The U.S. Department of Justice (DOJ) has reportedly rejected Amedisys’ (Nasdaq: AMED) and UnitedHealth Group’s (NYSE: UNH) attempt to divest assets, a move meant to quell antitrust concerns related to their planned merger. On Monday, reports emerged that Amedisys’ and UnitedHealth’s plan to divest home health and hospice centers to the Pennant Group (Nasdaq: PNTG) […]
Category: M&A
For those who have been following the U.S. Department of Justice’s (DOJ) legal battle against UnitedHealth Group (NYSE: UNH) and Amedisys Inc. (NASDAQ: AMED), the latest chapter was revealed last month. The DOJ and the two organizations will go to mediation in August. And even more news has since broken, with the announcement last week […]
The Pennant Group (Nasdaq: PNTG) is not stopping its plans for growth following the announcement that the company agreed to acquire home health centers from Amedisys (Nasdaq: AMED) and UnitedHealth Group (UHG) (NYSE: UNH). The company reported a robust acquisition pipeline in both its home health and hospice and senior living segments during its first […]
Once the ink on a deal is dry, home-based providers face the arduous assignment of integrating two disparate companies. Companies well-versed in managing post-acquisition transition periods have seen success by embracing visibility and establishing trust. Strategically integrating acquisitions can also unlock added value, including fresh strategies and increased employee engagement. At Choice Health at Home, […]
Addus HomeCare (Nasdaq: ADUS) reported a strong start to 2025 – driven largely by its personal care segment. The company’s personal care segment accounts for 76.5% of the business and has grown through several acquisitions over the past few years. In Q1, Addus’ personal care business saw a 7.4% organic revenue increase year-over-year, which CEO […]
BrightSpring Health Services’ (Nasdaq: BTSG) leadership team spent Friday morning fielding questions about the news that Amedisys (Nasdaq: AMED) reached an agreement to divest its home health and hospice care centers to the company. Though BrightSpring leaders declined to go into detail about deal specifics, due to a confidentiality agreement, President and CEO Jon Rousseau […]
Amedisys (Nasdaq: AMED) announced on Thursday that the company has reached agreements to divest home health and hospice care centers to affiliates of the Pennant Group (Nasdaq: PNTG) and BrightSpring Health Services (Nasdaq: BTSG). The news comes four months after Amedisys and UnitedHealth Group (NYSE: UNH) halted plans to divest more than 100 home health […]
The day before our Capital+Strategy conference began in Orlando during the first week of April, Mertz Taggart released the firm’s latest M&A data. The timing was perfect, as Capital+Strategy primarily focuses on trends in dealmaking. The Mertz Taggart data indicated a surge in home-based care M&A activity at the start of the year, and the […]
Several home-based care organizations have recently broadened their service territories and updated operations. Always Best Care opens franchise location in Utah Always Best Care Senior Services announced the opening of its West Jordan, Utah franchise, led by Jeremy and Julianna Thorne. The location will offer senior care services, including non-medical in-home care and senior living […]
Investors continued to show confidence in the home-based care industry during the first quarter of 2025, with the sector securing more deals than any other health care category, even as broader market hesitation slowed overall investment activity. The home-based care industry saw 18 completed transactions in Q1, according to a new PitchBook analysis. Private equity […]