Healthcare firms completed fewer deals in the second quarter of this year compared with the prior quarter, but the overall value of the transactions surged on the heels of a number of blockbuster tie-ups.
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Source: ModernHealthcare.com
In total, the healthcare industry completed 321 deals in the second quarter, a 20% decrease compared with the 401 deals recorded in the first three months of the year. But acquirers put more money on the table, with the value of disclosed deals jumping 214.7% to reach $50.6 billion compared with $16.1 billion in the first quarter, according to Healthcare M&A Watch, Modern Healthcare's new quarterly report on healthcare merger and acquisition activity.
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