Great Lakes Caring, National Home Health Care and Jordan Health Services are combining in a three-way merger, becoming one of the largest providers of home-based care in the United States. The company will have 221 locations across 15 states, serving about 63,000 patients each day and employing more than 31,000 people. Private equity firms Blue […]
After more than two decades, Great Lakes Caring Home Health and Hospice will have a new CEO. William Deary has stepped down from the role and exited the Jackson, Michigan-based company that he founded in 1994. Adam Nielsen, who was named president of Great Lakes in January 2016, has assumed the CEO position, effective immediately. […]
The Department of Labor finalized its rule on overtime for salaried workers this week, drawing concern from home health companies and other small businesses already feeling the pinch from rising labor costs. Readers were tuned in to this breaking news story, and no doubt the whole industry will be avid to learn more in the […]
A private equity firm has moved to purchase a home health agency in New York for about $103 million*, in what would be one of the highest-value transactions in recent quarters. New York-based private equity firm Blue Wolf Capital has moved to purchase the National Home Health Care Corporation (NHHC), according to Capital One (NYSE: COF), […]
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