Health-Care Deals Stay Strong in August Amid Covid-19 Surge

Sept. 29, 2021, 9:41 AM UTC

The pace of mergers and acquisitions in health care remained brisk in August and appears likely to continue or accelerate for the rest of what could be a record-setting year.

Overall, August saw 252 deals, bringing the monthly average for the year to 243, a sharp increase over 2020’s average of 161, said Larry Kocot of KPMG in Washington.

But the recent surge in Covid-19 cases could present short-term headwinds for health-care sector investments amid over-strapped hospitals and disruptions in staffing and care, Kocot said.

“The country remains well short of ambitious Covid-19 vaccination rate targets, and some parts of ...

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