Slightly fewer healthcare-services mergers and acquisitions were announced in 2006 compared with 2005, but the total value of deals nearly doubled, thanks largely to the $33 billion leveraged buyout of HCA, Nashville, according to Irving Levin Associates, Norwalk, Conn. Levin said 520 deals were announced in the healthcare services field in 2006, compared with 527 deals in 2005. The value of deals for which figures are public rose to $88.93 billion, up from $46.27 billion in 2005. In all, there were 53 hospital deals announced with a value of $34.9 billion, compared with 50 hospital deals valued at $2.88 billion in 2005. The size of managed-care deals fell dramatically: There were 27 deals valued at $1.2 billion in 2006, compared with 30 deals valued at $19.1 billion in 2005. The number of long-term-care deals increased 11% to 143, and the total value more than tripled to $22.5 billion, compared with 2005. Dealmaking in healthcare technology sectors (biotechnology, e-health, medical devices and pharmaceuticals) also was strong. The number of technology deals announced rose to 471, versus 443 in 2005, and the total value increased to $171.8 billion, up 48% from 2005.-- by Vince Galloro
Number of deals drops slightly in 06
Send us a letter
Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.
Recommended for You