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Layoffs, Closures and Threats: Home Health Care News’ Most Popular Stories of 2014

Policy changes, blockbuster mergers and acquisitions, as well as layoffs, closings and caregiver labor debates characterized the home health and hospice sector in 2014. Mounting reimbursement pressures forced some of the nation’s largest provider to shutter operations and lay off hundreds at some locations, while other big players turned to the acquisition market to fuel their […]

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Epic Health Services Enters Missouri Home Health Care Market with New Acquisition

Dallas, Texas-based Epic Health Services, Inc. is expanding its pediatric skilled nursing and therapy services with the acquisition of Nurses to Go, LLC, a Missouri-based company that provides pediatric and adult private duty home health care services.  The companies this month announced the closing of a definitive agreement, under which Epic Health Services has acquired […]

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HealthSouth Agrees to Acquire Encompass Home Health for $750 Million

HealthSouth Corporation (NYSE: HLS) has agreed to acquire privately held EHHI Holdings, Inc., the owner of Encompass Home Health and Hospice, for approximately $750 million. The transaction has been approved by both companies’  boards and is expected to close before the end of the year, HealthSouth announced Monday.  Previously, rumors suggested Cressey & Company, the […]

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Kindred Grows Post-Acute Network With New $195 Million Acquisition

Kindred Healthcare, Inc. (NYSE: KND), the nation’s largest provider of integrated post-acute care and rehabilitation, recently announced that it has signed a definitive merger agreement to acquire Centerre Healthcare Corporation for approximately $195 million in cash. Centerre currently operates 11 inpatient rehabilitation hospitals with 612 beds in partnership with some of the nation’s leading acute care hospital […]

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Mega Million Dollar Deals Color M&A Home Health Activity

Fifty-three home health and hospice transactions have taken place year-to-date, and even greater merger and acquisition activity is on the horizon, says Irving Levin Associates in its recent report that shows M&A activity from 2009 through 2014. Recently, after a long bid war, Kindred Healthcare, Inc. (NYSE: KND) and Gentiva Health Services, Inc. (NASDAQ: GTIV) agreed to merge […]

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