Health care merger and acquisition activity fell 19% in the second quarter of 2020, to 327 transactions, compared with the previous quarter’s 404 announced deals. M&A in the second quarter of 2020 was 33% lower than the same quarter in 2019. Combined spending in the second quarter totaled nearly $12.8 billion, based on disclosed prices, down 63% compared with the previous quarter’s $34.6 billion. Spending in the second quarter was 91% lower than the $138.9 billion reported in the same quarter in 2019, according to HealthCareMandA.com and Deal Search Online. The Behavioral Health Care, Home Health & Hospice, Long-Term Care and Physician Medical Groups sectors all showed double-digit declines in M&A activity compared with the first quarter of 2020 and the second quarter of 2019. However, Hospital M&A increased by 11% compared with the first quarter of 2019.
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Source: https://www.prweb.com/releases/health_care_m_a_volume_dropped_19_in_q2_2020_according_to_healthcaremanda_com/prweb17277801.htm