Considering M&A? What Not To Do

The brisk pace of mergers and acquisitions (M&A) continues in the health and human service field—despite inflation, workforce woes, and a pending recession. In the first quarter of 2022 alone, there were 26 "deals" in the for-profit mental health space, a record and well above the previous record set in the first quarter last year (see Mental Health Rollups Set New Record In Q1 2022). This, even after the volume of total health care transactions fell 34% between the end of 2021 and the beginning of this year (see Healthcare Deals Decline 34% In Q1 2022 . . .