billion, according to the latest edition of Kaufman Hall’s M&A...

How Hospital Affiliation Impacts Risk of Closure for Rural Hospitals

by Victoria Bailey

Hospital affiliation was associated with a lower risk of closure for financially distressed rural hospitals but there was a higher closure risk for financially stable hospitals, according to a study...

Two Healthcare Mergers Abandoned Following Pushback from FTC

by Victoria Bailey

Pushback from the Federal Trade Commission (FTC) has led to the termination of two proposed healthcare mergers, one in New Jersey and the other in Utah. At the beginning of June, FTC filed complaints...

ChristianaCare Signs Merger Agreement to Acquire Jennersville Hospital

by Victoria Bailey

ChristianaCare has signed a healthcare merger agreement to acquire Tower Health’s Jennersville Hospital and reopen the location, which has been closed since December 2021. The purchase includes...

FTC Aims to Block Proposed Hospital Merger Between Utah Facilities

by Victoria Bailey

The Federal Trade Commission (FTC) has authorized a lawsuit to block the proposed hospital merger between HCA Healthcare and Steward Health Care System, alleging that the transaction would increase...

Advocate Aurora Health Faces Allegations of Anticompetitive Practices

by Victoria Bailey

A self-insured pharmacy has filed a class action lawsuit against Advocate Aurora Health, alleging that the health system engaged in anticompetitive practices that raised healthcare prices for Wisconsin...

Advocate Aurora Health, Atrium Health to Create Joint Health System

by Victoria Bailey

Advocate Aurora Health and Atrium Health have announced plans to merge into a joint health system and combine their clinical knowledge to provide care and improve health equity for patients across six...

How Healthcare Mergers, Acquisitions Impact Practice Management

by Victoria Bailey

Healthcare mergers and acquisitions further industry consolidation by combining two or more healthcare companies, hospitals, or physician practices. Typically, merging entities aim to lower healthcare costs and improve quality of care...

Vertical Integration, Joint Contracting Increased Physician Prices

by Victoria Bailey

Vertical integration and joint contracting between physicians and health systems led to increases in physician prices, with the size of the increases correlating with the health system’s size,...

Private Equity Acquisitions Did Not Impact Hospital Quality, Spending

by Victoria Bailey

Private equity acquisitions of short-term acute care hospitals were generally not associated with any changes in patient outcomes or healthcare spending among Medicare beneficiaries, a study published...

Catholic Orgs Agree to Merge, Form Integrated Healthcare Network

by Victoria Bailey

Catholic organizations SSM Health and Saint Louis University have announced a merger agreement to create an integrated healthcare network and improve health outcomes and health equity for the St. Louis...

FAH Requests Hospital Merger Guideline Consistency from DOJ, FTC

by Victoria Bailey

The Federation of American Hospitals (FAH) has asked the Federal Trade Commission (FTC) and the Antitrust Division of the Department of Justice (DOJ) to maintain certain aspects of the hospital merger...

Trinity Health to Acquire MercyOne, Streamline Healthcare Access

by Victoria Bailey

Trinity Health and CommonSpirit Health have signed an agreement for Trinity Health to fully acquire Iowa-based health system MercyOne, aiming to streamline healthcare access for Iowa residents and...

Physician Practice Acquisitions By Hospitals, Corporations Grew

by Victoria Bailey

Physician practice acquisitions increased during the COVID-19 pandemic, resulting in nearly three-quarters of physicians being employed by hospitals, health systems, or other corporate entities,...

Large Hospitals with Low Profits Saw More Ownership Changes

by Victoria Bailey

Medium and large hospitals with low profit margins were more likely to experience ownership changes between 2016 and 2021 compared to their smaller and more profitable counterparts, according to a new...

New Jersey Health Systems Terminate Hospital Merger Agreement

by Victoria Bailey

New Jersey-based Hackensack Meridian Health and Englewood Health have terminated their hospital merger agreement after a federal appeals court blocked the deal from moving forward. In March 2022, the...

Healthcare Merger and Acquisition Activity Hit Record Low in Q1 2022

by Victoria Bailey

Healthcare merger and acquisition activity hit a record low during the first quarter of 2022, with the industry seeing only 12 transactions totaling $2.95 billion, according to a report from Kaufman...

Intermountain Healthcare, SCL Health Finalize Healthcare Merger

by Victoria Bailey

Intermountain Healthcare and SCL Health have finalized their healthcare merger to create one of the largest nonprofit health systems in the country. The merged health system consists of 33...