INTELLIGENT DEALMAKING®
IN HEALTH CARE MERGERS & ACQUISTIONS
THE BRAFF GROUP DIFFERENCE IS OUR MARKET IMMERSION STRATEGY
Behavioral Health
Behavioral Health
Behavioral health has quickly become the most sought after sector in health care M&A, with broad-based interest in residential and community based addictions and substance abuse, mental health, intellectual and developmental disabilities, and autism services providers.
Digital Health
Digital Health
Digital Health will be the bridge from fee-for-service to value-based care. With the stakes so high, the demand for – and valuation of – companies with technology-enabled tools to provide the right care, to the right patient, in the right setting, at the right time is extraordinary – and growing.
Home Health & Hospice
Home Health & Hospice
For the first time, every segment in home health and hospice – Medicare, Medicaid, and private duty – are pinging at the same time as buyers seek to build diversified post-acute continuums that address emerging alternative payment models.
Pharmacy
Pharmacy
While Specialty Rx captures the M&A headlines, the demand for traditional Home Infusion Therapy – and its substantially higher margins – far outstrips supply.
Urgent Care
Urgent Care
Although the M&A market for urgent care has softened a little since 2014 and 2015, the breadth of buyers interested in the space – notably hospitals, physician groups, and insurers that see urgent care as a critical gatekeeping mechanism – remains impressive.
Health Care Staffing
Health Care Staffing
As a result of the ACA, more covered beneficiaries have accessed the health care system, stimulating both demand for, and M&A interest in, health care staffing. The looming question? Whether reform initiatives will drive down hospital occupancy rates and blunt the conditions that gave rise to this renaissance of activity.
Home Medical Equipment
Home Medical Equipment
Now that competitive bid-like pricing has been rolled out nationally, the home medical equipment sector may well be entering a period of sustained stability – a period that may provide buyers with just enough go-forward confidence to begin selectively investing in the space again.
Ancillary Services
Ancillary Services
Given our extensive knowledge of the market forces driving health care M&A, we have been entrusted by providers adjacent to our core to lead their divestiture efforts.
Recent News
Health System Investment in Hospice Unlikely to Become a Trend
Despite recent hospice and home-based care acquisitions involving health systems, such transactions are unlikely to become a common practice during 2021 and 2022. However, health systems are taking a closer look at companies that provide non-medical assistance to help seniors age in place.
SPACs Build Momentum in Hospice M&A Market
Rising interest from special-purpose acquisition companies (SPACs) could make competition in an already active hospice M&A market more fierce in coming years.
Private Equity Investment in Hospice Hits All-Time High, Valuations Rising
Private equity interest in the hospice sector has been gaining momentum in recent years, raising the stakes in hospice deals and stepping up competition for acquisition targets.
EVV Difficulties Creating M&A Opportunities for Addus Homecare Corporation
Over the last few months, Addus HomeCare Corporation (Nasdaq: ADUS) has had to deal with a challenging legislative environment and significant COVID-19 surges that have affected clients and caregivers alike.