NEWMARK KNIGHT FRANK

September 2019 M&A Spotlight: Hahnemann University Health Acquired

Article commentary by: Eric Murphy, Managing Director, Global Healthcare Services

Hahnemann University Health has a 496-bed academic medical center which is a tertiary care institution that specializes in bariatric surgery, cardiac services, OB/GYN, orthopedics, medical, surgical and radiation oncology, bone marrow transplantation, renal dialysis, kidney and liver transplantation and transgender surgery. It has reached an agreement to be acquired by Drexel University Endowment and Tower Health for $50 million.

  • Headquarters: Philadelphia, PA

  • Number of Beds: 496

  • Industry: Hospitals/Inpatient Services

  • Services: Academic Medical Center

  • Acquired By: Drexel University Endowment and Tower Health

  • Acquisition Date: September 20, 2019

  • Type: M&A, Private Equity

  • Deal Amount: $50M

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Source: PitchBook Data, Inc., Newmark Knight Frank
M&A Deals represent Hospital/Inpatient Services and Clinics/Outpatient Services transactions

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