With the uncertainty surrounding the U.S. Centers for Medicare & Medicaid Services’ (CMS) new proposed payment rule, buyers and sellers in the M&A industry will be proceeding with caution.
Home health insiders told Home Health Care News that while the proposed rule is sure to create some pause in overall activity, it shouldn’t be considered a doom-and-gloom scenario.
“It was not welcomed by anyone in the home care industry,” Les Levinson, co-chair of the transactional health care practice Robinson & Cole LLP, told HHCN. “You can’t ignore it, even though it’s only a proposed rule. The general feeling is that the number proposed probably won’t be the final number. But it’s a fair assessment to say that this will have an impact on buyers and sellers coming to market.”
Dealmakers will likely pause and evaluate potential acquisitions in the works and use a wait-and-see approach until the magnitude of the cut is finalized later this year.
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The post The Home Health Proposed Rule’s Impact on M&A Activity appeared first on Home Health Care News.
