Q3-2019 Rehabilitation Update – Merger and acquisition activity within the rehabilitation sector continued at a strong pace during the third quarter of 2019. Macro tailwinds, a fragmented competitive landscape, and a focus on preventative care have continued to drive consolidation and valuations.
The Health-Care M&A Meter: Hot 2018 to Be Followed by Hotter 2019– The outlook for health-care mergers and acquisitions in 2019 suggests even more transactions this year as compared to 2018, with activity in the hospital and health system sector expected to continue, as well as increasing volume of deals in the physician services, home health. and health-care IT sectors.
Q4-2018 Rehabilitation Update – Physical therapy transaction activity remained strong in the fourth quarter of 2018, highlighted by Great Point Partners’ growth recapitalization of San Diego, CA-based Spine and Sport Physical Therapy. Given the high level of consolidation activity that occurred in 2018, Provident expects merger and acquisition activity in the space to remain strong for the foreseeable future.