Mergers and Acquisitions

FTC Looks to Block Acquisition of 2 Tenet Hospitals in Memphis

by Jacqueline LaPointe

The Federal Trade Commission (FTC) recently filed a lawsuit in federal court to prevent a $350 million healthcare acquisition deal involving two Memphis, Tennessee-based hospitals owned by Tenet...

What Healthcare CFOs Can Expect Under a Biden Presidency

by Jacqueline LaPointe

For many voters, the 2020 presidential election was less about red and blue and more about white, as in the white coat. Healthcare was a dominant issue in the race between the incumbent President Donald J. Trump and Democratic runner Vice...

10 Major Healthcare Merger & Acquisition Deals Announced in 2020

by Jacqueline LaPointe

So far, 2020 has been a transformational year in more ways than one. While the COVID-19 pandemic forced the healthcare industry to find new ways to deliver high-quality care to patients during a...

Intermountain, Sanford Announce Intended Healthcare Merger Deal

by Samantha McGrail

Intermountain Healthcare and Sanford Health have announced a healthcare merger deal to improve access to high value healthcare across the US. Headquartered in Utah, the combined organizations will...

Atrium Health, Wake Forest Baptist Health Finalize Merger

by Jacqueline LaPointe

Atrium Health recently announced the completion of a healthcare merger deal with Wake Forest Baptist Health to create a “next-generation academic health system.” The health systems agreed...

Healthcare Merger and Acquisition Activity Increased in Q3 2020

by Jacqueline LaPointe

The pace of healthcare merger and acquisition activity continues to be unhindered by the COVID-19 pandemic, according to the latest M&A Quarterly Activity Report from Kaufman Hall. The report...

Advocate Aurora, Beaumont Health Call Off Healthcare Merger Deal

by Jacqueline LaPointe

Advocate Aurora Health and Michigan’s Beaumont Health will not move forward with a proposed healthcare merger deal. The health systems announced late last week that they have agreed to end...

How FTC’s New Merger Retrospective Program Will Impact Healthcare

by Jacqueline LaPointe

The Federal Trade Commission’s (FTC’s) Bureau of Economics recently unveiled a revamped Merger Retrospective Program that will expand and formalize the Bureau’s retrospective research...

Private Equity-Acquired Hospitals Charge More for Common Services

by Jacqueline LaPointe

Hospitals acquired by private equity firms are either charging more for common services, such as inpatient stays and emergency department visits, reducing operating costs, or both after acquisition,...

Provider Consolidation Substantial, Particularly Among Physicians

by Jacqueline LaPointe

Provider consolidation into vertically integrated health systems increased substantially from 2016 to 2018, according to a recent Datawatch study published in Health Affairs. More than half of...

Hospital Merger and Acquisition Activity Withstands COVID-19 Slump

by Jacqueline LaPointe

While COVID-19 has resulted in substantial revenue losses for healthcare providers, the pandemic has had less of a dramatic impact on hospital merger and acquisition activity. In fact, the crisis has...

Advocate Aurora, Beaumont Health Explore Healthcare Merger Deal

by Jacqueline LaPointe

Two of the largest health systems in the Midwest – Advocate Aurora Health and Beaumont Health – are exploring a possible healthcare merger deal. “Following approval last week by the...

COVID-19 Has Execs Seeing Healthcare M&A Plans with Fresh Eyes

by Jacqueline LaPointe

Nearly a year ago, Rhode Island’s two largest hospital groups decided to walk away from healthcare merger and acquisition talks. But the recent COVID-19 crisis is prompting health system leaders...

Hoag Seeks Independence from Providence After Its Hospital Merger

by Jacqueline LaPointe

Hoag Memorial Hospital Presbyterian is seeking to cut ties with Providence Health nearly four years after the Renton, Washington-based health system merged with an organization with which Hoag was...

Beaumont, Summa Health Delay Hospital Merger Until After COVID-19

by Jacqueline LaPointe

A planned hospital merger deal between Beaumont Health and Summa Health will wait until after the COVID-19 crisis, according to Beaumont’s CEO John Fox. For more coronavirus updates, visit...

Hospitals Look to Reduce Corporate Services Spending

by Jacqueline LaPointe

Three-quarters of provider executives believe their corporate services spending could decrease without impacting quality of care or efficiency, according to a recent survey of over 100 hospital and...

Benefit of Private Equity in Healthcare? Lessons from Nursing Homes

by Jacqueline LaPointe

A working paper from researchers at the University of Pennsylvania and New York University is raising questions about the benefits of private equity in healthcare. The paper recently published in SSRN...

FTC, PA Challenging Proposed Hospital Merger in Philadelphia

by Jacqueline LaPointe

The Federal Trade Commission (FTC) and the Commonwealth of Pennsylvania issued an administrative complaint last week challenging the proposed hospital merger between two Philadelphia-area hospital...

More States Passing Laws to Preserve Provider Competition

by Jacqueline LaPointe

All states have anti-trust statutes in place to preserve provider competition in the face of rapid consolidation, but more state governments are relying on price transparency, health plan contracting...

Private Equity Firms Increasingly Buying Physician Practices

by Jacqueline LaPointe

Private equity firms acquired 355 physician practices from 2013 to 2016, and the number of acquisitions rose exponentially during the period, according to research published in JAMA. The research...