Home Health Care News October 24, 2021
A greater supply of home health and home care businesses is fueling an increase in dealmaking activity, according to the latest M&A update from advisory firm Mertz Taggart. That’s also true for hospice transactions.
Overall, there were at least 44 home health, home care and hospice deals in the third quarter of 2021, three more than the previous quarter and 20 more more than Q1. Over the past three years, only the final quarter of 2020 saw more transaction activity, the Mertz Taggart update notes.
While deal numbers are up, the spike has little to do with a newfound interest from buyers or skyrocketing demand, Mertz Taggart Managing Partner Cory Mertz explained in the update.
Instead, ongoing industry burnout, the...