Healthcare Services Sector Update – Winter 2021 M&A Advisory

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Healthcare Services Sector Update – Winter 2021

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)
Healthcare Services Sector Update – Winter 2021 2021-12-16T00:00:00.0000000 /insights/publications/m-and-a/healthcare-services-sector-update-winter-2021 /-/media/assets/images/publications/featured-images/2020/healthcare-services-sector-november-2020.jpg publication {DC6234F2-03B5-4F3D-9CDE-146A80B170AD} {4DACD310-421A-42AC-BEF4-8AA7E70484CD} {D3AE3EC6-3254-4441-B111-1AF8D558906C} {6B6F3B01-98A6-4BC2-B2CD-CBD127447FB5} {5CE144D0-ADDC-43A3-95E4-3428CA819BF8}

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