Healthcare transactions have been “robust” over the past decades, but the past five years or so have been “a particularly active period” with a “spike” coming in 2020 and into 2022 as pandemic effects eased, Tom Hawk, a partner at King & Spalding, said Tuesday during a webinar sponsored by the law firm, reports McKnights Senior Living.
He specializes in healthcare mergers and acquisitions, other transactions and regulatory compliance matters in the firm’s healthcare practice.
“The most recent spike of activity was largely due to a market increase in investment in the space from private equity sponsors,” Hawk said.
Legislators have looked at changes driven by those investments, “and they’ve wanted to tap the breaks in some jurisdictions,” he said.
According to King & Spalding, some areas of concern for lawmakers and regulators are cost increases, surprise billing and anticompetitive behavior and monopoly power, as well issues related to quality of care and resident/patient and consumer data privacy. Read more.
