Home Health Care News March 17, 2020
Amid the ongoing COVID-19 pandemic, concern has started to bubble up to the surface over a potential disruption to in-home care M&A activity.
For now, experts say it’s business as usual. But coronavirus could have some negative impact in the long-run.
In fact, on Tuesday, S&P Global economists predicted a global recession for 2020, forecasting GDP growth in 2020 at just 1.0% to 1.5%, “with risks remaining firmly on the downside.” After plunging Monday, U.S. stocks rose slightly, boosted by the latest emergency measures from the Federal Reserve.
“[The impact on in-home care M&A activity] really depends on how long the coronavirus stays a threat in our country, because, in the short-term, I haven’t seen changes,” Mark Kulik,...
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