Overview
The Ambulatory Health Care Services Industry spans a wide array of providers, including physicians, dentists, outpatient care centers, diagnostic laboratories, and home health services. These sectors deliver essential, non-hospital-based care, addressing growing demand for accessible and specialized medical services.
Industry growth is fueled by an aging population, increased prevalence of chronic diseases, and advancements in diagnostic and treatment technologies. Segments such as outpatient surgical centers and home health care are particularly dynamic, driven by cost-efficiency and patient preference for convenience. Regulatory focus on value-based care and technological integration further shapes the industry landscape.
M&A opportunities are abundant, with strategies centered on expanding service offerings, achieving geographic reach, and integrating innovative care delivery models. Consolidation among outpatient and diagnostic centers enhances operational efficiency, while acquisitions in home health and telemedicine enable companies to meet rising demand for remote and patient-centric care. For M&A professionals, this industry offers a compelling opportunity to capitalize on its steady growth, diverse services, and critical role in modern healthcare delivery.
Sub-Sectors
|
NAICS Code |
Industry Description |
|
621 |
Ambulatory Health Care Services |
|
6211 |
Offices of Physicians |
|
621111 |
Offices of Physicians (except Mental Health Specialists) |
|
621112 |
Offices of Physicians, Mental Health Specialists |
|
6212 |
Offices of Dentists |
|
62121 |
Offices of Dentists |
|
6213 |
Offices of Other Health Practitioners |
|
62131 |
Offices of Chiropractors |
|
62132 |
Offices of Optometrists |
|
62133 |
Offices of Mental Health Practitioners (except Physicians) |
|
62134 |
Offices of Physical, Occupational and Speech Therapists, and Audiologists |
|
62139 |
Offices of All Other Health Practitioners |
|
621391 |
Offices of Podiatrists |
|
621399 |
Offices of All Other Miscellaneous Health Practitioners |
|
6214 |
Outpatient Care Centers |
|
62141 |
Family Planning Centers |
|
62142 |
Outpatient Mental Health and Substance Abuse Centers |
|
62149 |
Other Outpatient Care Centers |
|
621491 |
HMO Medical Centers |
|
621492 |
Kidney Dialysis Centers |
|
621493 |
Freestanding Ambulatory Surgical and Emergency Centers |
|
621498 |
All Other Outpatient Care Centers |
|
6215 |
Medical and Diagnostic Laboratories |
|
621511 |
Medical Laboratories |
|
621512 |
Diagnostic Imaging Centers |
|
6216 |
Home Health Care Services |
|
6219 |
Other Ambulatory Health Care Services |
|
62191 |
Ambulance Services |
|
62199 |
All Other Ambulatory Health Care Services |
|
621991 |
Blood and Organ Banks |
|
621999 |
All Other Miscellaneous Ambulatory Health Care Services |
Historical PE Investments in Ambulatory Health Care Services
Private equity investments in Ambulatory Health Care Services have seen varying interest, with acquisition peaking at over 3.5% of all private equity acquisitions in recent years.
Renewed interest around 2012 coincided with healthcare reforms and technological advancements enhancing the sector's viability.
The growth rate and deal volume in PE investments for Ambulatory Health Care Services is also driven by the broader healthcare industry's expansion, demographic shifts, and a focus on value-based care models.
Market Summary (2001 - 2024)
- 5,148 - Platform investments
- 3,942 - Add-on investments
- 736 - Total unique private equity firms invested
Top 5 Private Equity Firms Invested in Ambulatory Health Care Services
Measured by the number of deals in Publishing Industries (except Internet).
- Summit Partners (Boston, MA)
- OrbiMed Advisors (New York, NY)
- Beecken Petty O'Keefe & Company (Chicago, IL)
- TPG (Fort Worth, TX)
- Polaris Partners (Boston, MA)
Geographical Distribution
Sample Private Equity Investments in our Database
June 2024
Tenex Capital Management completed an investment in Behavioral Innovations (Addison, TX).
Behavioral Innovations provides center-based applied behavior analysis therapy, speech therapy and occupational therapy services to children with autism spectrum disorder and other related developmental disabilities.
May 2024
Optimal Investment Group acquired Spectrum Behavioral Therapies (Orange County, CA).
Spectrum Behavioral Therapies is a behavioral health company focused on providing treatment and support for children with autism spectrum disorder (ASD).
May 2024
Goldman Sachs acquired Xpress Wellness Urgent Care (Oklahoma City, OK).
Xpress Wellness Urgent Care is a provider of urgent care services to rural and underprivileged communities.
April 2024
Kain Capital invested in Essen Health Care (Bronx, NY).
Essen Health Care is an independent primary care and multispecialty group which has fully integrated clinical divisions that offer Urgent Care, Primary Care, and Specialty Services.
March 2024
Waud Capital Partners acquired Senior Helpers (Towson, MD).
Senior Helpers is a provider of home care and wellness offerings for seniors.
How Private Equity Info sources data
As a research database and information services company serving the middle market M&A community for 20 years, Private Equity Info ingests enormous amounts of data surrounding transactions, firms, and executives. In addition, our team engages in many conversations daily across the spectrum of investors, investment bankers, and service providers to the M&A community.
This summary report was put together by analyzing the private equity investments collected by our dedicated research team which follows 127,000 key executives, 16,000 firms and 33,000 funds in the M&A industry, or 34 million total data points. Private equity investors, investment bankers and service providers in the M&A space use Private Equity Info to search, identify and download targeted lists of M&A professionals in order to connect with key executives across thousands of companies, firms and funds.