The S&P Healthcare Services Index increased by 1.6% over the last month, compared to the S&P 500 Index, which increased 2.3% over the same period.

Over the past month:

  • The sectors that experienced the most growth were Providers – Other (up 19.1%), Assisted/Independent Living (up 14.3%) and Healthcare Staffing (up 8.9%).
  • The sectors that experienced the largest decline were Hospital Vendors (down 5.5%), Acute Care Hospitals (down 3.8%) and Specialty Managed Care (down 3.5%).
  • The current average Last Twelve Months (LTM) revenue and LTM EBITDA multiples for the healthcare services industry overall are 3.72x and 14.9x, respectively.

Healthcare Services Sector Update – June 2021

The sectors with the highest valuation multiples include:

  • HCIT (4.76x LTM revenue, 27.4x LTM EBITDA)
  • Contract Research Organizations (4.35x LTM revenue, 24.4x LTM EBITDA)
  • Home Health/Hospice (2.92x LTM revenue, 24.2x LTM EBITDA)
  • Consumer Directed Health/Wellness (3.80x LTM revenue, 23.1x LTM EBITDA)
Healthcare Services Sector Update – June 2021 /en/insights/publications/m-and-a/healthcare-services-sector-update-june-2021 /-/media/assets/images/publications/featured-images/2020/healthcare-services-sector-november-2020.jpg 2021-07-29T00:00:00.0000000 publication {1F5D2680-A14B-41D2-A192-8ED5649E936E}{22071366-6F45-4C04-8261-CDFA24749510}{CA601B88-1E91-4803-A6A4-ECC35D220DCC}{A60877A4-2248-456C-B8DE-728B8C4124FC}{170088C8-830B-4C38-BC1D-E375A677EEDC}{612AFC91-99B8-46FE-AEAF-8C0F5DE0126A} {2BF96B38-05C8-4166-9F18-E9107C8FC5E0} {2DEEE4D2-8278-4C50-B3FF-1563BB257804}

Stay Ahead with Kroll

Healthcare M&A

Healthcare expertise for middle-market M&A transactions.

M&A Advisory

Kroll Corporate Finance supports companies and their advisors through every stage of M&A.

Fairness and Solvency Opinions

Duff & Phelps Opinions is a global leader in Fairness Opinions and Special Committee Advisory, ranking #1 for total number of U.S. and global fairness opinions over the past 10 years, according to Refinitiv cumulative data from 2011-2020.

Transaction Advisory Services

Kroll’s Transaction Advisory Services is unencumbered by audit independence concerns and offers seamless analytical service throughout the deal continuum.

Private Capital Markets – Debt Advisory

Kroll has extensive experience raising capital for middle-market companies to support a wide range of transactions.

Financial Sponsors Group

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