Deal value declined 35.8 percent compared to the previous quarter, but healthcare merger and acquisition activity remained strong with 261 deals in Q3 2018.
Healthcare merger and acquisition activity was still trending up in the third quarter of 2018, but deal value dipped, the most recent US Health Services Deals Insights report from PricewaterhouseCoopers (PwC) showed.
PwC recorded 261 healthcare merger and acquisition deals in Q3 2018, slightly lower than the average of the preceding seven quarters (264 deals).
However, the number of deals was “still robust in historical terms,” the report stated. Quarterly healthcare merger and acquisition activity levels have exceeded 200 deals since the last quarter in 2014 and they have exceeded the 250 deal-mark for five consecutive quarters.
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