CMS Home Health Initiatives Gaining Traction

Since November, the Centers for Medicare & Medicaid Services (CMS) has rolled out regulation upon regulation affecting home health care, altering the landscape for agencies across the country. CMS first finalized a rule to incentivize hospitals to work with other post-acute providers for knee and hip replacement procedures through bundled payments for 67 hospital locations. […]

Amedisys End-of-Year Earnings Soar, Beating Estimates

One of the nation’s largest home health providers, Amedisys, Inc. (NASDAQ: AMED), hit a high note in revenue at the end of 2015, despite industry headwinds. Amedisys reported net revenue of $337.3 million for the last three months of 2015, a 12.6% jump from $300.5 million during the same time period in 2014. Net income […]

Home Health M&A Valuations Near Peak

There was a dramatic drop off in the number of home health deals completed in 2015 as compared to years past, but even with valuations at all-time highs, strategic buyers will continue to seek out acquisitions that add significant value to their portfolios in the year ahead. “Buyers will be looking for things that really […]

Lifematters Acquires Care Options, Creates Bigger Player in D.C. Market

Private pay home health provider Lifematters has acquired Care Options, a care management, home health care and support services provider, the companies announced Thursday. Financial terms of the transaction were not disclosed. Washington, D.C.-based Lifematters expects the deal to improve and expand aging-in-place service options in Maryland, Washington, D.C. and Northern Virginia, according to a […]

LHC Group Expects $1 Billion from ‘Unprecedented’ Pipeline

Following a 2015 that boasted increases in revenue and growth in admissions, national home health and hospice provider LHC Group Inc. (Nasdaq: LHCG) announced what it’s calling an “unprecedented pipeline” in the year ahead. Lafayette, Louisiana-based LHC Group is actively discussing 20 potential acquisitions in 2016 that could produce approximately $1 billion in revenue, the […]

Almost Family Touts its ‘Transformational’ Year, Growth Aspirations

For Almost Family, Inc. (NASDAQ:AFAM), 2015 was a year for the books. The Louisville, Kentucky-based home health and nursing services giant posted record net service revenues of about $532 million for the fiscal year—which was also the most acquisitive in company history, according to fourth quarter and full-year 2015 earnings released Wednesday. “The last twelve months […]

LHC Group Acquires Heartlite Hospice Assets

National home health and hospice provider LHC Group Inc. (NASDAQ: LHCG) has expanded its reach by acquiring a southern hospice care provider with four locations. Lafayette, Louisiana-based LHC Group already has a strong position in the south and operates in 25 states. It acquired Heartlite Hospice, a subsidiary of Hospice of America Inc., which has […]

Long-Term Care Market Topped $300 Billion in 2015

The long-term care industry is not slowing down, according to a recent report that revealed the market reached $305 billion in 2015, with home care leading the charge as the most affordable option. Demand for all types of long-term care has continued to steadily grow across home care, hospice, nursing and assisted living, health care […]