Doctors Making Housecalls CEO: COVID-19 Has Placed an ‘Exclamation Mark’ on House Call Services

Private equity-backed Eventus WholeHealth recently acquired Doctors Making Housecalls (DMHC), a home-based primary care provider. The deal further highlights the growing interest in home-based primary care seen throughout 2020. Charlotte, North Carolina-based Eventus is a physician-led medical provider for residents and patients of skilled nursing and assisted living facilities. Aside from North Carolina, the company […]

[Updated] AccentCare, Seasons Hospice to Merge

AccentCare Inc. and Seasons Hospice & Palliative Care are merging. Dallas-based AccentCare — owned by global private equity firm Advent International — is among the five largest home health providers in the country, according to industry data. The Rosemont, Illinois-based Seasons holds the same distinction in the U.S. hospice market. “AccentCare is doing very, very […]

‘The Clock Is Ticking’: What Addus’ $192M Hospice Deal Means for Home Health M&A

On last week’s Q3 earnings call, Addus HomeCare Corporation (Nasdaq: ADUS) effectively declared that its “short pause” on M&A activity was officially over. On Wednesday, the company put its money where its mouth is. The Frisco, Texas-based provider announced it has signed an agreement to acquire Queen City Hospice and its affiliate, Miracle City Hospice, […]

Addus HomeCare Corporation to Acquire Ohio Hospice Provider for $192M

Addus HomeCare Corporation (Nasdaq: ADUS) announced Wednesday it has reached a definitive agreement to acquire an Ohio hospice provider for $192 million. Specifically, the deal is for Queen City Hospice and its affiliate, Miracle City Hospice. The $192 million represents $162.8 million of value, net of the present value of $29.2 million in estimated tax […]

Pennant ‘Encouraged’ by Vaccine News, But Not Assuming Near-Term Changes to Home Health Operating Environment

Home health providers across the board are slowly starting to bounce back from COVID-19-related disruption. One thing that now provides further hope is a potential vaccine, especially as the U.S. continues to break daily records around new infections. The Pennant Group Inc. (Nasdaq: PNTG) is among the providers rallying around this week’s positive vaccine news, […]

LHC Group to Acquire End-of-Life Care Provider in the Arizona Market

LHC Group Inc. (Nasdaq: LHCG) announced Monday it has agreed to purchase Arizona-based East Valley Hospice and East Valley Palliative Care. The deal is expected to close on Jan. 1. Mesa, Arizona-based East Valley Hospice and East Valley Palliative care provide at-home care for end-of-life patients as well as ones living with complex conditions. Together, […]

Why Complex Care Management Is Charter Healthcare’s ‘Crown Jewel’

In the midst of the in-home care M&A resurgence, Charter Healthcare Group has made a few moves of its own. Its recent acquisitions of Heartwood Home Health & Hospice and Vitality Home Healthcare reflect its two-pronged acquisition growth strategy. Founded in 2006, Charter is a rapidly growing PE-backed post-acute care platform company. Lately, when it […]

Bayada, Baptist Health Announce New Joint Venture

Bayada Home Health Care — one of the largest nonprofit providers of in-home care and post-acute care services in the country — is expanding its already massive footprint. It’s doing so at a time when the need for home-based care is at an all-time high. On Thursday, the Moorestown, New Jersey-based company announced it is […]

‘These Funds Can Best Be Used Elsewhere’: LHC Group Returns $93.3M in Federal Relief

Rising demand for health care services delivered in the home and an increasingly favorable regulatory environment have set the stage for the nation’s top-tier home health operators. That idea has LHC Group Inc.’s (Nasdaq: LHCG) leadership team bullish about the company’s near- and long-term outlook. LHC Group’s optimism is additionally supported by shifting referral patterns […]