Hospice News July 5, 2022
Despite hitting a brief slump at this year’s start, hospice merger and acquisition activity still managed to outpace other health care sectors.
Strong hospice and home health consolidation continued during the first quarter of 2022, according to a recent report from Provident Healthcare Partners. Both private equity firms and strategic investors remained “bullish” on home-based and hospice care.
Underlying demographic trends continue to fuel these deals, according to Jake Vesely, senior associate, and Kevin Palamara, managing director at Provident Healthcare Partners.
“There continues to be an aging population, increasing hospice utilization and a rising demand for lower cost care alternatives compared to traditional institutional care settings,” Palamara and Vesely told Hospice News in an email. “As a result, investor interest...