Brookdale Planning to ‘Reorganize’ Home Health Operations

Despite an overall solid fourth-quarter performance that sent the company’s stock soaring on Wednesday, Brookdale Senior Living Inc. (NYSE: BKD) is still watching its home health segment lag behind. Brentwood, Tennessee-based Brookdale is one of the country’s largest owners and operators of private-pay senior living communities. The company operates 763 owned, leased and managed senior […]

VNA Health Group Receives $2.5 Million; AlayaCare Acquires Arrow Solutions

VNA Health Group awarded $2.5 Million grant The Visiting Nurse Association Health Group has received a $2.5 million grant from the Parker Foundation Inc. — for the second consecutive year. VNA Health Group is one of the largest independent, nonprofit providers of home-based health services in New Jersey and Ohio. The Holmdel, New Jersey-based organization […]

PDGM Prompts Q4 Downturn in Home Health M&A Activity

The Patient-Driven Groupings Model (PDGM) likely contributed to a downturn in home health mergers-and-acquisitions activity during the fourth quarter of 2019, according to new data from M&A advisory firm Mertz Taggart. PDGM took effect on Jan. 1. Dealmaking for non-medical home care assets largely remained steady. All in all, 2019 saw at least 42 home […]

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 […]