Hospital merger and acquisition volume declined 42.9 percent year-over-year to 12 deals in the first quarter of 2014, according to a report from Irving Levin Associates.
During the three months ended March 31, 12 hospital deals were announced, down from 17 in the fourth quarter of 2013 and 21 in the first quarter of last year.
Healthcare merger and acquisition volume across all sectors, however, was up by nearly 13 percent year-over-year, with 239 deals announced in the first quarter of 2014. Overall deal value also increased 217 percent, from $15.6 billion in the first quarter of 2013 to $49.6 billion this year, according to the report.
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