Posted on Wednesday, July 13, 2016 2:18 PM
Mergers and acquisition activity in the second quarter continues for the home health care industry. According to Irving Levin Associates as reported by HealthCareMandA.com, the second quarter closed 12 home health and hospice care deals, compared to just six in the same three months in 2015.
Health care merger and acquisition activity had the most success during the second quarter compared to the first three months of the year:
• Deal volume rose 11% in the second quarter from the first with 396 transactions
• On a year-over-year basis, deal volume was up 15% for combined health care sectors
Overall, merger and acquisition for home health and hospice care has improved tremendously since 2015, resulting in tanked transactions of 33% from the 2014 totals. Deal volume has restored in spite of acquisition price spikes at the start of the year.
“It’s very clear that those who practice value-based care will get the carrots, while providers who stick with fee-for-service will get the sticks,” Lisa E. Phillips, editor of HealthCareM&A.com, said in a statement.
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