Healthcare Services Sector Update – July 2021 M&A Advisory

or to bookmark this page

Click here to bookmark this page

Click here to remove bookmark

Healthcare Services Sector Update – July 2021

The S&P Healthcare Services Index decreased by 3.1% over the last month, compared to the S&P 500 Index, which increased 1.7% over the same period.

Healthcare Services Sector Update – July 2021

Over the past month: 

  • The sectors that experienced the most growth were Acute Care Hospitals (up 17.2%), Contract Research Organizations (up 5.8%) and Distribution (up 5.5%). 
  • The sectors that experienced the largest decline were Providers – Other (down 24.3%), Telemedicine (down 10.8%) and Home Medical Equipment (down 9.2%). 
  • The current average Last Twelve Months (LTM) revenue and LTM EBITDA multiples for the healthcare services industry overall are 3.46x and 15.5x, respectively.

The sectors with the highest valuation multiples include:

  • HCIT (4.59x LTM revenue, 25.9x LTM EBITDA) 
  • Contract Research Organizations (4.67x LTM revenue, 25.7x LTM EBITDA) 
  • Consumer Directed Health/Wellness (6.83x LTM revenue, 22.2x LTM EBITDA) 
  • Home Health/Hospice (2.70x LTM revenue, 22.0x LTM EBITDA)
Healthcare Services Sector Update – July 2021 2021-08-16T00:00:00.0000000 /insights/publications/m-and-a/healthcare-services-sector-update-july-2021 /-/media/assets/images/publications/featured-images/2020/healthcare-services-sector-november-2020.jpg publication {DC6234F2-03B5-4F3D-9CDE-146A80B170AD} {4DACD310-421A-42AC-BEF4-8AA7E70484CD} {D3AE3EC6-3254-4441-B111-1AF8D558906C} {6B6F3B01-98A6-4BC2-B2CD-CBD127447FB5} {5CE144D0-ADDC-43A3-95E4-3428CA819BF8} {A7EB9162-FD06-4A2C-9E52-7BE04F16488F} {13E28841-C245-441D-8C3B-49E72DA5381C} {DF0A8D82-EB98-4261-8951-BF842E034FA8}

Other Areas We Can Help

Healthcare M&A Advisory

Healthcare M&A

Healthcare expertise for middle-market M&A transactions.

Healthcare M&A
Corporate Finance

M&A Advisory

Middle-market M&A advisory differentiated by industry expertise and superior deal execution.

M&A Advisory
Transaction Advisory Services

Transaction Advisory Services

Seamless analytical advisory through the deal continuum, from transaction origination to closing.

Transaction Advisory Services
Purchase Price Allocation (PPA)

Financial Sponsors Group

Dedicated coverage and access to M&A deal-flow for financial sponsors.

Financial Sponsors Group

Insights

Transfer Pricing

Transfer Pricing Implications of Remote Working Arrangements

Transfer Pricing
M&A Advisory

Healthcare Services Sector Update – Early Winter 2021

M&A Advisory
M&A Advisory

Global Software Sector Update – Fall 2021

M&A Advisory
Valuation

Hong Kong Listings Offer Ring-Fenced Route to China

Valuation