Healthcare mergers and acquisitions up in first quarter, report says
Hospital deals total $693 million in the quarter.
Healthcare deals totaled $104.7 billion in the first quarter, up 109 percent compared to the first quarter of 2014, according to preliminary estimates by Connecticut-based Irving Levin Associates.
Healthcare deals totaled $104.7 billion in the first quarter, up 109 percent compared to the first quarter of 2014, according to preliminary estimates by Connecticut-based Irving Levin Associates. The firm, which tracks healthcare M&A, said there were 346 deals across the various sectors of healthcare in the quarter.
[Also: Tracking 2015 mergers and acquisitions]
Levin bases its estimates on disclosed prices.
Major pharmaceuticals deals in the quarter include Pfizer's $17 billion takeover of Hospira and Abbvie's $20 billion buy of Pharmacyclics.
On the hospitals side, the first quarter has seen 23 deals, according to Levin, totaling $693 million.
Here's Levin's breakdown for the quarter:
| Sector | Deals | Dollars |
|---|---|---|
| Sector | Deals | Dollars |
| Behavioral Health | 8 | $83.1 million |
| Biotechnology | 61 | $35.1 billion |
| eHealth | 26 | $153.3 million |
| Home Health & Hospice | 16 | $138.5 million |
| Hospitals | 23 | $692.8 million |
| Labs, MRI & Dialysis | 4 | $70.0 million |
| Long-Term Care | 55 | $1.6 billion |
| Managed Care | 10 | $15.0 million |
| Medical Devices | 23 | $5.3 billion |
| Pharmaceuticals | 42 | $39.9 billion |
| Physician Medical Groups | 21 | 0 |
| Rehabilitation | 8 | $7.2 million |
| Other Services | 49 | $21.6 billon |
Twitter: @HenryPowderly
Correction: An earlier version of this post incorrectly labeled the amount of behavioral health deals.
