Home Health Care News July 11, 2024
Private equity’s influence in home-based care and health care at large has been exaggerated. But the active health care firms still play an important role.
Pitchbook estimates that PE-backed providers represent 3.3% of the U.S. health care provider ecosystem by revenue. There are at least 73 PE-backed home-based care providers, according to Pitchbook, which represents a very small percentage of the thousands of providers out there.
I don’t have the data to back it up, but I would guess that, if insiders and outsiders were polled, their guesses on that first number would come far above 3.3%.
“It’s an estimate. We don’t have disclosed enterprise value and the revenue figures for every company,” Pitchbook Lead Healthcare Analyst Rebecca Springer told...