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The wave of large mergers and acquisitions (M&A) among hospitals and health systems shows no sign of abating. The 13 transactions (in three, the acquirer was a for-profit) reached a historic high of $19.2 billion in total transacted revenue, according to ‘Kaufman Hall’s Quarterly Mergers and Acquisitions Report.’ This more than doubles the total transacted revenue for hospitals and health systems of $8.5 billion in Q2 2021 (with the same number of transactions . . .

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