Q1 2024 Durable Medical Equipment Update
Q1 2024 Durable Medical Equipment Update
M&A activity in the DME market demonstrated a pick-up in Q1 2024 vs. the lower deal volumes throughout 2023 as macro-economic conditions have normalized and investors have refocused efforts on acquisitions. PE sponsors are drawn towards DME to capitalize on the continued shift of healthcare services to home-based settings coupled with an aging population with an increasing prevalence of chronic conditions.
Provident has observed a notable uptick in the level of private equity and strategic investor interest in Q1. Several groups who have engaged operating partners and developed a thesis around DME are actively seeking platform investments, a strong leading indicator for future deal activity. Market sentiment continues to be positive and reflective of the caliber of groups across the space that have gained operational expertise by navigating challenges introduced by competitive bidding, COVID, and supply chain issues over the past 5+ years.
To print and download the full DME Update report, please click below…
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