Eden Health Purchases Legacy Home Healthcare; Trade Associations Merge

Eden Health acquires Legacy Home Healthcare Eden Health has acquired Legacy Home Healthcare, an Arizona-based provider that serves Greenlee, Graham and Cochise counties. Eden Health is the employee-owned home services division of Vancouver, Washington-based EmpRes Healthcare Management LLC. As a part of the transaction, Eden Health will take over Legacy Home Healthcare’s two locations in […]

LHC Group Says It’s Not Cutting Therapy Visits Post-PDGM

Now that the Patient-Driven Groupings Model (PDGM) is the new normal, the home health industry is entering the most pivotal time for consolidation since the shift to the Prospective Payment System (PPS). With that in mind, Lafayette, Louisiana-based LHC Group Inc. (Nasdaq: LHCG) expects to see a major spike in terms of market share gain […]

Amedisys Closes Hospice Acquisition; Right at Home to Move Headquarters

Amedisys finalizes Asana Hospice deal Shortly after acquiring Compassionate Care Hospice in 2018 for $340 million, Baton Rouge, Louisiana-based home health giant Amedisys Inc. (Nasdaq: AMED) hinted at its desire to wade deeper and deeper into the hospice pool. The company has lived up to those plans ever since. On Thursday, Amedisys announced it closed […]

Home Instead Promotes Company Veteran to President; Encompass Health Names Chief HR Officer

Home Instead names company vet president Home Instead Inc. has named its global chief information officer, Jim Hood, as its new president. Home Instead Inc. is the Omaha, Nebraska-based franchise company that runs Home Instead Senior Care, a provider of in-home care services with over 1,000 independently owned and operated offices worldwide. With more than […]

As Advisory Firms Prepare for 2020 Boom, Stoneridge Launches New Consulting Group

In order to help health care organizations navigate post-acute care industry headwinds in 2020, M&A advisory firm Stoneridge Partners has launched the Stoneridge Strategic Consulting Group. The newly launched department will fall under the leadership of industry thought-leader Tom Lillis. The Stoneridge Strategic Consulting Group will provide consultation for health care organizations seeking to combat […]

Home Health M&A Activity Steady in 2019, as Hospice Deals Spike

At 79 deals and counting through November, home health and hospice mergers-and-acquisitions activity for 2019 is poised to exceed the previous year. That’s according to newly released data from Norwalk, Connecticut-based Irving Levin Associates. Founded in 1948, the firm provides market intelligence to health care professionals and senior care providers. Overall, 2018 saw 85 total […]

LHC Group President and COO Steps Down, Moves to Advisor Role

LHC Group (Nasdaq: LHCG) announced that Donald D. Stelly, president and chief operating officer, will step down from the role on Dec. 31. “I sincerely want to thank Keith, the board, and my fellow colleagues for their support and encouragement over the past 14 years at LHC Group,” Stelly said in a statement on Tuesday. […]

Amedisys Acquires Asana in Third Hospice Deal This Year

Home health, hospice and personal care giant Amedisys Inc. (Nasdaq: AMED) has entered a definitive agreement to acquire Asana Hospice. The financial terms of the deal — slated to close Jan. 1, 2020 — were not disclosed. Asana is a hospice care provider with locations in Pennsylvania, Ohio, Missouri, Kansas and Texas. As a part […]