Buyers and sellers operating in the home-based care space have been forced to navigate what has become a fairly complicated M&A environment.
Transaction volume saw a significant drop from 2021 to 2022, down 50% to 60%, according to Cory Mertz, managing partner at M&A advisory firm Mertz Taggart.
Mertz clarified that the marketplace for quality agencies – that are cash flow positive and have solid compliance – is still very strong. However, the lower- to middle-market hasn’t seen a lot of movement, Home Health Care News reports. Read more.