The S&P Healthcare Services Index decreased by 8.7% over the last month, compared to the S&P 500 Index, which decreased 1.0% over the same period.

Over the past month:

  • The only sector that experienced growth was Healthcare Staffing (up 17.2%).
  • The sectors that experienced the largest decline were Telemedicine (down 28.7%), Home Medical Equipment (down 24.0%) and Behavioral Health (down 22.5%).
  • The current average Last Twelve Months (LTM) revenue and LTM EBITDA multiples for the healthcare services industry overall are 3.35x and 14.8x, respectively.
Healthcare Services Sector Update – Winter 2021 

The sectors with the highest valuation multiples include:

  • Contract Research Organizations (4.60x LTM revenue, 26.7x LTM EBITDA)
  • Consumer Directed Health/Wellness (3.84x LTM revenue, 20.0x LTM EBITDA)
  • HCIT (4.27x LTM revenue, 20.0x LTM EBITDA)
  • Healthcare REITs (11.78x LTM revenue, 19.2x LTM EBITDA)

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Transaction Advisory Services

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Private Capital Markets – Debt Advisory

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

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