Episode 4: The Effects of Uncertainty on Healthcare M&A with Jorge Gross
Description
While the state of M&A activity varies with uncertainty, why is it different when it comes to healthcare?
Discussing the topic on the latest M&A Healthcare Insights podcast, host Mark Thomas sat down to talk with Jorge Gross, Partner at Trivest Partners, and his colleague Andre Ulloa, Partner and Executive Advisor at M&A Healthcare Advisors, to talk about M&A healthcare and its current state.
The trio further talked more about …
Areas within healthcare that are seeing substantial growth
Predictions on what M&A uncertainty could look like in the coming quarters
How the current banking crisis is affecting M&A uncertainty and why M&A Healthcare has a reliable component unlike other fields
“I will say healthcare overall probably has more activity than the other industries, and the primary reason for that is that … It's a recession-resistant market. At the end of day, it’s a lot easier to underwrite … people are still going to get injured … people are still going to need surgeries, or you're really focused on services … people are still going to go to the hospitals and the hospitals still need to bill and collect the insurance and patient receivables. And so, I would say healthcare overall probably has more activity than the other sectors, but M&A generally, across the board, is down,” said Gross.
Jorge Gross is a Partner at Trivest Partners, where he leads control fund investments. He holds a B.A. from Columbia University and an MBA from the Wharton School of the University of Pennsylvania.