As the value of home care services has become increasingly more apparent within the health care sector, it should come as no surprise that dealmaking in the space began to heat up last year, reports Home Health Care News.
Despite this previous rise in M&A activity, a number of economic and sector-specific factors have opened the door to headwinds that have slowed down the acceleration taking place in the market, according to The Braff Group President Dexter Braff.
“Last year was a record-breaking year for transaction volume and private-duty across the board, when you add both Medicaid and private pay,” he said. “The unfortunate thing is this year, it’s way down.” Read more.
