Healthcare Insights

Top 10 health systems in the news for mergers and acquisitions

Healthcare systems in the U.S. are growing in size 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.

The Definitive Healthcare HospitalView product tracks healthcare system and hospital M&A news stores and has records on more than 3,800 healthcare facility M&A news items.

The following table lists the top 10 health systems with the most M&A news stories tracked by Definitive Healthcare between January 2018 and February 2023.

Health systems in the news for M&A activity

RankDefinitive IDOrganization nameNumber of M&A news storiesExplore dataset
14710HCA Healthcare (FKA Hospital Corporation of America)33Explore
2542233Community Health Systems (AKA CHS)31Explore
3809519LHC Group27Explore
47277Encompass Health Corporation (FKA HealthSouth)23Explore
5542211WVU Medicine (AKA West Virginia University Health System)22Explore
64685Tenet Healthcare21Explore
77004LifePoint Health (FKA LifePoint Hospitals)16Explore
84694AdventHealth (FKA Adventist Health System)15Explore
97190Care New England15Explore
10829066Hackensack Meridian Health15Explore

Fig. 1 Data is from Definitive Healthcare HospitalView product. News and intelligence data is proprietary and updated daily. Accessed March 2023.

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

HCA Healthcare, headquartered in Nashville, Tennessee, tops our list with 33 merger and acquisition news stories between January 2018 and February 2023. HCA Healthcare is the largest healthcare system in the U.S. and is a top IDN when measured by number of hospitals and total number of beds.

Community Health Systems (CHS), based in Franklin, Tennessee, had 31 merger and acquisition news stories. It is another top health system in the U.S. and appears in other top news story lists, such as healthcare funding and financing news.

How many healthcare facility M&A stories are there each year?

Based on the M&A news stories tracked in the Definitive Healthcare HospitalView product, on average there are about 200 news stories each calendar year.

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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.