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: Personal Home Care
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 […]
Home care companies are constantly looking for new growth avenues and expansion opportunities. In order to reach new heights, leaders at companies like TheKey, Comfort Keepers and Nova Leap are exploring various strategies to scale their businesses. For TheKey, this means focusing on three main areas. One of these areas is the company’s “boots on […]
The investment firm KKR & Co. Inc. (NYSE: KKR) announced Friday that it had entered an agreement to acquire 11,619,998 shares of BrightSpring Health Services (Nasdaq: BTSG) stock from Walgreens Boots Alliance (Nasdaq: WBA). KKR is an existing backer of BrightSpring, which had a share price of $13.85 as of market close on Friday. Based […]
TheKey has been one of the most active acquirers in the home care space, but now, it is shifting focus and leaning into other growth drivers. “For us, that’s kind of our big focus now: How do we really double down on organic growth?” Melissa Reyes, president of the west division at TheKey, said during […]
A family owned and operated Midwest home care agency has thrived locally for nearly two decades. Its next step is hiring and strategizing for growth. Senior1Care recently announced the promotion of Jane Francis to executive vice president of business development. Francis’ background in health care and business management positions her to drive the organization’s growth […]
Referral sources are the lifeblood of home-based care companies. Even with payment and staffing headwinds, solid referral source relationships offer a path to sustainability for providers. At Avid Health at Home, there are a number of elements that go into its referral source strategy. The company prioritizes routine communication, and personalizing outreach. “No two referral […]
There are many areas that top home care leaders believe are untapped wells of business opportunities for the industry at large. As such, leaders at companies like Home Helpers, HCR Home Care and Help at Home are leaning in. For Home Helpers, this means creating longer-term relationships with health care networks. “While the businesses are […]
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 U.S. Centers for Disease Control and Prevention (CDC) recently released new data on the health and needs of caregivers around the country. Specifically, the study took into account the status of family caregivers, and how that changed from 2015–2016 to 2021–2022. One in five adult Americans provides care support to a friend or family […]
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