{"id":74767,"date":"2023-10-12T11:45:00","date_gmt":"2023-10-12T15:45:00","guid":{"rendered":"https:\/\/hitconsultant.net\/?p=74767"},"modified":"2023-10-16T18:39:46","modified_gmt":"2023-10-16T22:39:46","slug":"health-ma-financial-distress-driving-q3-healthcare-deals","status":"publish","type":"post","link":"https:\/\/hitconsultant.net\/2023\/10\/12\/health-ma-financial-distress-driving-q3-healthcare-deals\/","title":{"rendered":"Health M&A: Financial Distress Driving Q3 Healthcare Deals"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

What You Should Know: <\/strong><\/p>\n\n\n\n

– More than one-third of hospital and health system transactions announced in Q3 2023 involved a\u00a0 party that cited financial distress as a transaction driver, according to Kaufman Hall\u2019s latest mergers and acquisitions (M&A) report<\/a>. The reports reveal third quarter M&A activity remained high with 18 announced transactions resulting in $8.2B in total transacted revenue.<\/p>\n\n\n\n

– Kaufman Hall experts say transaction activity is regaining momentum as hospitals, health systems, and other healthcare organizations seek new alliances, partnerships, and ultimately, long-term financial sustainability. <\/p>\n\n\n\n

– Despite only one \u201cmega-merger\u201d transaction\u2014in which the smaller party has annual revenues above $1 billion\u2014Q3 average seller size and total transacted revenue remain above historical levels.<\/p>\n\n\n\n

Other key findings from the report include: <\/p>\n\n\n\n

– Not-for-profit health systems were the acquiring or larger party in 14 of Q3\u2019s 18 announced transactions, with for-profit systems acting as the acquiring party in the remaining four transactions. <\/p>\n\n\n\n

– Of the 14 not-for-profit acquirers, seven were academic\/university-affiliated organizations (see discussion below) and one was a religiously affiliated organization. <\/p>\n\n\n\n

– The four transactions in which a for-profit system acted as acquirer focused primarily on smaller, financially distressed organizations: three of the four acquired organizations were financially distressed.

<\/p>\n","protected":false},"excerpt":{"rendered":"

What You Should Know:  – More than one-third of hospital and health system transactions announced in Q3 2023 involved a\u00a0 party that cited financial distress as a transaction driver, according to Kaufman Hall\u2019s latest mergers and acquisitions (M&A) report. The reports reveal third quarter M&A activity remained high with 18 announced transactions resulting in $8.2B … Read More<\/a><\/p>\n","protected":false},"author":81,"featured_media":74768,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[1117,53115],"tags":[2690,3004],"yoast_head":"\nHealth M&A: Financial Distress Driving Q3 Healthcare Deals<\/title>\n<meta name=\"description\" content=\"Kaufman Hall report reveals third quarter health M&A activity remained high with 18 announced transactions resulting in $8.2B in revenue.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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