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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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Apollo Medical Holdings Launches New Home Health, Hospice Subsidiary

Apollo Medical Holdings, Inc., an integrated physician-centric health care delivery company, announced recently the launch of a new subsidiary, Apollo Palliative Services (APS), with the acquisition of majority stakes in both a hospice agency and a home health company.  The hospice agency serves three counties in Southern California, with an average daily census of 40 […]

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Federal Contractor Buys Texas Home Health Care Agency

Anchorage, Alaska-based federal contractor Chenega Corporation has purchased AQTS Home Health in San Antonio to expand into the commercial home health care market, the San Antonio Business Journal reports. The purchase price was not disclosed. AQTS Home Health, part of the Access Quality family of companies, has 75 full-time employees in San Antonio that provide nursing, occupational […]

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Encompass Home Health Seeks Buyer, $700 Million Price Tag

On the heels of several national home care acquisitions in recent months, Encompass Home Health’s parent company is seeking a buyer for its home health arm, according to a report from the Wall Street Journal. Cressy & Co., the company’s parent, is seeking a purchase price of $700 million, the Wall Street Journal reports, citing three […]

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