Home-based care dealmaking trends generally give a good idea of what’s going on in the space at large. They show you where the money is headed, and where it’s not. They show you where the Centers for Medicare & Medicaid Services’ (CMS) stroke of the pen has impacted investment or transaction activity. The trends show […]
The Braff Group
When navigating home-based care M&A, it’s important for buyers and sellers to understand the several factors that go into company valuations. That’s especially true now, with home health and home care dealmaking activity starting to rebound after a relatively slow start to the year. “Fair-market value is really a principle that’s used by business appraisers, […]
Home-based care dealmaking experts believe that value-based care will be an overarching theme in M&A over the course of the next few years. They also believe that the shift to value-based care is still in the very early stages. “I think it’s pretty clear that that’s where we have to go and that’s where payers […]
Dealmaking experts predicted health care M&A activity would drop in 2023 due to a number of headwinds. The first quarter of the year proved them right – and then some. Overall, annualized transaction activity for 2023 is down 32% compared to 2022 levels. Home health, home care and hospice M&A activity was down on a […]
In the middle of April, the U.S. Department of Health and Human Services (HHS) announced ownership data for all Medicare-certified home health and hospice agencies would be made publicly available. Department officials described the move as an attempt to promote competition in the industry and protect consumers. But the changes could also have an effect […]
Home-based care’s buyers and sellers aren’t dealing with a bad market. It’s just a different market compared to a short time ago. “All across the board, health care services are down from 2021, but pretty much slightly up from 2020,” Dexter Braff, president of the M&A advisory firm The Braff Group, said last week at […]
Two factors are having a substantial impact on home health care M&A right now — one affecting the seller and one affecting the buyer. Each is largely out of home health providers’ hands. The first is interest rates and general market conditions, and the other is the U.S. Centers for Medicare & Medicaid Services’ (CMS) […]
As the value of home care services has become increasingly more apparent within the health care sector, it should come as no surprise that dealmaking in the space began to heat up last year. Despite this previous rise in M&A activity, a number of economic and sector-specific factors have opened the door to headwinds that […]
Rising staffing costs and unfavorable reimbursement dynamics in the home-based care space have created a seller-buyer pricing misalignment that has had ill effects on mergers and acquisitions. After a record-breaking 2021 for M&A in home-based care, the space has seen a sharp decline in deal activity. Although many experts are mostly optimistic about the long-term […]
This article is sponsored by the Braff Group. This article is based on a Home Health Care News discussion with Mark Kulik, Senior Managing Director of the Braff Group. The discussion took place on September 15, 2022 during the Home Health Care News FUTURE Conference in New York City. The article below has been edited […]