Home Health Care News April 19, 2024
The home health, home care and hospice industries are barely exhibiting signs of life when it comes to M&A, sans a few active companies. Transactions were again historically low in the first quarter.
Overall, only 12 total home-based care deals have been reported from the first quarter, according to data provided by the M&A firm Mertz Taggart.
Cory Mertz, managing partner at Mertz Taggart, told Home Health Care News that this is not due to decreased demand in the space, however.
From a macro perspective, interest rates and geopolitical conflict have inhibited dealmaking. From a micro perspective, the Medicaid home- and community-based services industry has been waiting on the Medicaid Access rule, and the Medicare-certified home health industry has been...