Rising interest rates, high labor costs, and conflict in Eastern Europe have led to a shaky start to behavioral health dealmaking in 2023.
That’s according to a new report by M&A advisory firm The Braff Group, which found the annualized results for behavioral health dealmaking are down by more than 26% from 2022.
Still, compared to other health care segments, behavioral health has several wins this quarter, and the mental health space continues to see an uptick in the number of deals completed, reports Behavioral Health Business.
“Mental health, the breakout segment over the past 18 months, continues to put up impressive numbers with 17 deals in Q1 2023,” authors of the report wrote, “which, on an annualized basis, would surpass results posted in 2022.” Read more.
