Industry Trends

Fiscal year 2022 was a rough one for hospitals in the state, which saw about $164 million in losses. Without the benefit of federal relief funds, hospitals would have lost close to $1 billion more over the last three years, numbers showed.

As technology creates an increasing number of care options for patients, more healthcare providers are signaling they’re open to combining forces with private equity interest in a way that allows them to best serve the general population.

Urology, dermatology and mental health investment activity reflect an uptick in M&A activity toward the end of the first quarter.

In an industry that thrives on scale, the oral surgery practices produce some of the highest revenues in dentistry with (in most cases) moderate expenses. Private equity firms have also jumped into this space, purchasing multi-office opportunities with $10M+ in EBITDA.

This new strategic focus comes after the Scottsdale, Arizona-based LifeStance continues to struggle on the public market and, as a result, has shaken up its C-suite team. Over the last year, the company has named a new CEO, COO and CFO.

Shortly after COVID-19 entered our collective lexicon, investments began pouring into the health care industry.

Hacking incidents, a type of breach, at healthcare firms have skyrocketed in the past five years as cybercriminals demand ransoms in exchange for restoring access to sensitive medical data.

In a February report, the American Hospital Association cited these five companies as the biggest ones "transforming primary care," recommending that hospitals and health systems look for partnership opportunities.

University Health was willing to consider taking over the property, even bringing in attorneys to discuss the matter. However, CEO George Hernandez said that the last-minute nature of the deal ultimately made it untenable.

There were 134 privacy equity deals in health IT in 2022, a 30 percent decline from 2021.