Fri, Aug 16, 2019

Healthcare Services Sector Update - July 2019

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The S&P Healthcare Services Index increased by 2.5% over the last month, as compared to S&P 500, which increased by 1.3% over the same period.

Over the past month, the best performing sectors were Healthcare Consulting (up 14.3%), Consumer Directed Health/Wellness (up 12.0%) and Home Health/Hospice (up 10.2%). The sectors experiencing the most decline were Hospital Vendors (down 8.8%), Behavioral Health (7.2%) and Dialysis Services (3.2%).

The current average LTM revenue and LTM EBITDA multiples for the Healthcare Services industry overall are 2.48x and 15.7x, respectively.

Healthcare Services Sector Update – July 2019

The sectors with the highest valuation multiples include:

  • HCIT (4.77x LTM Revenue, 27.8x LTM EBITDA)

  • Consumer Directed Health / Wellness (4.85x LTM Revenue, 27.8x LTM EBITDA)

  • Home Health / Hospice (2.16x LTM Revenue, 21.5x LTM EBITDA)

  • Healthcare REITS (12.78x LTM Revenue, 19.4x LTM EBITDA)

Read the report for more detail on sector activity.

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