Merger and acquisition activity in the Home Health & Hospice sector increased by 20% in Q2, according to data captured in LevinPro HC.
Despite this growth, the second quarter of 2023 also had a 14% decrease in activity compared with Q2:22, when 28 HH&H acquisitions were announced. The most active subsector in the HH&H space was home health with 12 deals, followed by home hospice and palliative care and durable medical equipment/respiratory home care each with five deals and multi-service with two deals.
Additionally, private equity firms and/or their portfolio companies represented 33% of the buyers in the HH&H M&A market during Q2. Read more.
