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August 26, 2024

The hottest market for hospital M&A

Becker's Hospital Review
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Summary
Hospital consolidation in Pennsylvania has surged, leading the nation in merger and acquisition activity this year. Notable deals include Risant Health’s acquisition of Geisinger Health, UPMC’s expansion with Washington Health, and WellSpan Health’s integration of Evangelical Community Hospital. Additionally, Jefferson Health merged with Lehigh Valley Health Network, Penn Medicine plans to acquire Doylestown Health, Community Health Systems is selling three hospitals to WoodBridge Healthcare, and CHA Partners intends to buy Crozer Health. These transactions illustrate a broader trend of strategic consolidations aimed at expanding healthcare networks and enhancing service offerings.

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