September 2019 M&A Spotlight: Hahnemann University Health Acquired
Written by: Eric Murphy, Managing Director, Global Healthcare Services
Hahnemann University Health has a 496-bed academic medical center which is a tertiary care institution that specializes in bariatric surgery, cardiac services, OB/GYN, orthopedics, medical, surgical and radiation oncology, bone marrow transplantation, renal dialysis, kidney and liver transplantation and transgender surgery.
Nearly all hospitals in the U.S. have set cost reduction targets and recognize their importance, yet fewer than one in four have achieved "most" or "all" of their cost transformation goals -- especially in non-traditional, high-opportunity cost reduction areas such as lowering unwarranted clinical variation.
187 medical office building transactions closed in September, totaling over $608 million or 3.04 million square feet. Texas had the most medical office building transactions with 18 (9.6% of total), followed by Florida with 16 sales (8.6% of total).
