This figure is down by 14 percent from the fourth quarter of 2022 and 4 percent from the first quarter of 2022, according to data from LevinPro HC.
Disclosed spending also saw a significant decrease, with announced spending from across three deals in the first quarter totaling $106.3 million. Meanwhile, announced spending in the final quarter and first quarter of 2022 was $505.1 million and $1.5 billion, respectively.
The largest transaction so far in 2023 was Vasan Eye Care’s acquisition by ASG Eye Hospitals for approximately $64.3 million.
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