Experts see opportunities for big hospital chains to potentially acquire smaller organizations that are struggling to refinance debt due to the ongoing credit crunch.
"If you’ve got the financing, there’s plenty of good transactions to get done," said Dan Slipkovich, chief executive of Capella Healthcare, according to the Tennessean.com. Capella closed a deal earlier this year that added nine hospitals to its portfolio.
During HCA’s conference call, Jack Bovender Jr., the company’s CEO, said the company would be interested in possible acquisitions in high-growth markets. LifePoint’s CEO also indicated that opportunities are presenting themselves, and the company intends to pursue deals while remaining disciplined.
Read more about big hospital chains considering new acquisitions from Tennessean.com.
