Fri, Oct 16, 2020

Healthcare Services Sector Update – September 2020

The S&P Healthcare Services Index decreased by 0.1% over the last month, compared to the S&P 500 Index, which decreased 4.6% over the same period.

Over the past month, the sectors that experienced the most growth were Behavioral Health (up 12.2%), Healthcare Staffing (up 8.7%) and Clinical Laboratories (up 6.5%). The sectors that experienced the largest declines were Healthcare Consulting (down 11.0%), Assisted/Independent Living (down 8.7%) and Acute Care Hospitals (down 8.2%).

The current average Last Twelve Months (LTM) revenue and LTM EBITDA multiples for the healthcare services industry overall are 1.79x and 10.6x, respectively.

Healthcare Services Sector Update – September 2020

The sectors with the highest valuation multiples include:

  • HCIT (4.31x LTM revenue, 26.8x LTM EBITDA)
  • Contract research organizations (3.44x LTM revenue, 20.6x LTM EBITDA)
  • Home health/hospice (2.97x LTM revenue, 20.0x LTM EBITDA)
  • Hospital vendors (1.80x LTM revenue, 19.0x LTM EBITDA)

Stay Ahead with Kroll

Corporate Finance and Restructuring

Corporate Finance and Restructuring

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

Healthcare Investment Banking

Healthcare Investment Banking

Healthcare expertise for middle-market M&A transactions.

Distressed M&A and Special Situations

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

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

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 2013-2022.

Financial Sponsors Group

Financial Sponsors Group

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

Private Capital Markets – Debt Advisory

Private Capital Markets – Debt Advisory

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

Insights
Food and Beverage M&A Industry Insights — Fall 2023
M&A Updates

Food and Beverage M&A Industry Insights — Fall 2023

Nov 21, 2023

by Bob Bartell, CFAJosh BennMark KramerDevin KennealyHoward JohnsonStephanie LauFarzad MukhiJennifer TerrellJon Pratt

Food and Beverage M&A Industry Insights – Fall 2023
Global Software Sector Update—Fall 2023
M&A Updates

Global Software Sector Update—Fall 2023

Oct 31, 2023

by Karan  KapoorRory O'SullivanMihail IvanovScott MunroBob Bartell, CFANicholas CollinsPhilipp BoseEfraim Chalamish

Global Software Sector Update - Fall 2023
Return to top