Insights
How ABA Centers Is Transforming Autism Care: A Conversation with Founder Christopher Barnett and CEO Jason Barker
Since its founding in December 2020, ABA Centers has established itself as a leading company in the behavioral health sector, driven by its mission to transform autism care. ABA Centers’ rapid growth has not gone unnoticed, earning a spot on the 2024 Inc. 5000 list of...
Brown Gibbons Lang & Company on the Primary Care and Urgent Care Industry
In a recently published report, the Healthcare Provider Services Group at Brown Gibbons Lang & Company provides a breakdown of the primary care and urgent care M&A market and trends driving the industry. The LevinPro HC team spoke with Jonathan Bluth –...
The Current State of the Healthcare Investment Market: Insights from the McGuireWoods Healthcare Finance and Growth Conference
McGuireWoods’ 17th Annual Healthcare Finance and Growth Conference brought together more than 200 healthcare leaders to explore the latest developments and challenges shaping the industry in 2024 and beyond. Through a combination of in-depth panels and engaging...
Empowering Women in Private Equity: Insights from Cara Reymann at McGuireWoods Conference
It was a rainy day in Charlotte, North Carolina, when a group of women gathered to discuss their roles in private equity and finance at McGuireWoods’ 17th Annual Healthcare Finance and Growth Conference. The team at LevinPro HC sat down with Cara Reymann,...
Failure Marks Retailers’ Attempts to Succeed in Healthcare
Introduction There is a hard truth about retailers and blue-chip corporations attempting to conquer the healthcaresector: not one of them has found a long-term formula for success in the retail healthcare maket. Dana L. Jacoby, the CEO of Vector Medical Group, LLC,...
Interest Rate Environment Slows Private Equity Activity in Healthcare
For years, private equity firms have been the dominant players in the healthcare investment market, but the macroeconomic headwinds and high interest rates have finally forced private equity firms and platform companies (collectively, PE Buyers) to slow their...
Notable eHealth M&A Activity of 2024, So Far
The eHealth sector has witnessed a flurry of high-stakes M&A activity in 2024, with billion-dollar deals dominating the headlines. While the overall eHealth deal volume has dipped by 18% compared to the same period last year (155 deals versus 187 announced between...
Healthcare M&A Volume Increases in July 2024: A Conversation with Andre Ulloa and Mark Thomas
In July 2024, there were 175 healthcare transactions reported, marking an 8% increase in healthcare M&A activity from June 2024, when 162 deals were announced, and a 4% from July 2023, when 168 healthcare acquisitions were reported. The deal volume of July 2024...
Agenda Health Advises Angel Senior Home Care on Sale – A Look Behind the Deal
Agenda Health, a healthcare-focused M&A advisory firm based in Austin, Texas, played a key role in the recent acquisition of Angel Senior Home Care, a Virginia-based home health provider, by an undisclosed buyer. The deal marks a strategic move for the buyer,...
A Conversation with Cushman & Wakefield
The editorial team at LevinPro HC attended BOMA International’s Medical Real Estate Conference last week and sat down with Lorie Damon, who leads the healthcare advisory practice at Cushman & Wakefield. Below is the Q&A of the conversation...
Fragmented ASC Market Poised for M&A Growth
As the healthcare market moves toward a value-based care model, outpatient settings and services will only rise in demand from investors and patients alike. Ambulatory surgery centers, or ASCs, will be one of the most valuable assets in this shift in the healthcare...
Why Invest in the Health Clinic Market
We sat down and spoke with industry expert Andre Ulloa, Partner and Executive Advisor of M&A Healthcare Advisors, to discuss the key considerations investors should know before investing in the health clinic market. Ulloa sheds light on the factors driving...
Why Invest in the ENT Market
The ear, nose and throat (ENT) market, also known as otolaryngology, encompasses a wide range of services. For our purposes, we categorize all ENT and allergy-related services under the ENT subsector. This classification is based on the comprehensive expertise of...
Why Invest In The Nephrology Market
Historically, nephrology has not seen a large amount of investment activity. In the past few years, there have only been a handful of transactions. According to data captured in the LevinPro HC database, in 2021 there were only five transactions. In 2022, there...
Top Home Health & Hospice Investors of 2023
There were 95 reported transactions in the 2023 Home Health & Hospice market, which is a 16% decrease from 2022 when there were 113 deals announced.
The Decline in Behavioral Healthcare M&A Deals Explained
Market conditions that include rising borrowing costs and increasing construction-related expenses have led those engaged in behavioral healthcare M&A deals to employ various growth and expansion strategies. Shane Harmon, senior director, behavioral health...
Highlighting Current Healthcare Services Industry Trends
Last week, the LevinPro HC team attended The Healthcare Services Investment Conference hosted by DealFlow Events. It was held just outside Times Square in New York City and featured a wide variety of healthcare industry members, from sell-side advisors to healthcare...
The Home Health and Hospice Market with Andre Ulloa and Mark Thomas
Last month, we spoke with Andre Ulloa, Partner and Executive Advisor, at M&A Healthcare Advisors for the report, The Durability of the Specialty Pharmacy Market. During that conversation, we touched on the home health and hospice market (HH&H),...
Medical Office Building Deal Flow Drops Amid Market Headwinds
The challenges faced by medical office building investors in 2023 which have led to a decline in overall activity…
The Changing Healthcare Real Estate Lending Market
The healthcare real estate lending market has been on an upswing in recent years. The COVID-19 pandemic accelerated the shift from hospital inpatient care to patients receiving most of their treatment in outpatient clinics, such as ambulatory care settings, urgent...
Navigating Labor Headwinds in Home Health & Hospice
The labor issues in the Home Health & Hospice industry have significant implications for mergers and acquisitions (M&A) activity. Explore how these issues impact the industry and its potential for growth and consolidation.
The Crossover of Rehabilitation and Behavioral Health Care
Traditionally, Behavioral Health Care (BHC) and Rehabilitation have been seen as two separate healthcare sectors with little overlap, but, in the wake of both COVID-19 and the third wave of the opioid crisis, that may (and should) change as more companies discover the potential benefits of pairing both types of healthcare providers together.
What Is Value-Based Care?
Value-based care is the future of the U.S. healthcare system. The Centers for Medicare & Medicaid Services (CMS) want all Medicare beneficiaries and the majority of Medicaid beneficiaries to be in value-based care arrangements by 2030 – and the rest of the...
Urology Opens the Door to Private Equity and Consolidation
There is almost unlimited potential for financial growth in urology because of rising patient demand. “Urology is a surgical subspecialty where you can do very well as an investor,” said Hector Torres, a managing director at DC Advisory. However, urology has flown...
Has Private Equity Reached a Plateau in Healthcare M&A Activity?
Private equity’s share of healthcare M&A activity may have plateaued in 2022 as macroeconomic conditions are affecting private equity’s impact in the sector. According to the LevinPro HC database, a record 2,429 M&A deals were reported in 2022. Private equity...
Healthcare Subsectors Drive Double-Digit M&A Decline in 2023
There is no shortage of subsectors contributing to the overall double-digit percentage decline in healthcare M&A activity in 2023. According to the LevinPro HC database, there have been 1,299 healthcare M&A deals this year through July 31. This represents an...
Healthcare Labor Shortage Issues May Worsen
The severe healthcare labor shortage has been attributed to numerous factors. Job burnout, retirements and the impact of the COVID-19 pandemic are all well-known factors contributing to the crisis that is only expected to get worse. However, one factor has gotten...
Assured Hospice Acquisition and Home Health M&A Trends – A Conversation with Alex Veach of Agenda Health
Agenda Health, a healthcare-focused M&A advisory firm based in Austin, Texas, advised Assured Hospice in its acquisition by Agape Care Group, a portfolio company of private equity firm Ridgemont Equity Partners. Agenda Health’s mission is to deliver consistent...
Impacts of Private Equity Healthcare M&A Activity
Since private equity has grown significantly since 2010, private equity healthcare deals have been flown too far under the radar. From dominating the healthcare industry as buyers or partnering with health systems, private equity has a hold on the healthcare...
It’s Not Just a Private Equity Game – Traditional Health Systems Are Consolidating, Too
Levin Associates attended AHLA’s Health Care Transactions Conference on April 17-19, 2023, and the insights shared below are from panel discussions our writer observed in person. Healthcare investments among private equity firms have attracted a lot of attention in...
Medicare Is Driving the Shift to Value-Based Care
Takeaways from AHLA’s Health Care Transactions Conference Value-based care has arrived and it is here to stay. That was the consensus shared by panelists at the Health Care Transactions conference hosted by the American Health Law Association in April 2023 in...
GLOSSARY: Key Financial Terms of Private Equity Transactions
Learn the definitions of key financial terms in private equity transactions. Provided by expert partners and compiled by Levin Associates.
Hospitals and Private Equity: A Strategic Realignment
Hospitals and private equity partnerships have created new opportunities for hospital systems to be even more strategic about their operations. One of the recurring themes discussed at the AHLA conference was that many traditional health systems are dealing with cash...
Health Systems and Private Equity: A growing trend
Are traditional health systems and private equity groups natural competitors? Maybe not. Levin Associates' proprietary deal database, which tracks mergers and acquisitions in real time, shows the fast pace at which both sides have been consolidating the medical...
Selling Physician Practices: The Benefits and Pitfalls
The Physician Medical Group (PMG) market is one of the most active healthcare sectors, in part driven by how many are selling physician practices physicians are choosing to sell their practices to larger entities. As of January 2022, 74% of physicians in the United...
Hospital Market Status & Review: Spring 2023 Update
As we approach the halfway point of 2023, we thought it’d be worthwhile to examine the state of the hospital M&A market so far. Through mid-May, strategic buyers and investors announced 27 hospital deals, 16 of which were in the first quarter, according to data...
In Conversation: Tom Price, MD, Orthopedic Surgeon and Former HHS Secretary
Tom Price, MD of Shore Capital discusses private equity and physician medical group M&A. What should physicians consider when partnering with a PE firm?
The big picture: what is driving physician practice M&A?
Levin Associates sat with Dana Jacoby, the CEO and founder of Vector Medical Group, and Gary Herschman, a partner at Epstein Becker & Green, P.C., at the 6th annual Physician Transactions Conference in Las Vegas in March 2023 to discuss what's driving physician...
Agenda Health Facilitates Sale of HealthKeeperz’s Home Health Business to BAYADA Home Health Care
HealthKeeperz, a home and community-based health care service provider based in Pembroke, North Carolina, announced in early March its plans to sell its home health business to BAYADA Home Health Care (BAYADA). The transaction was expected to be completed by the end...
The Future of Gastroenterology Valuations and Competition
The future of gastroenterology is one with unlimited potential for growth. The expanding patient need for services, combined with advancements that allow more procedures to be performed in outpatient settings, have made gastroenterology an attractive target for...
Takeaways from the 6th Annual Physician Transactions Conference
The role of private equity in healthcare was the focus of the 6th Annual Physician Transactions Conference on March 9, 2023. Physicians, private equity investors, investment bankers and other healthcare business leaders gathered in Las Vegas to talk about what...
Spotlight: Orthopedic Consolidation and the Role of Private Equity
Orthopedic consolidation is trending as practices are highly attractive targets for investors, especially private equity-backed platforms that are looking to expand. However, it can be a challenging sector to access – in part because orthopedic groups have...
Spotlight: Fertility Services and Investment
Fertility is one of the fastest-growing service lines in healthcare. Analysts agree that while valuations may dip slightly from their post-COVID highs, the sector’s growth potential over the next several years is substantial. The fertility sector: What are we talking...
Spotlight: Cardiology and the Mounting Interest from Private Equity
Cardiology has been described as the “hot commodity” among private equity groups looking to increase investment in healthcare. Factors including significant patient demand for the services, more procedures shifting to outpatient settings, and the smaller number of...
Managed Care M&A Fueled by Medicare Advantage
Gauging the Managed Care M&A sector is a nuanced affair. On one hand, the M&A market, especially in the last few years, has been relatively subdued, at least in terms of the raw numbers. In 2022, investors announced 44 Managed Care M&A transactions, a...
Physician Practice Consolidation and Providers’ Response
Physician practice consolidation continues to have a significant presence in the healthcare landscape as practices compete against each other for market control. Physician practice consolidation continues to have a significant presence in the healthcare landscape as...