Since 2016, there has been an overall sharp trend upwards in both the size and volume of health service transactions, Morgan Lewis reports. After recovering from a dip in 2020 due to the outbreak of the COVID-19 pandemic, 2021 saw more than a 50% growth, with a particularly high upswing in acquisitions of physician practices.
According to PwC’s Health services: Deals 2022 outlook report, while long-term care was the most popular subsector, it was the number of deals targeting physician medical groups that was particularly notable: over 400 from November 15, 2020 through November 15, 2021. This compares to about 200 to 250 deals per year from 2017 through 2019. Read more.
