Q2 2026 M&A: Momentum continues after late 2025 rebound

M&A activity in Q2 continued last quarter's momentum, ranking among the highest levels of Q2 hospital M&A since 2019, according to Kaufman Hall’s latest M&A quarterly activity report. Hospitals and health systems were involved in 18 announced M&A transactions in the second quarter of 2026, with a growing wave of large partnerships.