The COVID-19 pandemic could spur a temporary increase in mergers and acquisitions of providers struggling to remain solvent, according to experts consulted by S&P Global Market Intelligence.
ASC Transactions & Valuation Issues
The Pacific Business Group on Health wrote congressional leaders seeking a yearlong ban on mergers and acquisitions among hospital and clinician groups that sought government money, Reuters reported May 22.
Despite M&A activity expected to decrease because of the COVID-19 pandemic, several deals have closed. Provident Healthcare Partners published a white paper exploring the structure of the deals that closed.
BMC Hospital and Hudson Regional Hospital are vying to take over Bayonne (N.J.) Medical Center, The Jersey Journal reports.
Here's how Dallas-based Tenet Healthcare, Nashville, Tenn.-based HCA Healthcare and Nashville-based Surgery Partners' shares have fluctuated over the last five days.
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While the ramifications of COVID-19 created opportunities for investments in some specialties, most will be adversely affected, according to a white paper published by Provident Healthcare Partners.
RMC Ambulatory Surgery Center in Orangeburg, S.C., is awaiting state approval to undertake a $2.4 million renovation project, according to the South Carolina Department of Health and Environmental Control.
Before COVID-19, physician practices were closing deals with private equity firms at all-time high valuations. The virus and global shutdown derailed the PE market in the short term. Firms and sellers will need to accept significant changes to get deals…
Franklin, Tenn.-based Williamson Medical Center opened a new surgical clinic on its main campus, the Williamson Source reports.
VMG Health's 2020 "Healthcare M&A Report" examines how the coronavirus pandemic has affected the valuation of ASCs.