National home health, hospice and post-acute care provider LHC Group (NASDAQ: LHCG) announced it has recently closed its previously stated acquisition of Life Care Home Health. The deal, which was announced in July, entails LHC acquiring 13 home health agencies across six states for $10 million in cash, thus expanding the company’s footprint to 350 […]
Category: M&A
Selling a home care company, just like any business, requires a great deal of deliberation. And while the market abounds with hundreds of these types of agencies, there are several key practices companies can employ to better position themselves for sale among their competitors, especially in a landscape where heightened acquisition activity has ripened the […]
In efforts to broaden services and operations in Georgia, High Point, N.C.-based Advanced Home Care has announced a merger with Central Georgia Home Care Services, a firm based in Macon, Ga. “The partnership between Advanced Home Care and Central Georgia Home Care Services will allow us to expand our capabilities in order to provide enhanced […]
The latest in a series of ongoing acquisitions in the home health and hospice sectors this year, California-based company The Ensign Group (Nasdaq:ENSG) has added yet another home health care agency to its growing portfolio of post-acute care operations. The Mission Viejo, Calif.-based company announced Monday that is has acquired Angeles Home Health Care located […]
Several home health and hospice agencies in New England recently rebranded to join the Ascend family of companies. Care Alternatives, Total Care, BergenCare Home Health, BergenCare Personal Touch and Total Care of Massachusetts last week completed their rebranding efforts to carry the Ascend name, a move that the parent company believes will not only better […]
The ever-persistent Kindred Healthcare, Inc. (NYSE:KND) has yet to be deterred in its ongoing quest to purchase Gentiva Health Services, Inc. (NASDAQ:GTIV), as it reiterated its offer to buy the company Tuesday. As previously announced last week, Kindred is willing to enter into a negotiated agreement to acquire all of Gentiva’s outstanding shares for a […]
The ongoing purchase offers and subsequent rejections between Kindred Healthcare, Inc. (NYSE:KND) and Gentiva Health Services, Inc. (NASDAQ:GTIV) has invited a new player into the mix, one that analysts assume is likely a private equity suitor for the latter home health giant. Monday, Kindred solicited its newest proposal to Gentiva in response to the company’s […]
The Ensign Group (NASDAQ: ENSG), a western U.S. provider of a variety of senior care services, is expanding its home health care presence with the acquisition of a Colorado hospice company. The Mission Viejo, California-based company announced Tuesday that is has acquired Namaste Hospice located in Denver. While the transaction terms were not disclosed, the […]
The ever-present and impending funding cuts to the home health industry have yet to signal that the sky is falling, but while some providers may be feeling the strain financially, others are more optimistic of the future to come—with short term consolidation in the meantime. Regulatory cuts to home health Medicare payment rates, such as […]
Following its acquisition of a Tampa-area home health agency last month, Greystone Healthcare Management Corp. is expanding its presence in the Sunshine State with the purchase of a skilled-nursing facility (SNF) in Melbourne, Florida. Greystone, which manages healthcare facilities and home health agencies in Florida and Ohio, Monday announced the acquisition of Wuesthoff Progressive Care […]
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