According to the PwC report, "Barring surprises — such as a major domestic worsening of the pandemic — we anticipate deal interest at similar levels through year's end and beyond, despite a high-multiple environment."

Both the volume and value of health services deals have come roaring back since a slump early in the pandemic. After the fourth quarter of 2020 saw the highest deal volume ever with 352 deals, the 426 deals in the first quarter of this year topped it by 21%, according to the midyear outlook from PwC.

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