The S&P Healthcare Services Index decreased by 0.9% over the last month, compared to the S&P 500 Index, which exhibited no change over the same period.

Over the past month:

  • The sectors that experienced the largest increase were home medical equipment (up 38.3%), behavioral health (up 5.7%) and distribution (up 4.3%).
  • The sectors that experienced the largest decline were assisted/independent living (down 9.4%), care management/TPA (down 6.5%), and dialysis services (down 5.8%).

Healthcare Services Sector Update – Early Summer 2022

The sectors with the highest valuation multiples include:

  • Assisted/Independent Living (2.21x LTM revenue, 32.1x LTM EBITDA)
  • Consumer Directed Health/Wellness (4.41x LTM revenue, 27.1x LTM EBITDA)
  • HCIT (3.37x LTM revenue, 23.7x LTM EBITDA)
  • Hospital Vendors (1.43x LTM revenue, 20.5x LTM EBITDA)

Mergers and Acquisitions (M&A) Advisory

Kroll’s investment banking practice has extensive experience in M&A deal strategy and structuring, capital raising, transaction advisory services and financial sponsor coverage.

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.

Valuation Advisory Services

Our valuation experts provide valuation services for financial reporting, tax, investment and risk management purposes.

Cyber Risk

Incident response, digital forensics, breach notification, managed detection services, penetration testing, cyber assessments and advisory.