Hospice News May 22, 2024
Hospice merger and acquisition (M&A) activity tapered off in 2023 and early 2024 compared to the flurry of prior years, due in part to regulatory and economic pressures.
Hospice deal volume and valuations have trended down from record-high levels during 2019 through 2022. The cool down began last year as hospice transaction activity lulled.
This year’s start is showing similar trends. A total of 13 home health and hospice transactions occurred in Q1 of 2024, according to a Mertz Taggart report. This represents a new low point that has not been seen in years.
The decrease in hospice M&A may be more noticeable compared to trends in other health care spheres, mainly as the industry had a higher peak to...