Transactions: LHC Group Expands Home Health Footprint In Georgia; Pennant Bolsters Footprint In Southern California

LHC Group acquires Three Rivers Home Health LHC Group Inc. (Nasdaq: LHCG) has expanded its reach in Georgia by purchasing the Eastman, Georgia-based Three Rivers Home Health. Following the purchase of Three Rivers’ nine locations, LHC Group’s footprint spans 36 Georgia counties. The acquisition is expected to create a $12 million revenue boost for the […]

Increased Labor Costs Hinder LHC Group

For LHC Group Inc. (Nasdaq: LHCG), its plan to combine with UnitedHealth Group’s (NYSE: UNH) Optum is still the big headline. All the while, the company is still navigating through the same home health care landscape that its peers are. Back in March, UnitedHealth Group announced that it would acquire the Lafayette, Louisiana-based company for […]

Despite Home Health Slowdown, Addus Looking At ‘Bigger Transactions’ In Near Term

The Biden administration has shown time and again its commitment to home- and  community-based services. And Addus HomeCare Corporation (Nasdaq: ADUS) is beginning to reap some of the benefits.  The Frisco, Texas-based in-home care services providers has begun to receive more substantial funding from the states it operates in through the American Rescue Plan. “With […]

Transactions: Excelin Health Acquires On My Care; Baylor Scott & White Health, Contessa Partner

Excelin Health expands California footprint Excelin Health — a home health and hospice platform — has acquired On My Care. The Fremont, California-based On My Care is an agency that offers skilled nursing, physical, occupational, and speech therapy, as well as social worker and home aide services. The deal further expands Excelin’s footprint in California, […]

Why Care Collaborations Could Shake Up the Home Health Food Chain

In the animal kingdom, there’s strength in numbers, especially among creatures that find themselves toward the bottom of the food chain. This concept is also true in today’s hyper-competitive health care sector. Increasingly, smaller providers with relatively limited resources and reach are teaming up in the form of “collaboratives,” “alliances,” “networks” or “partnerships.” Nowhere is […]

Despite Focus on Home Health, Humana Remains Flexible in Personal Care, Hospice

Humana Inc. (NYSE: HUM) has been vocal about its plan to develop its health care services capabilities in three phases. The first phase is building the capabilities. The second phase includes enhancements to align its capabilities with value-based principles, and the third is integrating these capabilities in select local markets. With the divestiture of its […]

Aveanna Takes Stock of Medicaid ‘Rate Wins’

For the first time in Tony Strange’s career, he has managed care plans, state Medicaid agencies and even the U.S. Centers for Medicare & Medicaid Services (CMS) reaching out and asking what can be done to increase access to home- and community-based services. Strange – the CEO of Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) and […]