April 21, 2022
  • The Department of Health and Human Services (HHS) released its first quarterly report of hospital and nursing home mergers and acquisitions from 2016 through 2022. According to the analysis of 347 hospital transactions, hospitals in urban areas and with lower profit margins were sold more than twice as often as those with the highest profit margins. Long-term care hospitals changed ownership at substantially higher rates than other hospitals and more hospital transactions occurred in the South, where many for-profit chains are based. South Carolina had the highest rate of ownership changes with 14 out of its 73 facilities changing hands. (Report here; Articles here and here)