Mergers on the rise as hospitals optimize for value-based care

Mergers on the rise as hospitals optimize for value-based care

Hospital mergers and acquisitions rose by 6.1 percent when compared to 2015, Kaurman Hall and Associates said, with 52 transactions during the first half of 2016.

That’s up from the 49 deals recorded during that same timeframe last year, the firm said. And looking just at the second quarter of 2016, there were 27 transactions announced, up 3.8 percent from the 26 recorded in the second quarter of last year.

Sustained growth demonstrates that hospital and health system leaders across the country continue to turn to mergers, acquisitions and other forms of partnerships as a means of reducing costs, enhancing competitive positioning and pivoting to a value-based business model, the analysis found.

Read full article by Jeff Lagasse at Healthcare IT News>>