Apple Reportedly Talking Smart Watch, Senior Care with MA Plans

Apple Inc. (Nasdaq: AAPL) is reportedly in talks with multiple private Medicare plans about its smart watch product and the role it can play in preventing negative health outcomes for older adults. Cupertino, California-based Apple released its redesigned and re-engineered Apple Watch toward the end of 2018. Among its features, the smart device boasts a […]

LHC Group Wins Better Rates with Payers as Part of Almost Family Integration

The industry-shaping mega merger between Almost Family and LHC Group (Nasdaq: LHCG) is ahead of schedule and exceeding expectations in a number of key categories, LHC Group executives said Thursday during the 37th Annual J.P. Morgan Healthcare Conference in San Francisco. In addition to ramping up Almost Family admissions, quality scores and margins, Lafayette, Louisiana-based […]

PE-Owned Hospice Giant Compassus Reportedly Considering a Sale

Private equity-backed Compassus could soon be up for sale, according to a Jan. 8 report from PE Hub. PE Hub cited “three people familiar with the matter” for its article, which claims Compassus has tapped an advisor from Jefferies Financial Group to help the company prepare for an upcoming sales process. Jefferies had no comment […]

AccentCare Lands ACO Relationship with Latest Acquisition

AccentCare Inc. announced Thursday it had acquired Steward Home Care and Hospice, kicking off 2019 by continuing a hot M&A pace set over the past couple years. The Steward acquisition — effective Dec. 31, 2018 — catapults Dallas-based AccentCare into the new states of Massachusetts and New Hampshire, expanding the company’s reach to 16 states […]

Bain’s Home Care Group Makes First Acquisition, Eyes Further Growth

Bain Capital Double Impact’s newly formed home care group is expanding less than three months after its creation. And Arosa+LivHome’s growth won’t stop there. Grayslake, IL-based Partners in Senior Care is the provider’s newest addition. Financial terms are not being disclosed. Nor is information about whether the company will rebrand or change its name.   […]

Nonprofit Health System Beaumont Forges New Home Health JV

One of Michigan’s largest health systems and a national provider of post-acute solutions have teamed up in a new home health and hospice joint venture designed to expand patient access to care. The new JV is between the Southfield, Michigan-based Beaumont Health and Alternate Solutions Health Network, a Kettering, Ohio-based organization that specializes in rolling […]

Home- and Community-Based I/DD Provider Civitas to be Acquired in $1.4B Deal

Civitas Solutions Inc. (NYSE: CIVI) — a large provider of home- and community-based services to individuals with intellectual and developmental disabilities (I/DD), as well as a range of other needs — has entered into a definitive merger agreement to be acquired by funds advised by Centerbridge Partners L.P. Under terms of the agreement, announced Tuesday, […]

Home Care Giant BrightSpring to Merge with Major LTC Pharmacy PharMerica

Home- and community-based care giant BrightSpring Health Services — formerly known as ResCare — plans to merge with pharmacy company PharMerica. The two companies will be under the private equity ownership of KKR, with an affiliate of Walgreens Boots Alliance (Nasdaq: WBA) holding a minority stake, according to an announcement issued Tuesday. Full financial terms […]

LHC Group, LifePoint Acquire Two Home Health Agencies; Executive Care Expands

LHC Group, LifePoint Health Expand Partnership Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG) is building one of its key joint ventures. On Monday, LHC Group and health network LifePoint Health announced that the companies have finalized two transactions to purchase and share ownership of a pair of home health organizations. They include Hickory, North Carolina-based Guardian […]