The investment community is moving “up the acuity curve” as they seek novel opportunities to deploy capital, with cardiology a specialty ripe for consolidation, according to an industry report released by the Healthcare Provider Services investment banking team at Brown Gibbons Lang & Company. Favorable secular trends, fragmentation, and the opportunity for platform growth through practice consolidation and service line expansion are draws.
BGL highlights a number of growth catalysts driving outside capital investment in the specialty:
- Demographic trends that support sustained demand for cardiovascular care;
- Regulatory tailwinds driving ongoing shift in site-of-service to the ambulatory environment, with reimbursement trends incentivizing such shifts;
- Continued technological advancements facilitating delivery of advanced procedures in the outpatient setting, coupled with preventive trends like remote patient monitoring; and
- Market fragmentation lending to consolidation opportunities. Read more.
