Home Health Care News September 1, 2021
The home health market has been a hotbed of M&A activity as of late, and there are a number of key factors sparking the dealmaking interest.
Since its implementation in 2020, the Patient-Driven Groupings Model (PDGM) has loomed large in the home health space.
Now, PDGM is a driving force behind much of the transaction activity taking place in this space, according to Linda Murphy, COO and founder of Concierge Home Care.
“Initially, there were some companies thinking, ‘Well, maybe I can possibly get through PDGM,’” Murphy said during a Wednesday Wellsky webinar. “‘Let’s see what it looks like.’ We’re finding, unfortunately, some of those companies aren’t even the quality assets that they would’ve been at the beginning of PDGM....