Managed care deals accounted for just 2% of the dollar value of health care mergers and acquisitions in the second quarter, according to Irving Levin Associates Inc.
Analysts at Irving Levin, Norwalk, Conn., say managed deals accounted for just $1.7 billion of the $74 billion in second-quarter deal volume, or 2% of the total.
Although managed care M&A dollar volume was low, the number of managed care deals increased to 7, from 3 in the second quarter of 2010, the analysts say.
Medical devices deals accounted for 45% of the dollar volume, and pharmaceutical deals accounted for 37%.
- Allison Bell