Home care executives are expecting a few separate things to shake up the market in the coming years. Among those are an increase in franchising, more private equity involvement and innovation to keep pace with higher costs. Consolidation in home care has lagged compared to home health care. One of the reasons why is that […]
Bain Capital Double Impact
Arosa+LivHome continues to ride its fast-paced M&A wave into 2020. The company announced Tuesday that it has acquired Lifecare Innovations, a Burr Ridge, Illinois-based professional care management services provider. Financial terms of the deal were not disclosed. Backed by Bain Capital Double Impact, Arosa+LivHome was formed in October 2018 after the combination of two regional […]
Arosa+LivHome announces fifth acquisition of 2019 Arosa+LivHome has agreed to acquire The Cameron Group, an Orlando, Florida-based care management and home care agency. On top of that, the Bain Capital Double Impact-backed provider announced the acquisition of Senior Care Management Associates (SCMA) and Companion & Home Care, both located in North Carolina. Financial terms of […]
Using a virtual reality headset and the story of a veteran with lung cancer, a Los Angeles-based company is showing caregivers what it’s like to die in hospice care. The goal of the simulation, created by Embodied Labs, is to bring new dimensions to employee training. “People will say, ‘Oh, so you’re teaching empathy, right?’ […]
The home health and hospice industries are expected to see significantly more mergers and acquisitions in 2019 than in years past. The growing popularity of lower-cost, value-based care and other factors are largely to thank. That’s according to Norwalk, Connecticut-based market intelligence firm Irving Levin & Associates, which collects and studies M&A data. The boom […]
Bain Capital Double Impact’s newly formed home care group is expanding less than three months after its creation. And Arosa+LivHome’s growth won’t stop there. Grayslake, IL-based Partners in Senior Care is the provider’s newest addition. Financial terms are not being disclosed. Nor is information about whether the company will rebrand or change its name. The […]
Earlier this year, Bain Capital Double Impact acquired and combined two regional health care companies, Arosa and LivHome, creating a new national in-home care provider. The combined company is led by Ari Medoff, whose background includes an application to the Marines as well as stints with major investment banks and private equity firms. He’s focused […]
MBF Healthcare Partners Makes Play for Affinity Hospice Coral Gables, Florida-based MBF Healthcare Partners, a middle-market health care private equity fund, has executed a definitive agreement to acquire a majority interest in Affinity Hospice. Financial terms were not disclosed. Affinity Hospice provides end-of-life services throughout Alabama and Georgia. The hospice provider is based in Birmingham, […]
Bain Capital Double Impact has acquired and will combine two regional health care companies, Arosa and LivHome, to create a national in-home care provider. This is the first home care investment for Bain Capital Double Impact. The company, which is the impact investing arm of Boston-based Bain Capital, has been tracking the industry for years and actively […]