2026 Private Equity Survey: Healthcare Spotlight

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A More Selective Path to Growth

BDO’s 2026 Private Equity Survey reveals how private equity leaders investing in healthcare are pursuing growth while taking a more selective approach across the investment lifecycle.

Based on responses from 164 PE firms that invest in healthcare, the spotlight examines the deployment challenges, execution constraints and value creation priorities shaping investment decisions.

What Healthcare PE Leaders Should Know

Healthcare investors are becoming more selective about where they where they deploy capital. The spotlight shows how firms are weighing near-term execution demands against the capabilities needed to support long-term growth.

34%

of healthcare investors say new platform acquisitions will be their primary use of dry powder in the next year.

Key Takeaways

  • Diligence and competition are affecting deployment

    Diligence findings and competition are influencing healthcare investment decisions.

  • Talent shortages are affecting deal execution

    49% say finding and retaining the right people is their primary limitation to executing deals at speed.

  • Acquisitions remain central to growth

    Healthcare investors are balancing platform expansion with other uses of available capital.

  • Technology is supporting value creation

    28% select new technology and digital capabilities as the strategy likely to have the most impact this year.

  • Sponsors are maintaining exit flexibility

    Healthcare investors are evaluating several possible routes to exit.

2026 Private Equity Survey

Explore the full report and insights from all 400 respondents. 

Methodology

This spotlight reflects responses from 164 PE firms that invest in healthcare. BDO’s 2026 Private Equity Survey polled 400 U.S. PE fund managers and operating partners in May 2026 to understand their strategies as well as the opportunities and challenges on the horizon for the next 12 months. The survey was conducted by Rabin Roberts Research.


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