The volume of announced and closed healthcare industry deals in Q3 2024 (498) remain at the lower levels observed thus far throughout the year. Deal volume slowly declined throughout the quarter with 175 deals in July, 170 in August, and 153 in September. Despite the overall lower volume, there are still major deals happening in the market with hospital systems and rehabilitation & long-term care groups standing out, rewarded by public markets due to their essential services, good margins, and steady growth. As with earlier this year, a number of targeted strategic mega-deals occurred in the hospital/health system sub-sector in Q2 and Q3, including Risant’s acquisition of Cone and the Jefferson and Lehigh Valley merger.
Read the full article: Healthcare M&A Insights: Q3 2024 & End-of-Year Outlook //
Source: https://www.modernhealthcare.com/finance/healthcare-ma-insights-q3-2024-end-year-outlook