Healthcare DIVE May 8, 2024
Heightened antitrust scrutiny from state governments and regulators in Washington is depressing deals, according to Pitchbook analysts.
Dive Brief:
- Private equity investing in healthcare services is continuing to fall, highlighting the chilling effect of heightened antitrust scrutiny in the space, according to a new report.
- PE firms announced or closed just below 160 deals in the first quarter, a downward trend “even from 2023’s sluggish pace,” according to the analysis by market data research firm PitchBook. The total is down almost a third from the fourth quarter last year.
- Despite the depression, firms have deals in the pipeline that should progress, albeit slowly, the report says. Announcements are expected to trickle in toward the end of this year, with...