Not-For-Profit Health Care M&A Activity Propelled by Hospital Deals, According to New Report from Irving Levin Associates
|FOR IMMEDIATE RELEASE||
Stephen M. Monroe, Editor
NORWALK, CT – November 7, 2012 – During the January 1, 2007 through June 30, 2012 period, a total of 432 transactions were recorded in which a buyer targeted a not-for-profit organization either as a merger partner or an outright acquisition target, according to Irving Levin Associates’ new report The Not-For-Profit Acquisition Report, Third Edition, 2012. The majority of deals occurred within the hospital sector, followed in order of descending deal volume by long-term care, behavioral health care, home health care, biotechnology, and other services. Also within the timeframe, a combined total of 29 deals were announced in the four sectors of the health-care technology segment.
The top 10 largest transactions during the reported period, in terms of dollars spent, according to The Not-For-Profit Acquisition Report, Third Edition, 2012, are listed in the table below.
During the five and one-half year period covered in this report, hospital systems and pharmaceutical products were the targets in the majority of the largest deals that involved the sale of a not-for-profit health care organization or asset. Eight of the Top 10 deals listed above represent the acquisition of not-for-profit hospital organizations by other hospital organizations. Given the number of hospitals in the United States that are not-for-profits, the prevalence of not-for-profit hospitals in this list should come as no surprise.
The Not-For-Profit Acquisition Report, Third Edition, 2012 is published by Irving Levin Associates, Inc. The new 2012 edition includes hard-to-find details on Not-For-Profit M&A transactions such as price/revenue ratios, key facts on buyers, sellers, executive contacts and more. The report was recently published and can be purchased at http://www.levinassociates.com/not-for-profit-description.