Gary W. Herschman and Kevin J. Ryan, Members of the Firm in the Health Care and Life Sciences practice, in the firm’s Newark and Chicago offices, respectively, were quoted in the Bloomberg BNA's Health Law Reporter, titled “Health-Care Transactions Update: July,” by Mary Anne Pazanowski.

Following is an excerpt (see below to download the full version in PDF format):

Certain health-care sectors are seeing more consolidation than others, Herschman and Ryan observed. …

The July transactions list shows a small, but growing interest in the behavioral health space, Ryan observed. He told Bloomberg BNAhe believes the number of transactions in this industry sector—and especially in the addiction treatment subsector—will increase.

President Donald J. Trump recently declared a state-of-emergency over the nationwide opioid addiction problem, Ryan noted. The president's statement may open up more funding for treatment and could lead providers to consider opening or funding more treatment centers, he said.

Long-term care deals led the list in July, and there were over 20 deals in July that involved the combined long term, home, and hospice care sectors, Herschman said. “As the baby boomers move into their 60s and 70s, investment continues in the long-term care sector, which expects a corresponding growth in demand for services in the near future.”

The population health management drive, additionally, is focusing “on keeping this growing elderly population healthy and cared for in the most cost-effective, outpatient, and home-based settings,” he said.

There also is a growing emphasis on providing a “continuum of care,” with home-based care being the least intensive level for patients, Herschman said. People begin with home care because they don't want to be institutionalized, but providers want to be ready to provide more intensive care as it is needed, he added.


Jump to Page

Privacy Preference Center

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

Performance Cookies

These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.