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36 INTEGRATION STRATEGY Hospital M&A Continues to Accelerate in First Half of 2016: 7 Findings By Tamara Rosin H ospital merger and acquisition activity remained strong in the first half of 2016, according to the latest analysis by Kaufman, Hall & Associates. Kaufman Hall identified 52 hospital and health system transactions in the first two quarters of 2016, up 6.1 per- cent from the 49 transactions recorded in the first half of 2015. There were 27 transactions in the second quarter of 2016 alone, up 3.8 percent from 26 transactions recorded in the second quarter of 2015. Here are seven more observations on transactions in the first half of 2016, according to Kaufman Hall. 1. Transactions occurred across a broad range of acute care segments, including nonprofit, for-profit, rural, ur- ban and academic healthcare organizations. 2. Of the 52 transactions that took place in the first half of the year, 39 involved acquisitions by nonprofit organizations and 12 involved acquisitions by for-prof- it organizations. One transaction involved a nonprofit/ for-profit combination. 3. Twelve transactions involved partnerships with faith- based organizations. 4. A total of 11 publicly owned, nonprofit hospitals were acquired. 5. Texas had the most transactions of any state, with 11 deals. 6. The two organizations involved in the most transac- tions were Buffalo, N.Y.-based Kaleida Health and Nash- ville, Tenn.-based HCA Healthcare, which were involved in four and three deals, respectively. 7. The largest deal announced in the second quarter of 2016 was King of Prussia, Penn.-based Universal Health Services' $445 million acquisition of the remaining in- terest in Las Vegas-based Valley Health System. "The continuing uptick in mergers and acquisitions is not surprising," said Anu Singh, Managing Director at Kaufman, Hall & Associates. "The industry is rapidly chang- ing and many organizations are not optimally positioned to navigate the transition to value-based care on their own. Healthcare leaders should thoroughly evaluate the part- nership options to help ensure strong, competitive posi- tioning for their organizations into the future." n Where Are the Nation's Newest Medical Schools? By Erin Dietsche W hile scores of universities want to open their own medical schools, 17 have been fully accredited since 2007, according to U.S. News & World Report. Experts attribute the number of new medical schools to various factors, including the na- tionwide physician shortage. Just where are these medical schools? e majority are on the East Coast. Below is a list of the 17 new medical schools that have sprouted up since 2007, as well as the year of their full accreditation. Edward Via College of Osteopathic Medi- cine–Virginia campus (Blacksburg), Caroli- nas campus (Spartanburg, S.C.) and Auburn (Ala.) campus — 2007 Florida International University's Herbert Wertheim College of Medicine (Miami) — 2007 Texas Tech University Health Sciences Center El Paso's Paul L. Foster School of Medicine — 2008 e Commonwealth Medical College (Scran- ton, Pa.) — 2008 University of Central Florida College of Med- icine (Orlando) — 2008 Virginia Tech Carilion School of Medicine (Roanoke) — 2009 Hofstra Northwell School of Medicine (Hempstead, N.Y.) — 2010 Oakland University William Beaumont School of Medicine (Rochester, Mich.) — 2010 A.T. Still University School of Osteopathic Medicine in Arizona (Mesa) — 2011 Cooper Medical School of Rowan University (Camden, N.J.) — 2011 Florida Atlantic University's Charles E. Schmidt College of Medicine (Boca Raton) — 2011 Lincoln Memorial University's DeBusk Col- lege of Osteopathic Medicine (Harrogate, Tenn.) — 2011 Touro College of Osteopathic Medicine (New York City) — 2011 University of South Carolina School of Medi- cine Greenville — 2011 Pacific Northwest University of Health Sci- ences (Yakima, Wash.) — 2012 Rocky Vista University College of Osteopath- ic Medicine (Parker, Colo.) — 2012 William Carey University College of Osteo- pathic Medicine (Hattiesburg, Miss.) — 2014 n