Behavioral Health Business February 1, 2024
After a year of reckoning, the behavioral health industry is set up to see platform deals return to the market.
In 2023, behavioral health dealmaking was down by roughly 30% year-over-year. This slowdown was partly due to macroeconomic trends, including inflation, high interest rates and the conflicts in Eastern Europe and the Middle East. The bulk of the deals in 2023 were smaller tuck-in acquisitions, but this could change.
“In some ways, behavioral health has fared better than other specialties or other areas of healthcare services just given the reimbursement dynamics have largely been more favorable for behavioral health than other parts of provider services,” Christian Chauvet, a partner at Lee Equity, said during a Behavioral Health Business webinar. “But...