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Care Advantage Inc. acquires National Home Healthcare in Northern Virginia
The Richmond, Virginia-based Care Advantage has acquired National Home Healthcare, which is based in Herndon, Virginia.
National Home Healthcare marks the 16th acquisition Care Advantage has made since 2018. It’s the fourth skilled care company under the company’s umbrella, joining All About Care, Paradise Home Care and Virginia Home Health and Hospice.
“We have been looking to grow our skilled care presence in the Northern Virginia area for quite some time but wanted to find the right fit,” Tim Hanold, CEO of Care Advantage, said in a press release. “National Home Healthcare carries very similar company values, and our company missions align nicely, which makes this a great addition to our team. To acquire a premium-level provider with a stellar community reputation really is a feather in our cap. The potential to grow in this market and serve even more patients is definitely here.”
Care Advantage is predominantly a personal home care provider, but also has ventured into traditional home health care in the last few years. It has 24 total branch locations in the Mid-Atlantic region.
Sedi Talebian, the founder of National Home Healthcare, echoed those sentiments and said the move will allow him to take time away to enjoy his family.
“I know National is going in the right direction and I can’t wait to see National Home Healthcare grow with Care Advantage’s support,” Talebian said. “I know Care Advantage will be there for my people and my patients and continue the legacy of delivering excellence in home care.”
SCAN Group invests in NEMT broker SafeRide Health
The nonprofit SCAN Group recently announced it has made an investment in SafeRide Health, a technology-first non-emergency medical transportation (NEMT) broker.
“SCAN is proud to support SafeRide’s growth as it seeks to fulfill older adults’ need for safe, reliable transportation to and from medical appointments,” Sachin Jain, president and CEO of SCAN Group and SCAN Health Plan, said in a press release. “SafeRide’s commitment to eliminating transportation barriers aligns with SCAN’s mission to keep seniors healthy and independent.”
The SCAN Group is a nonprofit organization focused on helping senior citizens stay healthy and independent. Founded in 1977, Long Beach, California-based SCAN Health Plan is one of the nation’s largest not-for-profit Medicare Advantage plans, serving more than 270,000 members.
SafeRide Health builds customized transportation programs around the needs of older adults and connects patients to a network of hundreds of NEMT providers, including Uber (NYSE: UBER) and Lyft (Nasdaq: LYFT).
Earlier this year, the SCAN Group acquired The Residentialist Group (TRG), an organization that provides chronic disease management, palliative care and home-based care to seniors.
SafeRide marks the fifth investment SCAN Group has made as part of its diversification strategy.
“We are delighted to partner with Medicare Advantage thought leaders like SCAN to advance our technology roadmap and operating model,” Robbins Schrader, co-founder and CEO of SafeRide Health, said in a statement. “SCAN’s investment validates SafeRide’s unique approach of partnering with plans to drive a whole-patient strategy and transform the member experience.”
Pediatric Home Service expands with two acquisitions
Through two acquisitions of pediatric-focused health care providers, Pediatric Home Service (PHS) is expanding its reach in three states.
The Roseville, Minnesota-based at-home care provider announced it has acquired Craig HomeCare and Cherub Medical Supply. The company partners with health care professionals and family caregivers to deliver care in the homes of complex pediatric patients.
On its end, Craig HomeCare is a provider of pediatric nursing services in the region. Meanwhile, Cherub Medical Supply is a pediatric-focused respiratory and durable medical equipment provider.
“Bringing these organizations together creates a unique opportunity to provide patients and their families a coordinated service offering focused on a quality patient experience,” Adam Nielsen, CEO of PHS, said in a press release. “We believe every child with medical complexities deserves the best care, and this expansion is a testament to our team’s commitment to bringing more care to more children.”
InHome Therapy acquires North Texas Home Therapy Professionals
InHome Therapy made two acquisitions in July, bolstering its therapy portfolio as it continues to grow through M&A.
The company acquired Remedy Therapy Staffing — an Austin, Texas-based home health company — and in-home therapy group North Texas Home Therapy Professionals.
The acquisitions will expand InHome Therapy’s footprint to new markets, while strengthening its network of therapists providing in-home care.
“I think this particular company’s culture is a great fit with InHome Therapy. In terms of heroicizing the therapist, providing training and focusing on patient outcomes, our priorities align,” Rick Anglin, InHome Therapy’s corporate development officer, said in a press release. “Remedy is extremely well run and has a strong management team.”
The NewSpring Capital-backed InHome Therapy is a King of Prussia, Pennsylvania-based provider of physical, occupational and speech therapy. The company functions as a full outsourcing partner for home health agencies.
Both Remedy owners — Kristen Fowler and Keri Jackson — will stay on board.
“We focus on home health, and we both like doing geriatrics, so that has been a priority,” Fowler said. “We like the flexibility and the ability to provide more personalized care in the home. We both have a lot of hospital experience, and we realized just how important home health is as well.”
North Texas Home Therapy Professionals serves a region stretching from the greater Dallas-Fort Worth area to Wichita Falls, Texas. It has more than 50 therapists in its network.
“InHome Therapy’s company culture and belief system align perfectly with ours,” Bob Wincowski, co-founder and majority owner of North Texas Home Therapy Professionals, said in a statement. “We share the same values when it comes to investing in our therapists so they can provide top-level care. It’s one of the reasons we have had a retention rate of 100% since we’ve been in business.”
Parentis Health acquires Quality Life Homes
Laguna Hills, California-based Parentis Health announced in late July that it is acquiring Quality Life Homes and its five residential homes in Laguna Niguel, California.
The early plans are for the residential communities to house up to six residents in each unit and have three residents per caregiver.
The homes will offer 24-hour care in a homelike setting. Parentis Health also arranges for regular visits from RNs and LVNs.
“Our plan is to increase the number of beds that will be available to provide very excellent care to our residents,” CEO Tarek A. El Nabli told Senior Housing News. “We plan on growing more in the residential care arena.”
With the deal, the company will have 16 care homes in California under the Verona Court banner. It also provides home-based care, transportation and hospice services in its coverage areas.
Parentis Health is based in four California markets: Mission Viejo, Laguna Hills, Laguna Niguel and Laguna Beach. El Nabli said the company could expand into other parts of Orange County in the future.
St. David’s HealthCare expands to include home health and hospice services
The Austin, Texas-based St. David’s HealthCare is expanding its services to include home health and hospice services.
The health care company will now include St. David’s HealthCare at Home and St. David’s Hospice and Family Care. Overall, its network includes more than 180 sites of care, from hospitals and emergency departments to urgent care clinics and physician offices.
“St. David’s HealthCare is dedicated to ensuring Central Texans have the care and support they need during every stage of life,” David Huffstutler, president and CEO of St. David’s HealthCare, said in a press release. “As the region’s leading healthcare provider, we have built a system around convenience and access in order to meet the needs of our patients, and home health and hospice are critical parts of this.”
The expansion comes a year after HCA Healthcare (NYSE: HCA), which is St. David HealthCare’s national partner, purchased a majority stake in Brookdale Health Care Services (NYSE: BKD).