Mergermarket’s Dealspeak North America turned to Phil Kim, health care partner at Jackson Walker, for an examination on how recent Medicaid cuts under the federal One Big Beautiful Bill Act are reshaping health care dealmaking across the nation.

The article, “Medicaid Cuts Not What the Doctor Ordered for Healthcare M&A,” explores how reimbursement uncertainty has slowed transaction activity to its lowest level in a decade. Despite the challenges, Mr. Kim said the current environment has created strategic opportunities for experienced market participants.

“Companies hesitant to move forward risk missing a narrowing window to capitalize on market adjustments,” said Mr. Kim in the article.

He recently advised a mid-sized health care provider with significant Medicaid revenue to recalibrate its valuation model using forward-looking reimbursement trends and operational efficiencies, leading to a successful exit.

Read the full Mergermarket article here.