Megadeals, trading multiples, and overall deal values in the sector have not been immune to interest rate hikes and fears of an economic downturn. However, transaction volumes continue to increase due to enhanced attention on private equity (PE) platform add-ons during this challenging macroeconomic rate environment and continued sector resilience. Payer-provider convergence and headline-grabbing investments from non-traditional players underlie the broader evolutionary theme of the sector– fee-for-service focused models are in the rear-view mirror and players are diving in and embracing value-based care throughout the ecosystem. These factors, along with the continued large levels of corporate cash and PE dry powder, lead to a continued strong outlook for health services deal volumes in 2023.
Read the full article: Health Services: PwC’s US Deals 2023 Outlook //
Source: https://www.pwc.com/us/en/industries/health-industries/library/health-services-deals-outlook.html