Merger and acquisition activity in the healthcare industry’s services sectors (and eHealth, which is now included in this report) declined 13% in 2023 compared with the year before, according to The 2024 Health Care Services Acquisition Report, 30th Edition. Deal volume for the healthcare services sectors reached 1,811 transactions versus a record high of 2,093 in 2022. Still, 2023 deal volume was 67% higher than it was in 2019 (1,083 deals), five years earlier. Disclosed spending declined significantly, hitting approximately $72 billion, compared with $125 billion in 2022. The largest services deal of the year was the $10.6 billion acquisition of Oak Street Health by CVS Health.
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Source: https://www.prweb.com/releases/2024-health-care-services-ma-market-battled-by-headwinds-according-to-data-from-irving-levin-associates-llc-302077860.html