Healthcare services has experienced a shift in momentum amid economic challenges, including labor shortages. Quarterly deal activity has ticked downward but remains in line with pre-pandemic trends, according to PitchBook’s Q4 2023 Healthcare Services Report. Healthcare services companies accounted for 20% of leveraged loan defaults in 2023, another sign of stress in the category. But interest rate cuts should help to spur deal activity in the second half of 2024, according to PitchBook lead healthcare analyst Rebecca Springer. This market map lays out the PPM segment of healthcare services by the number of platform companies.
Read the full article: Market Map: Tracking the Shifting Momentum in Healthcare Services //
Source: https://pitchbook.com/news/articles/market-map-healthcare-services-ppms