About 70% of acquisition targets in the home-based health care sector in the second quarter of the year were hospice providers, according to a report from the market intelligence firm Irving Levin Associates. The bulk of those targets provided hospice care alone, rather than a mix with home health. During the first quarter, only 22% of targets in the space were hospices, showing a sharp rise in demand for hospice acquisitions, according to the report. Many in the industry have observed that investors are leaning in towards hospice due to disruption in the home health space stemming from the patient-driven groupings model (PDGM). “Future tailwinds could be propping the sector up,” according to the report. “With an aging U.S. population, and increased awareness of hospice and palliative care due to the COVID-19 pandemic, the hospice M&A market might prove to be more resilient and stable than we expected.”
Read the full article: Hospice in High Demand in Acquisitions Market //
Source: https://hospicenews.com/2020/08/11/hospice-in-high-demand-in-acquisitions-market