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Growing Regulatory, Financial Concerns Push Home Health Consolidations

As more regulatory pressures force consolidation among the health care industry as a whole, home health and hospice providers also are feeling the heat — joining forces to better compete in today’s evolving landscape. Most recently, the University of Pittsburgh Medical Center, better known as UPMC, announced it would be bringing Family Hospice & Palliative Care […]

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Home Health Business Briefs: EHR Tech Provider Acquires HomecareCRM

As one of the fastest-growing sectors in the United States, home health care is teeming with business activity. Here are some of the industry’s latest investments, acquisitions and partnerships:  Remote Monitoring Company Partners With Arcadia Home Care & Staffing  Healthsense, Inc., a provider of aging services technology, announced recently its partnership with Arcadia Home Care […]

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Almost Family Acquires WillCare for $50 Million, Targets Personal Care Growth

Almost Family (Nasdaq: AFAM) is significantly expanding its personal care offerings by acquiring WillCare HealthCare in a roughly $50 million deal, the company announced Wednesday. With the addition of WillCare, Louisville-based Almost Family is increasing the size of its personal care segment by nearly one-third, to an expected $150 million in annual revenue, according to […]

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Gentiva Shareholders Approve Merger With Kindred

Kindred Healthcare, Inc. (NYSE: KND) is nearing the completion of its $1.8 billion merger with Gentiva Health Services, Inc. (NASDAQ: GTIV). Gentiva recently announced the company’s stockholders have approved all necessary proposals for the merger with Kindred, which is expected to be complete Feb. 2, 2015. Kindred and Gentiva entered into a definitive agreement Oct. 9, 2014, […]

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Accelera Innovations Expands with $6 Million Home Care Acquisition

Only a few weeks into 2015 and the market for home health acquisitions continues to ramp up. Today, Accelera Innovations, Inc. signed a definitive agreement to acquire Oklahoma-based Traditions Home Care Inc. for a purchase price of $6 million. Accelera is a collaboration of companies that aims to improve the outcomes of post-acute and long-term […]

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