BrightSpring Health Services completes Haven Hospice acquisition BrightSpring Health Services (Nasdaq: BTSG) announced earlier this month that it has finalized its $60 million acquisition of the assets of North Central Hospice and Haven Medical Group, which collectively make up Haven Hospice. The deal was first announced in June, and was finalized as of Sept. 1. […]
Category: M&A
It’s the interest rate, stupid. Home health, home care and hospice industry voices – including myself – have regularly pointed toward internal factors affecting M&A over the last two and a half years. In the end, the overarching, main headwind was always the extremely high interest rates that were put forth by the Federal Reserve […]
UnitedHealth Group’s (NYSE:UNH) acquisition of Amedisys (Nasdaq:AMED) is still pending. That could be due to a variety of factors, but one is clear: the Oregon Health Authority’s (OHA) ongoing review, which is expected to continue until at least the end of November. OHA’s Health Care Market Oversight (HCMO) program reviews health care business deals to […]
The National Association for Home Care & Hospice (NAHC) and the National Hospice and Palliative Care Organization (NHPCO) have announced the launch of a new national organization with the unveiling of a name, logo and website. The two organizations had already merged – and named a new leader – but had not yet announced a […]
Help at Home, one of the largest home care providers in the country, has announced three transactions. The company acquired Care By Your Side, One Care Health and AAMedcare, which are all home care providers based in Georgia. “Bringing our unique value proposition to more Georgia communities enables us to provide great days and meaningful […]
The home health sector offers an attractive investment opportunity, but also comes with challenges. It is poised to benefit from an aging population and the shift toward value-based care, however, it is also influenced by factors such as rising interest rates, reimbursement difficulties and staffing shortages, all of which have affected the M&A market. “I […]
Pennant completes acquisition of Signature assets The Pennant Group (Nasdaq: PNTG) has completed its acquisition of Signature Healthcare at Home’s Washington and Idaho assets. With an $80 million purchase price, the transaction was the largest in Pennant history. The deal was first announced in early July, and is just one of many deals Pennant has […]
There are certain headwinds affecting all home-based care providers right now, whether it be in payment, staffing or otherwise. Amid those challenges, the largest companies are all taking slightly different approaches to growth. Enhabit Inc. (NYSE: EHAB), for instance, grabbed the attention of home health providers everywhere last week when it announced that it had […]
The LTM Group announced the acquisition of Wichita Home Health Services Monday. The deal will add over 500 team members and more than 1,000 patients to the company’s network. The company provides – through multiple locations – home health, personal care, hospice and rehabilitation services. The organization collaborates with health care systems and payers to […]
HouseWorks has acquired the Pittsburgh-based personal care services company Bridge City Home Care. The transaction further increases HouseWorks Pennsylvania footprint. One of the reasons Bridge City Home Care was an attractive acquisition target to HouseWorks was because of an existing relationship. “Bridge City was owned by the same individual who previously owned Druk Home Care, […]
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