Home Health Care News September 19, 2024
It’s the interest rate, stupid.
Home health, home care and hospice industry voices – including myself – have regularly pointed toward internal factors affecting M&A over the last two and a half years. In the end, the overarching, main headwind was always the extremely high interest rates that were put forth by the Federal Reserve to combat inflation.
Those internal factors had an effect on the specific M&A that did occur, and they will have a major effect on the M&A activity that occurs moving forward.
But searching for internal reasons to find out why M&A had cooled since early 2022 was largely a fool’s errand.
In March of 2022, the Fed started moving historically low interest rates up a...