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Diagnosis reveals strong private investment

The following report developed by Baker Tilly Capital, LLC provides an update on the healthcare mergers and acquisitions (M&A) market in the second half of 2022. The report includes an overview of the market performance, M&A activity, transactions by segment and buyer, and U.S. middle market M&A activity.

Here are some key takeaways from the report:

  • Private practice healthcare has remained a focus for private equity investors in the healthcare industry, despite a slowdown in healthcare M&A in H2 2022
  • The healthcare industry is transitioning to a value-based care model, which emphasizes patient outcomes rather than the volume of services provided
  • Despite the current interest rate environment and higher cost of capital for interested buyers, private investment in the healthcare industry is expected to remain high
  • U.S. markets experienced volatility in the back half of 2022, with healthcare sector stocks continuing to decline through the remainder of the year
  • Managed healthcare outperformed the S&P 500 in the first half of 2022, largely due to insurance policy providers' ability to manage margins during inflationary periods
  • U.S. healthcare M&A activity decreased in the second half of 2022 compared to the same period in 2021, with fewer reported transactions and a lower aggregate deal value

Get the pulse of the industry

For an in-depth look at M&A activity in the healthcare industry, download a copy of our healthcare M&A update: H2 2022. The report includes:

  • Financial performance of specific healthcare sectors
  • Major U.S. indexes performances
  • Potential pricing regulation
  • Notable transactions closed during H2
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Mergers and acquisitions reports

See more M&A reports

Baker Tilly Capital professionals develop mergers and acquisitions (M&A) updates in different industries and regions. These reports provide an overview of M&A activity, including:

  • M&A activity by market segment
  • Transaction data for middle market M&A activity
  • Buyers and targets by location
  • Notable transactions closed during the period of the report
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