One of the nation’s largest providers of post-acute health care services is “back on track” with its earnings after a less-than-stellar ending to 2015, according to the company’s executives. HealthSouth Corporation (NYSE: HLS) seems to have found its footing after numerous acquisitions and aggressive expansion within the home health sector, reporting strong volume and revenue growth […]
CareSouth
HealthSouth Corporation (NYSE: HLS) has completed its $170 million acquisition of CareSouth Health System Inc., expanding its home health and hospice footprint and furthering its strategy of building integrated post-acute services that span inpatient and at-home settings. The CareSouth acquisition was finalized less than a week after HealthSouth announced its third quarter 2015 financial results. […]
Editor’s note: Home Health Care News will be observing the Labor Day holiday Monday, September 7, but we will return to our normal posting schedule Tuesday, September 8. In the meantime, all of us here at HHCN would like to wish our readers a safe and enjoyable Labor Day weekend! In case you missed them, […]
HealthSouth Corporation (NYSE: HLS) has further expanded its portfolio, acquiring the home health agency operations of CareSouth Health System, Inc. for $170 million in cash and merging them with those of Encompass Home Health, the national operator announced Monday. Along with the acquisition, the national home health, post-acute and senior living services provider CareSouth retains […]
CareSouth Health System, Inc., a national senior care services provider based in Augusta, Ga., has announced the launch of a comprehensive rebrand that will emphasize its client-centric approach. The company will begin the national rebranding of its CareSouth agencies across all CareSouth-branded business lines, including CareSouth Home Health, CareSouth Hospice, CareSouth Private Duty and CS […]
Home health care provider CareSouth is teaming with Des Moines, Iowa-based senior living operator and developer LCS for a joint venture partnership called Health at Home, An LCS Company. CareSouth, based in Augusta, Ga., will manage the operations of the 17 existing Health at Home locations in 11 states, which currently serve more than 1,400 […]
Home health agency CareSouth, based in Augusta Georgia, this week announced it has acquired Alliance Care to expand its services throughout Florida, and boosting job creation in Georgia. The acquisition includes 500 employees from Alliance Care, essentially doubling the company’s workforce, according to a report from the Augusta Chronicle. The acquisition will lead to new […]