Posted on Monday, February 3, 2020 1:57 PM
According to a new report from Mertz Taggart, the dollar amount of the M&A’s in hospice exceeded the rest of the home care sector. There were over 100 transactions in the sector last year, with hospice and home health leading the way with 42 deals by 36 for home care.
“Buyers weren’t as active as 2018 when looking at the care-at-home sub-industries combined,” said Mertz Taggart Managing Partner Cory Mertz “But 2019 was still a big year, particularly for hospice deals. The 42 hospice-related transactions we tracked marked a record year, and we see that trend continuing in the near future for many reasons.”
The number of transactions in hospice was clearly influenced by the anticipation of PDGM and waiting to see the fallout.
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