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Evangelist Hollmer fulfilled her prophecy
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Editorial Roundup: Georgia
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N C -based Atrium clinches deal for another Georgia hospital system
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Hospital M&A down from pre-pandemic highs, though deal size growing, Kaufman Hall says
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HCA Healthcare and University Health didn t see a way to meaningfully expand their market share in the competitive Atlanta market, leading to a string of recent hospital deals that are poised to benefit Piedmont Healthcare, merger and acquisition experts said.
Piedmont will add seven hospitals to its current 11-hospital footprint via back-to-back transactions, courtesy of HCA and University Health. HCA sold its last Atlanta-area hospital to AdventHealth Thursday.
The profitable Atlanta-area hospitals will increase the not-for-profit health system s negotiating power with Blue Cross Blue Shield of Georgia, allow it to grow its service lines and spread its fixed costs over a wider asset base, M&A experts said. Meanwhile, HCA and University Health can exit or partner in markets they were unlikely to lead on their own while receiving a return on their investment, they said.