Fierce Healthcare February 14, 2023
If macroeconomic conditions stabilize, there could be a rebound in deal pace in the second half of the year. (iStock / Getty Images Plus / Nuthawut Somsuk)
2022 marked the second-best year for private equity deals in healthcare, a new fourth-quarter 2022 report from PitchBook says.
The year ended with an estimated 863 deals announced or closed, second only to 2021. But despite how well 2022 did overall, the fourth quarter saw about 26% fewer deals than the third quarter.
“We are seeing things slow down relative to where we were coming off of an unprecedented level of deal activity in 2021,” PitchBook’s senior healthcare analyst Rebecca Springer told Fierce Healthcare.
The downward trajectory of deals in...