Top 10 health systems in the news for mergers and acquisitions

Healthcare systems in the U.S. are growing through facility mergers and acquisitions (M&A). Provider organizations make these moves with intentions ranging from increasing local and regional market share to reaping the benefits of supply chain integration. However, patients may see reductions in their care provider choices or increasing out-of-pocket costs from health system consolidations.

What segment of the healthcare market is seeing the most M&A activity?

Between 2017 and November 2021, Definitive Healthcare recorded more than 4,000 merger and acquisition news stories. About 1,900 stories were on health system and hospital M&A news and another 1,100 stories covered long-term care facilities.

The following table lists the top ten health systems with the most merger and acquisition news stories tracked by Definitive Healthcare between 2017 and 2021. 

Health systems in the news for M&A activity

Rank Organization Name Number of M&A News Stories
1 Community Health Systems 52
2 HCA Healthcare 41
3 Tenet Healthcare 26
4 LHC Group 26
5 Encompass Health Corporation 23
6 University of Pittsburgh Medical Center (UPMC) 21
7 Mass General Brigham 21
8 Ascension Health 21
9 WVU Medicine 20
10 Kindred Healthcare 20

Fig. 1 Data is from Definitive Healthcare HospitalView product. News and intelligence data is proprietary and updated daily. Data accurate as of November 2021.

Which health systems have the most news stories on M&A?

Community Health Systems (CHS), based in Franklin, Tennessee, tops the list with 52 merger and acquisition news stories. HCA Healthcare (Nashville, Tennessee) had 41 M&A news stories between 2017 and 2021. Tenet Healthcare (Dallas, Texas) and (Lafayette, Louisiana) each had 26 news stories over the past several years.

Healthcare Insights are developed with healthcare commercial intelligence from the Definitive Healthcare platform. Want even more insights? Start a free trial now and get access to the latest healthcare commercial intelligence on hospitals, physicians and other healthcare providers.

Explore our data