M&A activity among hospitals and health systems increased in Q2 of 2023 — there were 20 deals in Q2 compared to 15 deals in Q1, according to a new report. This surge brought Q2’s M&A activity levels in line with those observed before the pandemic. Q2’s 20 deal marks the highest number of announced transactions for hospitals and health systems since Q1 of 2020.
Neenah, Wisconsin-based health system ThedaCare announced it is investing $3 million into Qventus, a SaaS company that uses artificial intelligence to automate care operations. The health system will collaborate with Qventus to develop new products, as well as support the company in expanding its technology to additional hospitals across the country.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.