The S&P Healthcare Services Index increased by 1.8% over the last month, compared to the S&P 500 Index, which decreased 3.3% over the same period.
Over the past month:
- The sectors that experienced the most growth were Healthcare Staffing (up 12.5%), Assisted/Independent Living (up 9.6%) and Home Health/Hospice (up 5.5%).
- The sectors that experienced the largest declines were Providers – Other (down 9.5%), HCIT (down 6.3%) and Dialysis Services (down 5.8%).
- The current average Last Twelve Months (LTM) revenue and LTM EBITDA multiples for the healthcare services industry overall are 1.61x and 9.8x, respectively.
The sectors with the highest valuation multiples include:
- Hospital vendors (1.83x LTM revenue, 27.2x LTM EBITDA)
- HCIT (3.90x LTM revenue, 26.3x LTM EBITDA)
- Contract research organizations (3.26x LTM revenue, 19.4x LTM EBITDA)
- Home health/hospice (3.09x LTM revenue, 18.9x LTM EBITDA)
Corporate Finance and Restructuring
M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions.
Distressed M&A and Special Situations
Kroll professionals have advised hundreds of companies, investors and other stakeholders at all stages of distressed transactions and special situations.
Transaction Advisory Services
Kroll’s Transaction Advisory Services platform offers corporate and financial investors with deep accounting and technical expertise, commercial knowledge, industry insight and seamless analytical services throughout the deal continuum.
Fairness and Solvency Opinions
Duff & Phelps Opinions is a global leader in Fairness Opinions and Special Committee Advisory, ranking #1 for total number of fairness opinions in the U.S., EMEA (Europe, the Middle East and Africa), Australia and Globally in 2023 according to LSEG (FKA Refinitiv).
Financial Sponsors Group
Dedicated coverage and access to M&A deal-flow for financial sponsors.
Private Capital Markets – Debt Advisory
Kroll has extensive experience raising capital for middle-market companies to support a wide range of transactions.
