McKinsey May 1, 2018
Dive Brief:
- The healthcare services and technology market’s total earnings before interest, taxes, depreciation and amortization are expected to grow from $35 billion in 2016 to $50 billion in 2021, rivaling other segments of the industry.
- Data, analytics and information services will have the fastest growth rate at 16% to 18% over the next five years, while core administrative services are unlikely to see much growth due to automation.
- McKinsey estimates vertical integration represented as much as 50% of all healthcare deal activity in 2016 and 2017, and that trend is expected to continue.
Vertical integrations have and will continue to shake up the market, according...