NEWMARK

December M&A Recap

4 physician groups and 13 hospitals were acquired in December 2017. The largest hospital acquired was Aurora Health Care, a 2,019 bed hospital in Milwaukee, Wisconsin which was acquired by Advocate Health Care. The largest physician group acquired was Dermatology Alliance in Texas with 3 physicians and was acquired by Epiphany Dermatology. 2017 M&A transactions for Hospitals and Medical Physician Groups finished on a similar pace as 2016 (220 Total Transactions in 2017 vs 219 Total Transactions in 2016).


(Source: Irving Levin Associates, Newmark)

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All information contained in this publication is derived from sources that are deemed to be reliable. However, Newmark has not verified any such information, and the same constitutes the statements and representations only of the source thereof, and not of Newmark. Any recipient of this publication should independently verify such information and all other information that may be material to any decision that recipient may make in response to this publication, and should consult with professionals of the recipient's choice with regard to all aspects of that decision, including its legal, financial, and tax aspects and implications. Any recipient of this publication may not, without the prior written approval of Newmark, distribute, disseminate, publish, transmit, copy, broadcast, upload, download, or in any other way reproduce this publication or any of the information it contains. This document is intended for informational purposes only and none of the content is intended to advise or otherwise recommend a specific strategy. It is not to be relied upon in any way to predict market movement, investment in securities, transactions, investment strategies or any other matter.

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