Corridor and VNAA Announce Partnership The Visiting Nurse Associations of America (VNAA), a nonprofit association for home health and hospice providers, and The Corridor Group Holdings LLC have partnered to bring more thought leadership to key industry issues, according to a recent press release. The partnership will include Corridor becoming a participant in various conferences, councils […]
One of the nation’s largest home health care providers has moved on from a sometimes tough 2016 and is taking steps to expand through an acquisition of a major hospital company’s home health and hospice facilities. Baton Rouge, Louisiana-based Amedisys (Nasdaq: AMED) signed a definitive agreement to acquire six home health and hospice care centers from Tenet […]
Comfort Keepers Partners with Lyft Home care franchise company Comfort Keepers has partnered with on-demand transportation service company Lyft. The partnership does not require seniors who use Lyft services through Dayton, Ohio-based Comfort Keepers to have the Lyft app or a smartphone. To schedule a ride, seniors can contact the staff at their Comfort Keepers […]
Fresh off a strong ending to 2016, a major post-acute care provider is looking at 2017 with acquisitive eyes—to the tune of up to a $100-million home heath and hospice pipeline. HealthSouth Corporation (NYSE: HLS), one of the nation’s largest post-acute care providers, is continuing to ramp up its home health and hospice division two years […]
Is it spring yet? That’s what we asked ourselves in our Chicago office after learning our beloved Second City only had five days of sunshine this month. While we’ve since made a point to boost our Vitamin D, we were sure to keep our readers in the know about the latest home health news. We covered […]
Out of all health care sectors, home health posted the highest trading multiples for mergers and acquisitions in 2016, according to data in a newly released PricewaterhouseCoopers (PwC) report. Out of the seven health care sectors considered, home health/hospice had the highest mean enterprise value to EBITDA multiple last year, at 15.2, the data show. […]
Jordan Health Services Acquires Transition Management Company Home health and hospice provider Jordan Health Services has acquired Dallas-based CareCycle Solutions to provide personal care, case management, skilled nursing, pediatric and hospice services throughout Texas, Oklahoma, Arkansas, and Louisiana, Freestone County Times reports. CareCycle’s mission is to reduce preventable hospitalizations by managing their transition through various […]
Following the announcement of a scaled-back pipeline in summer 2016, the third largest home health and hospice provider in the country, LHC Group Inc. (Nasdaq: LHCG), now has again put its acquisition pipeline at the $1 billion mark originally revealed in March 2016. “We’ll be over $1 billion in our 2017 pipeline,” LHC Group Chairman and […]
One of the nation’s largest hospital operators is ditching its home health and hospice businesses entirely, citing the unnecessary risks the businesses pose to the company. Dallas-based Tenet Healthcare (NYSE: THC) has entered into letters of intent to sell its home health and hospice businesses, which are “sub-scale and not essential” for the company to […]
Epic Health Services, the nation’s largest pediatric-focused home care company, is merging with PSA Healthcare to achieve even greater scale. The new entity will be an affiliate of Bain Capital Private Equity, which acquired Epic in late 2016. Epic, based in Dallas, also provides adult home care. Its footprint prior to the PSA merger spanned […]
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