Banker Insights: Home Infusion & Specialty Pharmacy

Home INfusion & Specialty pharmacy

NHIA 2025 Conference

Recent Conference Insights

Our Healthcare Investment Banking team recently attended the NHIA ’25 Conference in Washington DC, where we had the chance to reconnect with numerous clients, investors, and industry leaders in the Home Infusion and Specialty Pharmacy space.  With the Asembia Conference in Las Vegas coming up at the end of the month, we are seeing a noticeable increase in interest from Private Equity firms in this area of the healthcare ecosystem.

What’s Driving This M&A Activity? 

Shift in Care Settings: There’s increasing pressure from payers to move patients from hospital-based infusion centers to home or Ambulatory Infusion Centers.

Pipeline of Specialty Infusion Drugs: A high number of specialty infusion pharmaceuticals are progressing through the FDA approval process, creating new opportunities in the market.

Private Equity Activity: After a slower couple of years, many investors are pressuring their Private Equity firms to put money to work and take action.

For more information or questions, please contact the Healthcare Services team:

Paul Kacik, Managing Director: pkacik@hexagoncapitalalliance.com

Brad Erhart, Director: berhart@hexagoncapitalalliance.com

Banker Insights: Substance Abuse Disorder Industry

Positive M&A Outlook- substance abuse disorder industry

Recent Conference Insights

Our Healthcare Investment Banking team recently attended the 2025 Treatment Center Investment East Conference, where we had the opportunity to connect with leading investors, operators, and stakeholders across the Substance Use Disorder (SUD) treatment landscape. As we head further into 2025, we are seeing sustained investor interest in behavioral health, particularly in scalable, outcomes-driven treatment models.

Key Market Drivers Supporting Investor Interest

Rising Demand for Behavioral Health Services: Increased public awareness and ongoing efforts to reduce stigma around mental health and addiction continue to drive demand for comprehensive SUD treatment.

Favorable Reimbursement Environment: Investors remain drawn to providers with proven clinical outcomes and strong payer relationships, supported by stable reimbursement structures.

Market Fragmentation: Despite growing consolidation, the SUD space remains highly fragmented, offering significant opportunity for platforms to scale via add-on acquisitions and regional expansion.

Regulatory Tailwinds: Enhanced government funding and policy focus on combatting the opioid crisis continue to provide long-term support for providers and drive investment activity.

For more information or questions, please contact the Healthcare Services team:

Paul Kacik, Managing Director: pkacik@hexagoncapitalalliance.com

Brad Erhart, Director: berhart@hexagoncapitalalliance.com