The home health, home care and hospice industries are barely exhibiting signs of life when it comes to M&A, sans a few active companies. Transactions were again historically low in the first quarter. From a macro perspective, interest rates and geopolitical conflict have inhibited dealmaking. From a micro perspective, the Medicaid home- and community-based services industry has been waiting on the Medicaid Access rule, and the Medicare-certified home health industry has been hit by rate cuts and increased Medicare Advantage (MA) penetration. Of the 12 deals completed in the first quarter, the growing home-based care provider PurposeCare was responsible for three of them.
Read the full article: PurposeCare Bucks Historic Home-Based Care M&A Inactivity Trend in Q1 //
Source: https://homehealthcarenews.com/2024/04/purposecare-bucks-historic-home-based-care-ma-inactivity-trend-in-q1/