Home Care Companies to Watch in the Final Months of 2021

Non-medical home care was on the rise prior to 2020, as Medicare Advantage plans and health systems began investing more heavily around social determinants of health and activities of daily living. The COVID-19 pandemic, however, has arguably made home care the hottest corner of the senior care world. There are dozens of home care companies […]

Transactions: ModivCare to Buy VRI for $315M; Nova Leap Completes Home Care Deal

ModivCare expands into remote patient monitoring ModivCare Inc. (Nasdaq: MODV), a diversified health care services company with a large personal care business, has signed an agreement to acquire VRI Intermediate Holdings LLC, a provider of remote patient monitoring solutions. Under terms of the agreement, the Denver-based ModivCare will acquire 100% of VRI for a purchase […]

Alliance, Royal Care Slash Caregiver Turnover by Investing in Creative Benefits

Home care hasn’t always had a reputation for great employee perks or benefits packages, but a handful of providers are beginning to change that. In other sectors, including the technology and startup worlds, perks like free daily meals, access to wellness programs and 401(k) matching, with stock options, are relatively common. Some home care operators […]

Home Health CEO Barb Jacobsmeyer Hits the Ground Running, as Encompass Confirms Separation Plans

Barb Jacobsmeyer is the new head of Encompass Health’s (NYSE: EHC) home health and hospice segment, taking over following the departure of former CEO and founder April Anthony. Previously the head of the Birmingham, Alabama-based company’s in-patient hospitals segment, Jacobsmeyer takes the helm at a point when Encompass Health is nearing a conclusion on its […]

Transactions: Regence BlueShield Teams Up with DispatchHealth; Amedisys Enters New Market

Health insurer Regence BlueShield has partnered with DispatchHealth to give its members access to hospital-at-home and mobile high-acuity services. “Hospitalizations in the home is a groundbreaking and exciting shift in care delivery,” Dr. Drew Oliveira, senior executive medical director at Regence, said in a press release. “Our partnership with DispatchHealth enables Regence members to receive […]

Home Health Industry Must Prepare for Costs of Consolidation

At Home Health Care News, it seems like we’ve been writing about “the rapidly consolidating home health market” for years. Just check out this story from 2015, for example. There are also these more recent pieces from 2018 and 2019, respectively. In many ways, consolidation — either through agency closures or through M&A activity — […]

Transactions: Amedisys Acquires VNA’s Home Health Assets; AccordCare Expands Medicaid Business

Amedisys Inc. (Nasdaq: AMED) has completed its purchase of Visiting Nurse Association’s (VNA) assets. Baton Rouge, Louisiana-based Amedisys has a number of in-home care capabilities, including home health, hospice and personal care services. Amedisys also recently acquired Contessa Health for $250 million. The deal gives the company a range of acute-level care services. Meanwhile, VNA […]

Transactions: HCA Healthcare Completes $400M Deal with Brookdale; LHC Group Announces New Acquisitions

HCA Healthcare Inc. (NYSE:HCA) has completed its purchase of a majority stake in the home health and hospice business of Brookdale Senior Living Inc. (NYSE: BKD). Originally announced in February, the deal instantly turns HCA into one of the largest home health and hospice players in the country. “We view partnerships as foundational to our […]