Home health and hospice mergers and acquisition activity increased by 20% in the second quarter over the first quarter, but deals were down 14% compared with the second quarter of 2022, according to recently released data from LevinPro LTC.
Private equity firms or their portfolio companies represented 33% of the buyers in home health and hospice in the second quarter of this year.
Home health deals exceeded deals in home hospice, palliative care and durable medical equipment/respiratory home care. Home health saw 12 deals last quarter, compared with five deals each in the other markets, McKnights reports. Read more.
