DAK’s, Director, Melvyn Peters, talks with Angelo Spinola, Shareholder and Practice Chair of Polisnelli’s Home Health, Home Care, and Hospice Practice, about how changing industry dynamics in labor, technology, and reimbursement are driving the M&A market across home care, home health, and hospice, and what that means for buyers, and sellers in 2024.
“We think that 2024 will rebound from 2023 but maybe not to 2022 levels. If you looked at the composition of deals, there will be a higher ratio of smaller, targeted transactions higher volume.
We’ve always been a very fractured industry with thousands and thousands of providers, and I think we’re going to continue to see consolidation in what will never be a consolidated industry, but will become an industry of bigger players.”
