While healthcare mergers and acquisitions activity in the physician practice management (PPM) and hospital sectors appears to have slightly ticked up in Q1 compared to the last quarter of 2023, reports are that M&A activity across the industry as a whole was down compared to the last quarter of 2023 and also down year-over-year. Going forward, commentators appear generally aligned in projecting that 2024 will yield deal volumes across industry sectors similar to those in 2023. This may not come as much of a surprise to investors, as the many financial challenges of 2023 have yet to abate—in particular, predictions (hopes?) of rate cuts have not yet come to fruition, making larger transactions an expensive proposition.
Read the full article: Bass, Berry & Sims: Healthcare Trends & Transactions Q1 2024 //
Source: https://www.bassberry.com/news/healthcare-trends-transactions-q1-2024/