• LevinPro HC Stat of the Week, December 5, 2025

    eHealth Activity Hits 3-Year High (Already) Source: LevinPro HC, December 2025 With still a month left in 2025, eHealth M&A activity has hit a 3-year high, with 280 deal announcements, a 13% increase over last year’s volume. Although AI has been a hot topic in healthcare (and just about everywhere), our LevinPro HC data shows that... Read More »
  • INVO Fertility Acquires Family Beginnings 

    INVO Fertility, part of INVO Bioscience, Inc., reported on November 28 that it was expanding its presence with the acquisition of Family Beginnings.  Family Beginnings is a fertility clinic based in Indianapolis, Indiana. According to its website, the practice is run by Dr. James G. Donahue.  Founded in 2009, INVO Fertility healthcare... Read More »
  • Hims & Hers to Acquire YourBio Health

    Leading health and wellness platform Hims & Hers Health, Inc. announced that it has entered into a definitive agreement to acquire YourBio Health, Inc., a Flagship Pioneering portfolio company. YourBio Health is a Boston-based pioneer in capillary whole blood sampling technology. The company invented ‘Touch-Activated Phlebotomy’ for virtually... Read More »
  • BriteLife Recovery Buys New Jersey-Based Summit Behavioral Health

    BriteLife Recovery will be acquiring Summit Behavioral Health, according to a December 2 announcement. The acquisition marks BriteLife Recovery’s first expansion into outpatient programming. Summit Behavioral Health is a community-based intensive outpatient program (IOP) in Princeton Junction, New Jersey. BriteLife Recovery is a provider of... Read More »
  • INVO Fertility Acquires Family Beginnings 

    INVO Fertility, part of INVO Bioscience, Inc., reported on November 28 that it was expanding its presence with the acquisition of Family Beginnings.  Family Beginnings is a fertility clinic based in Indianapolis, Indiana. According to its website, the practice is run by Dr. James G. Donahue.  Founded in 2009, INVO Fertility healthcare... Read More »
November Deal Activity Slows as ACA Premium Vote Remains Uncertain

November Deal Activity Slows as ACA Premium Vote Remains Uncertain

November saw a flurry of announcements that could have a significant impact on the healthcare M&A industry.  With the government shutdown ending, Medicare telehealth flexibility was extended through January 30, 2026, which restored eligibility for physical and occupational therapy and speech-language pathology providers to provide care via telehealth. The extension will likely renew investor interest in the telehealth space, as M&A volume has slipped in the past few months. The Acute Hospital Care at Home program has also been extended through the end of January, something health systems will definitely want to push to make permanent. With the extension set to continue for... Read More »
Beyond the Deal Volume: A Conversation With CEO Doug Drew of USOSM

Beyond the Deal Volume: A Conversation With CEO Doug Drew of USOSM

Driven by a highly fragmented market landscape and sustained patient demand for care, the dental industry has emerged as an appealing sector for strategic consolidation and acquisition opportunities in the past five years. According to data captured in the LevinPro HC M&A database, the dental industry represents 48% of the Physician Medical Group sector’s activity, with 219 transactions announced since the start of 2025. Formed in 2017 and backed by Oak Hill Capital Partners, U.S. Oral Surgery Management (USOSM) has crafted a reputation as a dominating force in the dental space. With a presence in more than 30 states, USOSM provides operational, financial and administrative support... Read More »
October Deal Volume Dips 17% as Market Pressures Mount

October Deal Volume Dips 17% as Market Pressures Mount

The last few months have been a relentless storm of reimbursement and market changes. Far from finding calm, October has seen new challenges that have that power to impact healthcare M&A and deal activity.  With substantial economic and regulatory pressures, healthcare M&A activity in October declined, but remained steady overall. According to data captured in the LevinPro HC database on November 3, preliminary numbers indicate that there was a 17% drop in deal volume from September (195 transactions) to October 2025 (162 transactions). It is worth noting that September 2025’s high deal activity is more of an outlier; October’s activity was more consistent with the... Read More »
AI, Pharma Services and Tariffs: The Healthcare Outlook from HPE New York

AI, Pharma Services and Tariffs: The Healthcare Outlook from HPE New York

In mid-October, McDermott Will & Schulte’s Healthcare Private Equity New York conference brought healthcare leaders together to analyze the key challenges and trends shaping the industry in 2025. For one busy day, attendees heard from a series of panels that guided them through the complexities of private equity in healthcare and highlighted the most compelling investment sectors. It should be noted that media at the conference were bound by the Chatham House Rule, so we will refer to panelists anonymously unless we have received direct permission to use their names.  “The boom days are back,” one panelist declared, echoing the enthusiasm at the conference around the... Read More »
Inside the 2025 Clinical Trials M&A Market

Inside the 2025 Clinical Trials M&A Market

The clinical trials market, part of our newly formed Life Sciences R&D sector, has seen a shift in M&A deal volume over the last few years. The post-pandemic dealmaking frenzy has cooled, with acquirers now making more strategic and deliberate moves over the large-scale expansion of previous years. According to data captured in the LevinPro HC database, deal volume was modest before the post-pandemic surge, with 12 deals in 2019, 14 in 2020 and 18 in 2021. Volume escalated more than 66% in 2022 when 30 deals were reported. It hit a high in 2023 when 43 acquisitions were announced. However, M&A activity fell 37% in 2024 with 27 deals. If activity continues at its current pace,... Read More »
Private Equity Interest Drops in First Half of 2025

Private Equity Interest Drops in First Half of 2025

In the first half of 2025, private equity firms and their sponsored companies (“PE Buyers,” collectively) announced 326 transactions in the healthcare M&A market, or approximately 32% of all the 1,036 announced healthcare deals, according to data captured in the LevinPro HC platform. The deal volume in Q2:25 (148 deals) represents a nearly 17% decrease in M&A volume from Q1:25 (178 deals). Activity in Q2:25 is also 24% lower than the 194 PE-backed transactions reported in the second quarter of 2024. For the first two quarters of the year, disclosed spending reached more than $32.8 billion across 17 transactions. The first quarter saw more than $29.9 billion in disclosed spending... Read More »