We are happy to announce that ECG’s Healthcare Mergers and Acquisitions (M&A) Update for Q2 of 2026 is now available! This edition features a spotlight on academic health systems.
Here are three key takeaways:
- There were 357 announced US transactions in Q2 2026, compared to 424 in the prior quarter.
- Notable transactions from the quarter include the following:

- Announced US healthcare private equity transactions decreased from 139 deals in Q1 of 2026 to 131 transactions in Q2 of 2026.
- The quarter was marked by General Atlantic’s acquisition of TEAM Services Group, a home health transaction valued at $3 billion, continuing the trend of home health private equity acquisitions highlighted in previous quarterly updates. Significant healthcare private equity transactions announced in the quarter included the following:

- Financial distress is accelerating M&A activity across the health system landscape, and despite facing similar and often greater financial pressures as community hospitals, academic health systems remain active acquirers and often emerge as partners of choice.
We want to hear from you.
Connect with ECG’s Mergers, Acquisitions, and Partnerships team to share your thoughts and concerns.