While hospice and home health M&A continue to burgeon, non-medical home care is starting to slip out from under their shadows.
Deal volume for non-medical home care companies outstripped that for hospice or home health during the first half of the year. As of the end of Q2, this included 23 deals compared to 17 each for Medicare-certified home health and for hospice, according to a report by M&A advisory firm Mertz Taggart.
“When it comes to dealmaking, non-medical home care long seemed like the younger sibling compared to its home health and hospice counterparts,” the firm indicated in the report. “That’s changing though, as the home care value proposition is more apparent amid the COVID-19 emergency.”
The pandemic did raise the profile of an already growing home-based care sector, and that trend continues to accelerate. Companies ranging from large health systems and private equity firms are eagerly pursuing investments in the space, and long-time players are working to diversify their services to include a broader care continuum.
This includes a growing interest in palliative care, hospital-at-home, skilled nursing-at-home, home-based primary care, and non-medical home care, as well as hospice and home health.
Access the full article on Hospice News: Hospice M&A Going Strong, But Non-Medical Home Care a Rising Star
About Hospice News
Hospice News (HN) is an independent source for breaking news and up-to-date information on the hospice industry. The coverage spans the hospice world specifically, from large, national service providers to independent care companies. Its news and perspective gives industry professionals the information they need to make the best decisions in their day-to-day business operations.
HN is owned and operated by Chicago-based Aging Media Network. For more information, visit https://hospicenews.com/. External Link. Opens in new window.. External Link. Opens in new window.. External Link. Opens in new window..