Deal activity for behavioral health is experiencing a slow down, although it is still a robust sector. Speaking at TCIV, President Dexter Braff elaborates on the slow down in mergers and acquisitions.
“I don’t expect a booming fourth quarter. We will probably not have a record-setting year in addiction and substance use disorder treatment deals. Private equity had a drop off, but most of that was in follow on deals. But there are still platform deals being done in the high-end residential space, which means that private equity is still looking at making acquisitions of residential service providers whose reimbursement sources are predominantly out-of-network.”
– Dexter Braff