Healthcare Services Sector Update – July 2019

The S&P Healthcare Services Index increased by 2.5% over the last month, as compared to S&P 500, which increased by 1.3% over the same period.

Over the past month, the best performing sectors were Healthcare Consulting (up 14.3%), Consumer Directed Health/Wellness (up 12.0%) and Home Health/Hospice (up 10.2%). The sectors experiencing the most decline were Hospital Vendors (down 8.8%), Behavioral Health (7.2%) and Dialysis Services (3.2%).

The current average LTM revenue and LTM EBITDA multiples for the Healthcare Services industry overall are 2.48x and 15.7x, respectively.

Healthcare Services Sector Update – July 2019

The sectors with the highest valuation multiples include:

  • HCIT (4.77x LTM Revenue, 27.8x LTM EBITDA)

  • Consumer Directed Health / Wellness (4.85x LTM Revenue, 27.8x LTM EBITDA)

  • Home Health / Hospice (2.16x LTM Revenue, 21.5x LTM EBITDA)

  • Healthcare REITS (12.78x LTM Revenue, 19.4x LTM EBITDA)

Read the report for more detail on sector activity.

Healthcare Services Sector Update – July 2019 2019-08-16T00:00:00.0000000 /insights/publications/m-and-a/healthcare-services-sector-update-july-2019 /-/media/assets/images/publications/featured-images/2019/mergers-and-acquisitions/healthcare-monthly-report-july-2019.ashx publication {D59CA77E-C551-45A3-BE89-F567210C5A60} {DC6234F2-03B5-4F3D-9CDE-146A80B170AD} {4DACD310-421A-42AC-BEF4-8AA7E70484CD} {D3AE3EC6-3254-4441-B111-1AF8D558906C} {6B6F3B01-98A6-4BC2-B2CD-CBD127447FB5} {13E28841-C245-441D-8C3B-49E72DA5381C} {9B44E83A-E993-4902-AAE0-82849CEAD728} {5CE144D0-ADDC-43A3-95E4-3428CA819BF8} {DF0A8D82-EB98-4261-8951-BF842E034FA8}

Related Services

Corporate Finance

Comprehensive support throughout mergers and acquisitions and other corporate transactions.

Corporate Finance

M&A Advisory

Middle-market M&A advisory differentiated by industry expertise and superior deal execution.

M&A Advisory

Transaction Advisory Services

Seamless analytical advisory through the deal continuum, from transaction origination to closing.

Transaction Advisory Services

Financial Sponsors Group

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

Financial Sponsors Group

Insights