95 Mergers & Acquisitions In Home-Based Care Space In 2022, Down 14% From Previous Year

During 2023, there were 95 mergers or acquisitions in the home-based care industry, which includes home health, non-medical home care, and hospice. Many organizations operating in this industry offer more than one service line. The 2023 deal volume is 14% lower than the 110 transactions in the sector during 2022. Prior to COVID-19, there were 25 to 30 transactions per quarter within this industry.

During the first half of 2023, deal volume was slow likely due to an increase in interest rates, according to an analysis by Mertz Taggart. However, by the fourth quarter, volume recovered to . . .