Posted on Monday, November 23, 2020
An increasing demand for end-of-life care is moving hospice to the forefront of the health care mergers and acquisitions marketplace, evolving payment models and COVID-19 headwinds have been hurdles to building up investor interest in 2020. The hospice market is expected to continue to grow.
“From an investor standpoint, hospice has really been extremely solid,” said Dexter Braff, president of The Braff Group, during the Hospice News Elevate conference. The Braff Group is a hospice merger and acquisitions advisory firm based in Pittsburgh. “Hospice right now is in an ‘up’ place, and that is continuing.”
“The relationship between home health and hospice is that when home health is down, hospice is up,” stated Braff. “If you were to look at valuations, M&A activity, over the course of the last 20 years, you can almost predict that when one sector is down, the other sector is going to be up.”
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