The S&P Healthcare Services Index increased by 14.3% over the last month, compared to the S&P 500 Index, which increased 10.8% over the same period.

Over the past month:

  • The sectors that experienced the most growth were Assisted/Independent Living (up 42.2%), Providers – Other (up 36.5%) and Consumer Directed Health/Wellness (up 30.8%).
  • The sector that experienced the largest decline was Home Health/Hospice (down 1.4%).
  • The current average Last Twelve Months (LTM) revenue and LTM EBITDA multiples for the healthcare services industry overall are 1.82x and 10.1x, respectively. 

Healthcare Services Sector Update – November 2020

The sectors with the highest valuation multiples include:

  • HCIT (4.19x LTM revenue, 30.3x LTM EBITDA)
  • Contract Research Organizations (3.49x LTM revenue, 21.0x LTM EBITDA)
  • Consumer Directed Health/Wellness (3.01x LTM revenue, 20.0x LTM EBITDA)
  • Home Health/Hospice (3.12x LTM revenue, 19.4x LTM EBITDA)

Corporate Finance and Restructuring

M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions.

Healthcare Investment Banking

Healthcare expertise for middle-market M&A transactions.

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.