The hospital sector represented approximately 1 percent of the entire healthcare industry's nearly $58.9 billion captured in mergers and acquisitions activity for the third quarter of 2011, according to a news release.
The medical devices sector captured approximately $12.9 billion in M&A activity, representing the largest portion of 3Q healthcare M&A activity (22 percent). In addition, the quarter's largest deal involves the proposed combination of two pharmacy benefits managers: Express Scripts announced plans to acquire Medco Health Solutions for $29.1 billion.
With only $19.4 billion needed to meet 2010's M&A spending of $205.3 billion, this year's M&A activity is poised to surpass last year's M&A activity by 20 percent. For the first three quarters of 2011, the healthcare merger and acquisition market has posted 707 deals worth a combined total of $185.9 billion. Based on results from the past 10 years, 2011 will take its place among the top five years for healthcare M&A.
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The medical devices sector captured approximately $12.9 billion in M&A activity, representing the largest portion of 3Q healthcare M&A activity (22 percent). In addition, the quarter's largest deal involves the proposed combination of two pharmacy benefits managers: Express Scripts announced plans to acquire Medco Health Solutions for $29.1 billion.
With only $19.4 billion needed to meet 2010's M&A spending of $205.3 billion, this year's M&A activity is poised to surpass last year's M&A activity by 20 percent. For the first three quarters of 2011, the healthcare merger and acquisition market has posted 707 deals worth a combined total of $185.9 billion. Based on results from the past 10 years, 2011 will take its place among the top five years for healthcare M&A.
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