Healthcare mergers and acquisitions break records in Q2

Healthcare mergers and acquisitions (M&A) posted a healthy gain for the second quarter of 2011, with 243 total deals worth a robust $73.7 billion, according to a new report by Irving Levin Associates.

The M&A activity recorded a 6 percent uptick from the first quarter of 2011, which contained a total of 229 transactions, and is up 3 percent from the second quarter of 2010, when 233 deals were reported.

The dollar value of the deals was up 44 percent from the first quarter of 2011, which was valued at $51.1 billion, and up 61 percent from the second quarter of 2010, when the transactions were valued at $45.7 billion.

"As far as dollar volume is concerned, M&A activity is on track to break all previous records in this market," the Connecticut-based company announced.

The healthcare services segment--which includes hospitals--led the pack, with 139 transactions for the quarter, representing 57 percent of all deals. Although hospitals were involved in 32 transactions, it represented only 5 percent of the total dollar value of the deals.

Healthcare technology represented the remaining 43 percent of the mergers and acquisitions. Within subsets, deals involving home health, physician medical groups and behavioral health were negligible, representing less than 1 percent of all the deals in the healthcare sector.

To learn more:
- read the Irving Levin Associates press release