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 […]

Home Care Battles NY Governor’s $15 Minimum Wage

An association representing approximately 350 New York home health care agencies has come out against Gov. Andrew Cuomo’s plan to raise the minimum wage to $15 per hour statewide—and they’re taking their fight to the state capital. The New York State Association of Health Care Providers said several of its members cannot afford to pay […]

LHC Group CEO: Why Home Health Needs a ‘Non-Acute’ Identity

When it comes to preventing hospital readmissions and controlling costs after joint replacements and similar procedures, home health agencies and other post-acute providers play a crucial role. But agencies may gain an advantage if they also are involved before a patient even enters the hospital for treatment. “We don’t like to use the word post-acute […]

Kindred Consolidates Home Health, Grows Revenue

Kindred Healthcare Inc. (NYSE: KND) has reported a year marked by consolidation and significant revenue growth following the fourth quarter of 2015, particularly in its home health division—news that caused Kindred’s share prices to jump about 20% on Friday. During 2015, Kindred at Home, the company’s home health and hospice arm, consolidated its home health […]