Brightree Owner ResMed to Acquire MatrixCare for $750 Million

Health care technology company ResMed (NYSE: RMD, ASX: RMD) has signed a definitive agreement to acquire MatrixCare for $750 million. The purchase price represents a valuation multiple of 25 times the expected calendar year 2018 pro forma EBITDA of $30 million for MatrixCare. The move allows ResMed to expand across the continuum of care, strategically […]

PreparedHealth Platform Grows as Providers Seek to Reduce Readmissions

Collaborating across the continuum of care is becoming increasingly important, a point crystallized by one health care technology company’s rapid growth—and success in bringing together some of the nation’s largest home health and private duty providers, as well as rehabilitation companies and health systems. That company, PreparedHealth, has recently landed new business, validating its mission […]

Movers & Shakers: Well Care Home Health, PreparedHealth

Well Care Home Health Appoints Kipple to New Senior Leadership Role Wilmington, North Carolina-based Well Care Home Health has appointed Robin Kipple, RN, BSN as its new senior director of population health and clinical integration. Well Care Home Health provides home care and nursing and rehabilitation services to residents throughout the state. In her new […]

Business Briefs: Encompass Home Health, CareFinders

CareFinders Acquires Sovereign Home Health of Connecticut CareFinders, a Hasbrouck Heights, New Jersey-based home care provider, has acquired Sovereign Home Health of Connecticut, LLC. Norwalk, Connecticut-based Sovereign provides care to approximately 125 clients in Connecticut, giving CareFinders the opportunity to grow an initial presence outside of New Jersey, according to a press release from the […]

Monday Briefing: Bayada’s Bet on a Tech Company

Happy Monday, dearest Home Health Care News readers. We hope you made the most of your weekend. To kick off your week, check in with our Monday Briefing to catch up on the latest news in home health care and around the web—like this Pew study that found a whopping one-third of seniors don’t even […]

Business Briefs: BlackTree Healthcare Enters Partnership with Online Educator

BlackTree Healthcare Partners with Relias Learning A strategic partnership has been formed between BlackTree Healthcare Consulting and Relias Learning, which provides online training solutions for the health care market. The partnership will combine BlackTree’s knowledge in operational and clinical consulting solutions with Relias’ education platform to train and educate those in the post-acute health care industry, […]

Home Health Apps Take Cues from Facebook to Cut Readmissions

When it comes to engaging caregivers and family members in a patient’s home health care, emulating popular social media platforms may be the way to go. Two innovative mobile solutions for at-home caregivers have taken cues from social media and achieved demonstrable success in reducing hospital readmissions. A Facebook Feed for Home Health? Glenview, Illinois-based […]