Top health care executives foresee strong home health growth in 2020, despite the upcoming Patient-Driven Groupings Model (PDGM) and other regulatory headwinds. Behavioral health and hospice are likewise poised for a bullish year. That’s according to Capital One’s annual health care services executive survey, released Wednesday. More than 123 senior health care executives from across […]
Capital One
Thanks to heightened interest from private equity buyers and companies’ efforts to diversify business operations, 2018 has seen an acceleration in the number and size of home health, hospice and personal care transactions. The hot market should continue going forward, although the new home health payment model and sky-high valuations raise some questions about what […]
Bristol Hospital Buys Suncrest’s Colorado Operations Bristol Hospice has acquired the Colorado operations of Suncrest Hospice LLC, one of the largest for-profit hospice providers in Colorado. Financial terms of the acquisition were not disclosed. Salt Lake City-based Bristol Hospice, a portfolio company of private equity firm Webster Capital, operates and manages hospice programs in eight […]
Addus Completes Purchase of Ambercare Frisco, Texas-based Addus HomeCare Corporation (Nasdaq: ADUS) announced Tuesday it has completed its deal to buy Ambercare Corporation, Inc., a personal care, hospice and home health services provider headquartered in Albuquerque, New Mexico. Addus provides home care services to more than 36,000 clients through 142 offices in more than two dozen states. […]
The rising number of aging Americans is likely to drive transformation in how seniors age in place, from technology advances to real estate designs, according to a recent report from the Massachusetts Institute of Technology (MIT) Center for Real Estate. The latest census data shows the number of Americans age 65 or older is projected to be 83.7 million by 2050, according […]
HealthSouth Increases Credit Revolver HealthSouth Corporation (NYSE: HLS) has amended the credit agreement governing its senior secured credit facility, increasing its revolver to $700 million from $600 million. HealthSouth is one of the nation’s largest post-acute care providers, offering both facility- and home-based services in 36 states and Puerto Rico through inpatient rehabilitation hospitals, home […]
Professionals and investors in the health care services industry are optimistic about the industry’s future business performance—and they’re particularly bullish about the growth of the home health and hospice sector in the coming year. In fact, the home health and hospice sector is likely to see strong growth in the next 12 months, according to […]
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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