Dealmaking in the healthcare industry will continue to drag until there is more clarity about the move to repeal and replace the Affordable Care Act, said dealmakers in recent interviews.

“I think for a while you’ll see less deals,” said Robert Galvin, CEO of Equity Healthcare, a company created in 2008 by the Blackstone Group LP (NYSE: BX) to work with private equity firms and their portfolio companies to manage healthcare costs. Galvin said some questions will be resolved with the passage of the 2018 federal budget.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.