Economic and Election Uncertainty Slows 2024 Physician Group M&A Activity

Economic and Election Uncertainty Slows 2024 Physician Group M&A Activity

The Physician Medical Group (PMG) sector experienced a decline in deal volume throughout the year. In 2024, 473 PMG deals were announced, a 12% decline from the 537 PMG deals announced in 2023 and a 24% decrease from the 622 deals reported in 2022. In the fourth quarter of 2024, there were 101 PMG deals, which is the slowest quarter for the year.  Some advisors that the LevinPro HC team has spoken to throughout the year have noted several significant factors contributing to the decline in PMG deal volume. Common themes that advisors cited were uncertainty surrounding the election, an unstable economy, higher interest rates and even heightened scrutiny surrounding private equity... Read More »
The Current State of the Healthcare Investment Market: Insights from the McGuireWoods Healthcare Finance and Growth Conference

The Current State of the Healthcare Investment Market: Insights from the McGuireWoods Healthcare Finance and Growth Conference

McGuireWoods’ 17th Annual Healthcare Finance and Growth Conference brought together more than 200 healthcare leaders to explore the latest developments and challenges shaping the industry in 2024 and beyond. Through a combination of in-depth panels and engaging networking sessions, attendees had the opportunity to connect with industry peers and gain insights into emerging trends and sectors, from the future of telehealth to the evolving role of value-based care in driving healthcare outcomes. With 15 panels and 57 speakers, the conference covered a wide array of topics, offering actionable strategies for navigating the current and evolving healthcare investment market landscape. On day... Read More »
Healthcare M&A Dips: August Sees 9% Decline in Deals

Healthcare M&A Dips: August Sees 9% Decline in Deals

Healthcare mergers & acquisitions (M&A) deal activity declined in August 2024, according to data captured in the LevinPro HC database. Totaling 161 transactions throughout the month, this is an approximately 9% decrease from July 2024, when 177 healthcare transactions were reported. The deal volume of the entirety of August 2024 accounts for nearly 12% of the 1,352 healthcare transactions announced since the start of the year.  While most sectors reported similar numbers between July and August, markets such as Other Services and Biotechnology & Pharmaceuticals (Biopharma) saw a steep decline. The Biopharma space declined from 18 transactions in July 2024 to 14 in August... Read More »
Most Active States for Healthcare Services M&A in 2024 (So Far)

Most Active States for Healthcare Services M&A in 2024 (So Far)

As the healthcare industry continues to evolve, mergers and acquisitions (M&As) have become a strategic tool for providers to expand their reach, enhance services and improve efficiency. This year, certain states have emerged as particularly active hubs for healthcare services M&A. The healthcare services sectors included in this report include Behavioral Health Care, Home Health & Hospice, Hospitals, Laboratories, MRI & Dialysis, Long-Term Care, Managed Care, Physician Medical Groups, Rehabilitation and Other Services (a mix of companies providing ancillary healthcare services, or those relating to healthcare). This analysis examines the most active U.S. states and regions... Read More »
M&A Deal Volume Increases in July 2024: A Conversation with Andre Ulloa and Mark Thomas

M&A Deal Volume Increases in July 2024: A Conversation with Andre Ulloa and Mark Thomas

In July 2024, there were 175 healthcare transactions reported, marking an 8% increase from June 2024 when 162 deals were announced and a 4% from July 2023 when 168 healthcare acquisitions were reported. The deal volume of July 2024 accounts for nearly 15% of the 1,190 healthcare transactions announced since the start of 2024. The most active sector was Other Services with 56 acquisitions. Other Services is a catch-all/miscellaneous sector that encompasses a variety of transactions from medical outpatient buildings (MOBs) to contract development manufacturing organizations (CDMOs). In July 2024, there were 19 MOB transactions, four infusion service acquisitions and two CDMO deals. The... Read More »
Why Invest in the Health Clinic Market

Why Invest in the Health Clinic Market

We sat down and spoke with industry expert Andre Ulloa, Partner and Executive Advisor of M&A Healthcare Advisors, to discuss the key considerations investors should know before investing in the health clinic market. Ulloa sheds light on the factors driving the recent surge in health clinic investment, and what’s to come for this booming market. What is a Health Clinic?  A health clinic, also called a walk-in clinic, is a convenient option for immediate, non-emergency medical care. These types of clinics can treat a wide range of conditions, such as the flu, strep throat, small cuts and skin infections. They can also provide services like physical exams, immunizations and similar... Read More »