The past few years have seen private equity players plant a flag in the home care space, particularly in the franchising world, Home Health Care News reports. In 2021, this trend has only increased with the heightened demand for home care services.
Roughly $66 billion in PE investment went out to various health care sectors in 2020, a 21% increase compared to 2019, according to statistics cited at a special hearing held by the House Ways and Means Subcommittee on Oversight in March.
Overall, the amplified attention from financial backers is a positive for the home care industry, according to J.J. Sorrenti, CEO of Best Life Brands. Read more.
