HealthLeaders Media June 23, 2021
PwC attributed the increase in deal activity to several factors, including “capital availability, regulatory shifts, evolving competitive dynamics, promising technologies and commitments to patient-centricity.”
Deal volumes in the health services sector this year are “unprecedented,” according to a PricewaterhouseCoopers (PwC) report released Tuesday afternoon.
Following a slump in early 2020, coinciding with the start of the domestic spread of COVID-19, health services deals rebounded with 352 transactions in Q4 2020, a record for one quarter, only to be topped by 426 deals in Q1 2021. Additionally, the sector has seen six ‘megadeals’ valued at more than $5 billion.
PwC attributed the increase in deal activity to several factors, including “capital availability, regulatory shifts, evolving competitive dynamics, promising technologies and...