Home Health Care News October 13, 2019
In a change of pace compared to recent trends, private equity buyers appear to be shying away from home health purchases.
There were at least 13 transactions for Medicare-certified home health assets in 2019’s third quarter, with many of those purchases coming from the industry’s big publicly traded companies, according to the latest quarterly M&A report from advisory firm Mertz Taggart.
With only a few months to go before the Patient-Driven Groupings Model (PDGM) goes into effect, PE buyers are likely sitting tight and feeling out the new home health care landscape that’s beginning to take shape, Mertz Taggart Managing Partner Cory Mertz wrote in his firm’s Q3 report.
“Right now, it’s hard enough for a PE firm...
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