The S&P Healthcare Services Index increased by 7.4% over the last month, as compared to S&P 500, which increased by 6.9% over the same period.
Over the past month, the best performing sectors were Pharmacy Management (up 30.9%), Assisted / Independent Living (up 18.4%) and Contract Research Organizations (up 16.2%). The sectors experiencing the most decline were Consumer Directed Health / Wellness (down 3.5%) and Government Managed Care (down 1.6%).
The current average LTM revenue and LTM EBITDA multiples for the Healthcare Services industry overall are 2.39x and 15.7x respectively.
The sectors with the highest valuation multiples include:
- HCIT (4.46x LTM Revenue, 32.0x LTM EBITDA)
- Consumer Directed Health / Wellness (4.18x LTM Revenue, 22.1x LTM EBITDA)
- Home Health / Hospice (2.02x LTM Revenue, 21.0x LTM EBITDA)
- Assisted / Independent Living (2.15x LTM Revenue, 18.9x LTM EBITDA)
Read the report for more detail on sector activity.
Stay Ahead with Kroll
Mergers and Acquisitions (M&A) Advisory
Kroll’s top ranked M&A Advisory practice spans sell-side, buy-side, due diligence, deal strategy and structuring, and capital raising.
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.
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.
Debt Advisory
Kroll has extensive experience raising capital for middle-market companies to support a wide range of transactions.