Q4 2022
February 3, 2023
Healthcare services deal activity continues to slip in Q4
While 2022 was the second-best year on record for PE investment in healthcare services, dealmaking declined throughout the year and rounded out Q4 at pre-pandemic levels.
And PitchBook analysts don't see a rebound on the horizon quite yet. The staffing crunch, liquidity constraints and a rocky fundraising market will likely continue to drag deal count down in the first half of 2023.
Our Q4 2022 Healthcare Services Report breaks down recent PE trends, investment strategies and key regulatory developments in the healthcare services market. The report also spotlights opportunities in rheumatology, value-based care enablers and Medicaid/CHIP pediatric dentistry.
PE activity | 3 |
Healthcare services PE ecosystem market map | 10 |
Healthcare services PE investor map | 12 |
Q4 2022 timeline | 13 |
Key regulatory developments | 14 |
Segment data | 15 |
Generalist providers | 16 |
Multispecialty providers | 17 |
PPMs | 18 |
Skilled care and behavioral health | 21 |
Spotlights | 23 |
Rheumatology | 24 |
VBC enablers | 26 |
Medicaid/CHIP pediatric dentistry | 27 |
Appendix | 29 |