Share prices continue to lag in the healthcare services sector as public companies wrestle with both widespread and individual setbacks. KKR-backed BrightSpring Health Services listed in January but priced below its target range. And UnitedHealth’s stock fell by 6.7% under hits from an antitrust probe, a major cyberattack, and increased utilization, even though the sector giant beat projected Q1 earnings. Meanwhile, value-based care’s 2021 IPO cohort is struggling for profitability, including Cano Health, which has filed for Chapter 11 bankruptcy. PitchBook’s Q1 2024 Healthcare Services Public Comp Sheet and Valuation Guide tracks stock performance, EBITDA margins, revenue growth, and valuations for key publicly traded companies.
Read the full article: PitchBook’s Q1 2024 Healthcare Services Public Comp Sheet and Valuation Guide //
Source: https://pitchbook.com/news/reports/q1-2024-healthcare-services-public-comp-sheet-and-valuation-guide