How hospice valuations are shaping up in 2024
06/04/24 at 03:00 AM
How hospice valuations are shaping up in 2024
Hospice News; by Jim Parker; 5/30/24
When it comes to hospice acquisitions, buyers’ and sellers’ expectations on price tags are becoming more aligned. A surge of deals in 2021 and 2022 led to record-high valuations in the space with multiples reaching in excess of 30x in some instances. While many buyers were willing to pay that premium, some stepped out of the market due to the high valuations. But deal volume has largely declined in late 2023 and early 2024, and valuations are starting to come down.