Skip to content

Market Monitor: Healthcare

Read Market Monitor

Market Monitor: Healthcare

Making the right decisions for your business starts with having the most accurate and current information available. Our Healthcare  Market Monitor keeps you up to date on the events, trends, and market forces that shape and guide the industry.

  • In Q2 2023, total U.S. healthcare services M&A volume reached 182 transactions, indicating a 14.2% decrease compared to the same quarter in 2022. However, through Q2 2023, the total volume is down 19.8%, which indicates greater relative activity than the broader M&A market.
  • Physician Medical Group M&A activity in Q2 2023 continued to outpace other subsectors, with volume remaining relatively flat year-over-year. Approximately 20% of the Physician Medical Group volume consisted of Dental practices, indicating the continuation of the Dental practice roll-up strategy.
  • The increased consolidation among Physician Medical Groups is likely to lead to a shift in strategy away from single specialty roll-ups, towards consolidating these single specialty groups into multi-specialty platforms.

For more information or questions, please contact our contributors:

Paul Kacik, Managing Director:

Brad Erhart, Director:

Daren Oddenino, Managing Director: [email protected]