Care management organizations and home health services will grow faster than the overall healthcare and life sciences market in 2019, according to a KPMG-Leavitt Partners survey.
Researchers asked 175 healthcare CFOs, investment bankers and private equity executives last year about their expectations for deal activity, growth expectations and valuations.
Seventy-eight percent of respondents predicted care management solutions for risk-bearing providers will grow faster than the overall healthcare and life sciences market. Seventy-six percent predicted home health services will grow faster, and 62 percent predicted health IT will grow faster.
Thirty-four percent of respondents cited healthcare IT as the area they are most interested in investing in this year. That was followed by care management (31 percent), home health (23 percent), retail-centric medical groups (22 percent) and primary care practices (21 percent).
“We are not surprised by the great deal of interest in health IT and care delivery outside the hospital,” Mike Leavitt, founder of Leavitt Partners and former Utah governor and HHS secretary, said in a news release. “As healthcare continues to march toward value, the emphasis on moving care to lower-cost sites and enhanced coordination will continue, and those who can increase quality and lower cost will win.”
Date: January 11, 2019
Source: Beckers Hospital CFO Report