As a valuation/merger and acquisition professional, I have noticed that our firm has experienced a significant increase in the volume of health care transactions over the past few years. I often receive inquiries regarding market data in the health care sector and would like to share some of this information.
Irving Levin Associates is a leading publisher of merger and acquisition data in the health care industry. For over 60 years, this company has been providing Wall Street investors and health care professionals with market intelligence on mergers and acquisitions (“M&A”). Their team of research analysts compiles information from press releases, trade journals, SEC filings and medical cost reports.
Following, I have presented the results of two of their 2012 reports, The Health Care Services Acquisition Report and The Hospital Acquisition Report, in which they identify recent trends. These reports focus on the deals that were announced in 2011 (through June 30, 2012 for hospitals), and for comparative purposes in the development of trend analyses this information is compared to historical data as far back as 2007. Upon review of their data, I noticed a few locally announced transactions were not included, which explains why the number of non-hospital provider transactions appears low. It appears that many smaller transactions are not noticed by their research team.