News & Trends

There were only two transactions in hospice in the third quarter, and just four in home health care. Those were both record low totals, according to a new report from the M&A firm Mertz Taggart.

About two-thirds of the leaders surveyed indicated that when their hospital or health system is partnering or considering partnering with physicians for a joint-venture ASC, their organization holds or prefers to hold a majority equity stake in the surgery center. 

Upstarts and newcomers fold mental health into broader service offerings. This, in turn, allows them to offer even more comprehensive services, personalized experiences and specialized care.

A review of federal, state, and private payer activity indicates interest in telehealth remains strong.  As such, as the credit market stabilizes and fears of a recessions begin to recede, investor interest in telehealth is expected to return.

LifeStance has opened 8 de novo facilities in Q3 and 23 this year. Meanwhile, it had no new acquisitions in Q3 and no plans for the rest of the year.

Patient volumes are returning, staffing and contract labor costs are normalizing, and the slower-than-expected M&A environment is starting to rebound.

Survey findings show that health systems are tied to ASCs for the long haul, with plans to ramp up investments. Additionally, hospitals prefer to own more than 50% of their ASC investments, and a growing number prefer to own 100%. 

With the exception of seed rounds, VC valuations in Q3 continued to descend from peaks registered in 2021 and early 2022.

Walmart Health has nearly 50 locations providing primary, behavioral and dental care across five states.