according to a new Kaufman Hall report. Rather, it means that the hospital M&A is shifting its emphasis from scale to strategy. Hospitals’ operating margins and patient volumes dropped slightly ...

Leadership shakeups could also prompt new thinking about merger and acquisition strategy, according to the report. A growing number of executives will retire this year, Kaufman Hall said.

1. There were 95 health system downgrades across Fitch, Moody's and S&P in 2024, down from 116 in 2023, according to the report. 2. There were 37 upgrades in 2024, up from 33 in 2023.