Hospice News January 21, 2022
The hospice merger and acquisitions market has been running hot, with activity showing no signs of cooling as 2022 kicks off. Even so, intensifying regulatory pressure could lead a larger contingent of smaller providers to sell, further stimulating the market.
M&A activity in the home health and hospice spaces outpaced other health care service sectors in 2020, according to a report by PwC’s Health Research Institute. The report indicated that private equity and corporate capital was “plentiful and driving demand for assets” across these subsectors, as multiples in hospice and home care reached a record 26x that year.
Regulatory activity could add fuel to a fiery market, according to Heath Bartness, founder and CEO of St. Croix Hospice, a portfolio...