Hospice News January 19, 2021
The hospice, home health and home care sector saw a significant uptick in merger and acquisition transactions during the fourth quarter of 2020. About 51 deals took place in Q4 among those industries, according to a quarterly report by M&A advisory firm Mertz Taggart.
Among the various segments of the health care industry, hospice continues to be the most active, even as valuations soar and multiples continue to hit record highs.
The hospice M&A market has been particularly resilient to headwinds brought on by the pandemic. While the larger health care market saw more disruption, hospice activity proceeded apace. The rate of transactions took a dip early in the second quarter as providers turned their attention to responding to...