Capex surges to highest since 2008
Hospital and health system capital expenditures in fiscal 2025 reached their highest since the start of the financial crisis in 2008, according to Fitch Ratings Capital expenditure (capex) as a percentage of depreciation expense surged to 142.7% in fiscal 2025, the highest since it was 154.4% in fiscal 2008, among the hospitals and health systems…
Policy clarity drives hospitals’ M&A surge
Hospital mergers and acquisitions (M&As) jumped in 2026 to a six-year high amid greater clarity in policies that will affect those organizations. Hospital M&A activity comes in stark contrast to other parts of the healthcare sector, which have slowed transactions due to higher borrowing costs. The 22 hospital and health system transactions announced in Q1…
Health System M&A Trends in 2026 Point to More Deals, Different Targets
Hospitals and health systems were expected to accelerate the trend of mergers and acquisitions (M&A) in 2026, although the type and size could change, said an industry advisor. Anu Singh, managing director for Kaufman Hall, said that overall, he expects health system M&A trends in 2026 to continue those of previous years. Those trends include:…
Hospital M&A forecast to increase in 2025
Hospitals are expected to see an increase in mergers and acquisitions in 2025, with non-hospital deals likely to grow faster, according to Anu Singh, managing director for Kaufman Hall.