Based on preliminary results, 230 mergers and acquisitions were announced in the 13 sectors of the health care industry during the second quarter of 2004. This activity represents an 11% gain over the 207 deals announced in the previous quarter, and is level with the...
While the stock market has generally trounced most sectors of the health care industry in recent months, the Hospital sector has seen something of a rebirth and begun to regain its financial legs. Some of its new-found financial strength has naturally been reflected...
What appears to be the year’s first major hostile takeover bid in the domestic health care arena arrived in late May. Omnicare (NYSE: OCR) has targeted rival NeighborCare (NASDAQ: NCRX), offering to buy the company for $1.5 billion. Omnicare is the largest provider of...
Rumors in the M&A market often contain a grain of truth. Last month, for example, we wrote that New York’s newly public WellChoice (NYSE: WC) was said to be in negotiations to buy Oxford Health Plans (NYSE: OHP) in an all-stock deal. WC admitted to holding talks...
Preliminary results are in the for the first quarter health care merger and acquisition market. Based on publicly announced deals, a total of 198 transactions were reported in Q1:04 in 13 sectors of health care. Although this represents a 15% drop from the 234 deals...
Whenever legislators turn their attention to health care and attempt to reform or even just tweak the laws, providers, payors and everybody in between start to get nervous and put their hands on their wallets. Our readers will recall the ambiguous results of the...