PitchBook Covers Takeaways From McGuireWoods’ HCPE Conference

May 24, 2024

PitchBook published a May 15, 2024, analysis of McGuireWoods’ 20th annual Healthcare Private Equity and Finance Conference, providing insights on the state of healthcare deal activity, the future of physician practice management investing and opportunities in pharma services.

The HCPE conference, held May 8-9, 2024, in Chicago, drew a record 1,065 attendees, including active and prospective private equity portfolio companies, service providers and lenders. The conference featured panel discussions covering trends and opportunities across sectors of the healthcare market, compliance issues, the emergence of artificial intelligence and other topics.

In its summary of key takeaways from the conference, PitchBook reported: 

  • “Healthcare deal activity is picking up but has yet to materialize into announcements as dealmaking proceeds haltingly.
  • “The future of physician practice management investing is in flux as valuations and growth expectations reset.
  • “PE firms are bullish on pharma services, despite life sciences’ greater volatility and concentration risk.”

In addition, McGuireWoods published a legal alert noting important information from the conference.