Big Health System Deals Dominate Transactions in October-The announced merger of two major Texas health systems is October’s deal-of-the-month.
Q3-2018 Home Health & Hospice Update– With the increasingly prevalent threat of larger payors entering the space, like Humana, we continue to see smaller groups utilize M&A as a way to offset the burden of competing with data capabilities and scale. Moreover, platform capable groups are turning towards private equity to take advantage of acquisition opportunities through a roll-up strategy.
Health IT Sector Showing High Potential for Accelerated Growth – The health information technology sector is poised to become the next big thing for investors in the health-care industry. The physician practices sector experienced the second-highest growth in July, with an emphasis on certain medical practice areas.
Q2-2018 Home Health & Hospice Update– Macro tailwinds, a fragmented competitive landscape, and positive reimbursement trends have continued to drive valuations. The second quarter of 2018 exemplified the trend of strategic consolidators, specifically larger insurers, fueling expansion through mergers and acquisitions in attempt to grow patient census, add new locations, and enter new geographies.
Amazon Deal Brightens Blasé January Health Transactions Landscape – The late January announcement that Amazon.com Inc., BerkshireHathaway Inc., and JPMorgan Chase & Co. plan to join forces to meet their employees’ health-care needs created a lot of health-care industry dealmaking buzz in a month that was otherwise on the quiet side.
Q4-2017 Home Health & Hospice Industry Update– Within the home health & hospice sector, Q4 2017 was headlined by landmark acquisitions amongst the industry’s largest providers, with Kindred Healthcare, Inc. (NYSE: KND) agreeing to be acquired by national insurer Humana, Inc. (NYSE: HUM) and the announcement of a merger between LHC Group (NASDAQ: LHCG) and Almost Family, Inc. (NASDAQ: AFAM).
Q3-2017 Home Health & Hospice Industry Update– Amongst the sub-divisions of home healthcare, there was particularly strong transaction activity within non-skilled personal care during the third quarter. Both Medicaid-reimbursed personal care and private pay have attracted considerable attention recently, with the franchisor model seemingly being preferable for the latter.