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Provident Healthcare Partners Provident Healthcare Partners

Q1 2024 Rehabilitation Update

Provident Healthcare Partners
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Q1 2024 Rehabilitation Update

Physical therapy M&A activity in the first quarter of 2024 was primarily comprised of strategic add-on acquisitions. Both public and private equity-backed platforms continue to compete for market share in a sector that remains highly fragmented. These platforms have strategically pursued regional add-on acquisitions to expand geographic reach and build economies of scale with established centralized administrative and corporate functions.

The Provident team anticipates that M&A momentum in the physical therapy sector will sustain its current pace as investors and platforms continue to capitalize on opportunities for growth and expansion. As several large operators are expected to begin marketing processes in the first half of 2024, Provident anticipates multiple landmark acquisitions to be announced by the end of the year.

To print and download the full Rehabilitation Update report, please click below…

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