Healthcare merger and acquisition (M&A) activity experienced nearly a double-digit percentage decline in deal volume during the second quarter of 2022, falling to 568 publicly announced deals, according to new data from Irving Levin Associates as captured on its LevinPro HC platform.
By contrast, healthcare M&A deals reached 622 in the first quarter of 2022, producing a 9 percent drop in the year’s second quarter. The e-health sector experienced a 36 percent decline, with 118 deals in the first quarter of 2021 and 75 transactions in second quarter of 2022. The Rehab sector had 28 deals in 2022’s first quarter and 20 in its second quarter for a 29 percent drop.
The top sector in the second quarter of 2022 was physician medical croups with 142 deals followed by 130 for other services, which include staffing companies, ambulatory surgical centers, urgent care centers and other ancillary healthcare services.
Healthcare M&A deal value totals also revealed quarterly declines. The total disclosed dollars spent fell from $119.7 billion in the second quarter of 2021 and $66.8 billion in the first quarter of 20222 to $50.3 billion in 2022’s second quarter.
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