September 11, 2023
Payers | Tea Leaves
  • A new report from KPMG found that health care mergers and acquisition activity hit a lull in the second quarter of 2023. There was a total of 245 deals in Q2 2023, 7 percent below deal volume in Q2 2022 and 41 percent below Q2 2021 levels. Forty-two percent of this year’s Q2 deals involved physician groups, 27 percent composed of health IT/digital health, 16 percent post-acute care, and 15 percent health systems. According to KPMG experts, there could be a higher level of activity through the first half of 2024 because “more large health systems may explore expansion opportunities to position themselves to excel in value-based care.” (Report here)