As part of its 2026 home health strategy, home health and hospice provider CommonSpirit Health at Home is moving care upstream and plotting a thoughtful AI strategy – while “salivating” over the influx of solutions. Additionally, the provider is adjusting its home infusion strategy to focus on specialty and chronic therapies, a move that Trisha […]
Two years after Enhabit investors called for a sale and the company began a strategic review, the provider has sealed a deal to be sold to private equity firm Kinderhook Industries. At $1.1 billion, the all-cash transaction equates to $13.80 a share with roughly a 10x implied multiple to estimated 2026 earnings, according to a […]
The leadership team of Addus HomeCare Corporation (Nasdaq: ADUS) is tracking a potential long-term win, predicting that the Medicaid 80/20 rule will be repealed. Additionally, Addus is set to continue its trend of achieving state-level rate wins, following a year in which it secured rate hikes estimated to yield a $35 million boost to its […]
Upon the expected close of Kinderhook Industries’ acquisition of Enhabit Inc. (NYSE: EHAB), the home health and hospice provider is set to accelerate its technology capabilities and footprint growth, and likely accelerate its value-based care evolution – while adding pressure on its home health competitors in overlapping markets. As Enhabit leaves behind what CEO Barb […]
On Tuesday, U.S. News & World Report released its first-ever ratings for the best home health agencies in the U.S. After evaluating over 12,000 Medicare-certified home health agencies, U.S. News identified more than 1,300 that exceeded expectations in care quality and patient experience. Over 5,280 agencies met the standards for “as expected” care quality and […]
Private equity firm Kinderhook Industries has agreed to acquire home health and hospice provider Enhabit Inc. (NYSE: EHAB) for approximately $1.1 billion in an all-cash deal. The deal, announced Monday, will take Enhabit private, with its shares set to cease trading upon the transaction’s close. “Over the last four years, Enhabit has strengthened its role […]
Earlier this week, I reported on TheKey’s push to expand from a business largely rooted in personal home care to a larger footprint in private-pay nursing. It’s not every day that a provider of TheKey’s scale makes a concerted effort to diversify its offerings, and it’s not an easy endeavor. Home health and home care […]
Value-based health care provider Cityblock Health has expanded its long-term services and supports (LTSS) offerings across its 10-plus state footprint, making the home “even more central” to the company’s offerings. The expansion, announced Thursday, expands upon the provider’s existing LTSS program in Massachusetts and its coordination services in New York, North Carolina and Indiana. Cityblock’s […]
Home-based care providers – even active acquirers – are demonstrating that operational density has become the top priority when growing their businesses. The trend toward operational density over a broad geographic footprint has grown over the past two to three years, and the Pennant Group and LiveWell Partners have exemplified this trend, coupling the density-first […]
Home-based care provider TheKey primarily offers home care – but the company’s top executive has plans to expand its home health offerings into four additional states in 2026. Currently, Delray, Florida-based TheKey provides private pay nursing services in two states, but CEO Chris Gerard plans to offer the services in a total of six states […]
