The health care industry was busy merging and acquiring in the second quarter, according to a report by Irving Levin Associates Inc.
Health care M&A activity was up 10 percent in the period, with 223 deals announced. Most dramatically, the value of deals rose from $14.9 billion in the first quarter to $52.6 billion in the second quarter, a 252 percent jump.
Three sectors posted declines, however. Behavioral health care (-43 percent), eHealth (-63 percent) and hospitals (-32 percent).
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Emily Holbrook
Emily Holbrook serves as owner and head content creator at Red Label Writing LLC, a content studio that collaborates primarily with the insurance and financial services sectors. She can be reached at [email protected].
