Home Health M&A Market Slowed in Q3, But Big Transactions Kept Deal Values High
The first half of 2022 revealed a shift away from the pandemic-fueled activity in the Home Health & Hospice (HH&H) M&A market seen during 2020 and 2021. This trend has carried through to the third quarter of 2022, which included 25 deals, a 43% drop from 2021’s third quarter when there were 44 announced transactions in the sector. Through the end of the third quarter this year, there have been 83 transactions announced in the HH&H sector, which covers the categories of home health, home hospice, palliative care, durable medical equipment, respiratory home care, geriatric care management, personal care, home aides and multi-service providers. Deals this year have fallen 24%... Read More »
Healthcare M&A Activity Remained Strong in Q3:22, According to Market Data Captured By Irving Levin Associates, LLC
Healthcare merger and acquisition activity remained extremely active during the third quarter of 2022, with 734 publicly announced deals, according to new data captured by Irving Levin Associates on its LevinPro HC platform. While some sectors, like Hospitals and Managed Care, had a significant increase in activity, others like Medical Devices experienced a slowdown. Transaction volume in Q3:22 remained virtually the same with deal totals in Q2:22, but increased by nearly 20% compared with the third quarter in 2021. Healthcare M&A deal value totals revealed a slight increase from $57.74 billion in Q2:22 to $58.2 billion during Q3:22. The total disclosed dollars spent fell... Read More »
Behavioral Health M&A Market Slows in Third Quarter
The Behavioral Health Care (BHC) sector appeared to be on the up-and-up since breaking records in deal totals in 2021 when there were 124 transactions announced. So far, during 2022, there have been 79 deals announced as of September 30, 2022, falling just short of the 83 deals announced during the same 2021 period. Although, pre-2021, this would be a strong showing for this market, it pales in comparison to the incredible growth we’ve been seeing lately in the BHC sector, which started to slow near the end of the third quarter. There were 23 BHC deals announced during Q3 of 2022 across nine different subsectors, including substance use, autism & I/DD services, psychiatric/clinical... Read More »
Hospital M&A Market Flash Update
Investment activity in healthcare is extremely healthy this year, with deal volume expected to break records. However, the hospital market seems to be in a different spot, based on year-to-date numbers. Through Q3, there have been 42 announced transactions, compared with 70 total in 2021. Deal closures have been slower, most likely due to market headwinds facing health systems and providers, such as labor shortages. There has also been stricter scrutiny of mergers and acquisitions from the Federal Trade Commission (FTC). The regulatory agency has sued to block several mergers, such as the deal between HCA Healthcare and Steward Health Care System for a sale of five hospitals in Utah and... Read More »
Physician Medical Group M&A Activity Rises 5% in Q2:22
M&A activity in the Physician Medical Group (PMG) sector rose in Q2:22, reaching 142 publicly announced deals, which is a 5% increase from Q1:22 that saw 135 deals and a 35% increase from Q2:21 that saw 105 deals, according to LevinPro HC. This indicates that the PMG M&A market is not only stable but growing. However, while deal quantity shot up, disclosed spending was down by a fair amount. In Q2:22, disclosed spending barely reached $386 million, which is a major reduction from the previous quarter that had more than $1.5 billion in total disclosed sale prices. It is even a decline from Q2:21 that saw $489.2 million in announced prices. The largest PMG deal of the quarter was... Read More »Schedule a demo
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