Hospital merger and acquisition activity rebounds in fourth quarter
Modern Healthcare Illustration / Getty Images Hospital merger and acquisition activity rebounded in the fourth quarter, but annual deal volume still hit an 11-year low, according to a new report. The COVID-19 pandemic caused many health systems to pause or abandon their merger and acquisition plans, resulting in only 79 announced deals in 2020, Ponder & Co. found. That was down 25 percent from the trailing 10-year average and the lowest annual tally since 2009. But the 28 announced deals in the...
Source: crainsdetroit.com