For-profit hospital acquisitions accelerate

For-profit hospitals are no longer in a holding pattern now that health reform is the law of the land. For-profit hospitals have significantly boosted their efforts to find new acquisition opportunities--and that trend is likely to continue, according to a new report from Moody's Investors Service. For-profit hospitals are able to take advantage of acquisition opportunities thanks to a build-up of cash and increased access to capital markets, according to the report. However, hospitals aren't always focusing on traditional targets such as an underperforming hospital in a high-growth market. For-profits are branching out into other healthcare sectors, including behavioral healthcare services, long-term acute care and post-acute care. Press release

Suggested Articles

There is a potential legal skirmish brewing between two of the largest telehealth companies over patent claims.

Democrats turned a conversation with officials Wednesday back to what they say could become a big problem: COVID-19 as a preexisting condition.

Buoyed by strong demand for its stock, GoodRx raised $1.1 billion in its IPO after pricing its deal well above its expected price range.