The S&P Healthcare Services Index increased by 2.5% over the last month, compared to the S&P 500 Index, which increased 7.0% over the same period.
Over the past month:
- The sectors that experienced the most growth were Skilled Nursing (up 21.7%), Consumer Directed Health/Wellness (up 9.0%) and Home Health/Hospice (up 6.7%).
- The sectors that experienced the largest declines were Healthcare Consulting (down 9.1%), Government Managed Care (down 4.6%) and Clinical Laboratories (down 4.2%).
- The current average Last Twelve Months (LTM) revenue and LTM EBITDA multiples for the healthcare services industry overall are 1.89x and 10.5x, respectively
The sectors with the highest valuation multiples include:
- HCIT (5.40x LTM revenue, 27.3x LTM EBITDA)
- Hospital vendors (1.93x LTM revenue, 21.2x LTM EBITDA)
- Contract research organizations (3.44x LTM revenue, 20.8x LTM EBITDA)
- Home health/hospice (3.00x LTM revenue, 19.5x LTM EBITDA)
Stay Ahead with Kroll
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.
Transaction Opinions
Our Transaction Opinions solutions span fairness opinions, solvency opinions, ESOP/ERISA advisory, board and special committee advisory, and complex valuations.
Financial Sponsors Group
Dedicated coverage and access to M&A deal-flow for financial sponsors.
Debt Advisory
Kroll has extensive experience raising capital for middle-market companies to support a wide range of transactions.