Buyout time as Mergers Increase in Healthcare area

As this short quote notes there is also diversification that can create new synergies within a portfolio! From this site.

The buyout shops are purchasing hospitals, no doubt in a charitable
effort to make health care more available. Cerberus Capital Management
went one step further striking a deal to acquire Caritas Christi Health
Care, a large Massachusetts hospital chain. To ensure that the hospital
chain will have an opportunity to treat more people, Cerberus also owns
Freedom Group Inc., one of the world’s largest makers of firearms and
ammunition.