Hospice M&A May Cool Down in 2022, Private Equity Influence to Expand

Mergers-and-acquisition activity in the hospice market has run hot in recent years, with valuations reaching another year of record-highs in 2021. Meanwhile, private equity activity hit record levels as well, with an affluence of investors that flowed into hospice waters during 2021. Despite these factors, the market may be cooling down this year as investors […]

Health Care Execs Have Positive 2022 Outlook, but Staff Shortage Casts a Shadow

Health care executives are optimistic that the financial position of their business will improve during 2022 compared to last year, though they acknowledge the risk to growth posted by worsening labor market conditions. Capital One Healthcare during Nov. and Dec. 2021 surveyed 219 senior executives at health care companies, including providers of clinical services, pharmaceuticals, […]

Towerbrook, Ascension Health to Acquire Compassus for $1 Billion

Private equity firm Towerbrook Capital Partners and health system Ascension Health have agreed to purchase the Nashville-based hospice provider Compassus at a valuation of $1 billion, with multiples of EBITDA in the low teens, PEHub.com reported.  The two companies will split ownership of Compassus down the middle, each holding an equal stake, according to PEHub.com. […]