A report published January 9 by Kaufman Hall highlights hospital and health system merger and acquisition activity from the past year.
The report said announced transactions involving a financially distressed party reached a record high of 30.6%. The study also found that 62.5% of announced deals involved a divestiture, the highest percentage the industry has seen and more than double the percentage in 2023. The percentage of announced deals in which the smallest party had a credit score of A- or higher has dropped. to a historic low of 2.8%.