Nova Leap finalizes Massachusetts deal
Nova Leap (TSXV: NLH) — the rapidly growing home-based care company out of Halifax, Nova Scotia — has completed yet another U.S. acquisition.
On Monday, the company announced it has finalized its purchase of Keystone Homecare LLC, located in Stow, Massachusetts. The deal was previously announced on Sept. 25.
“We are excited to welcome the Keystone team to our organization,” Chris Dobbin, president and CEO of Nova Leap, said in a statement. “This investment allows us to further expand our service to the wonderful people of Massachusetts.”
In addition to Massachusetts and Canada, Nova Leap currently has operations in Vermont, New Hampshire, Rhode Island and Oklahoma, its newest market. Nova Leap carved out an Oklahoma footprint in October after finalizing its deal for Around The Clock Home Care LLC.
Overall, Nova Leap completed at least eight previous acquisitions from the start of 2017 through June of 2019, making it one of the more aggressive individual home care buyers around.
“Our long-term goal is to become the largest independent private-duty operator in North America with a dementia focus,” Dobbin previously told Home Health Care News. “That’s our goal.”
Financial terms of the Keystone deal were not disclosed.
Active Day acquires PCS
Active Day — one of the largest adult day health centers in the country — is expanding across Ohio.
At the end of October, the Trevose, Pennsylvania-based adult day company announced the acquisition of Person Centered Services (PCS), which has 15 locations across Ohio. Following the deal’s completion, PCS will join nine other Active Day centers in the state, bringing the company’s Ohio total to 24 sites.
“We are thrilled to make this continued investment in Ohio,” Bob Creamer, CEO of Active Day, said in a statement. “We look forward to sharing best practices so we can better serve individuals living with disabilities across the state.”
With the acquisition of PCS, Active Day also assumes operations of the PCS transportation fleet, which provides daily transportation services to clients, as well as to other providers, in Ohio.
PCS will retain its name. Financial terms were not disclosed.
Founded 30 years ago, Active Day has more than 100 centers in 13 states, also providing in-home personal care services in Kentucky and Massachusetts. The company serves roughly 9,000 clients and as more than 2,000 employees.
Tamp General launches at-home care program
Tampa General Hospital has launched an in-home urgent care program.
The new service — branded as Urgent Care at Home, powered by Fast Track — will begin in Florida’s South Tampa and Riverview markets, with plans to further expand into Hillsborough County.
Specifically, Urgent Care at Home offers services similar to the traditional urgent care setting, including treatments for cough, sore throat and sprains, among other conditions. The program will also provide medical testing and diagnostics services.
“We’re bringing house calls back to medicine because we believe in high-quality patient-centered, convenient care,” Dr. Paul Nanda, chief medical officer for Tampa General Hospital’s urgent care program, said in a statement. “As medical providers, we want to provide a concierge service for our patients, convenient care when they need it most in the comfort of their own home.”
Tampa General Hospital, a 1,007-bed nonprofit academic medical center.