Addus Closes $350 Million Deal For Gentiva’s Personal Care Assets

Addus HomeCare Corp. (Nasdaq: ADUS) has completed its acquisition of Gentiva’s personal care assets. The deal will significantly bolster Addus’ footprint in certain states, and also allow the company to enter other states for the first time. In a press release, Addus noted that the $350 million deal was funded through a combination of cash […]

Transactions: Elevance Health’s Home-Based Care Bet; Eden Health, Mission Health Expand Hospice Footprints

Elevance Health to acquire CareBridge Elevance Health (NYSE: ELV) is emerging as another “payvider.” It announced last month that it has agreed to acquire the home-based care company CareBridge. The deal is reportedly worth $2.7 billion. CareBridge is a value-based solutions platform for home- and community-based services. After its founding in 2019, the company raised […]

VitalCaring Rebuts The DOJ, Makes Case For Itself As Worthy Divestment Partner 

VitalCaring Group – the home health and hospice company led by April Anthony – got caught in the crosshairs of the U.S. Department of Justice (DOJ) this week. The company responded, however, defending its current state and re-emphasizing where it plans to go. VitalCaring agreed to acquire divested assets from Amedisys Inc. (Nasdaq: AMED) in […]

Evaluating The DOJ’s Arguments Against The UnitedHealth Group-Amedisys Deal

The U.S. Department of Justice (DOJ) and four state attorneys general filed a lawsuit to block UnitedHealth Group’s (NYSE: UNH) acquisition of Amedisys (Nasdaq: AMED) this week. The DOJ’s complaint is thorough, with some compelling arguments, and some less so. Home health veterans have been predicting consolidation of the fragmented industry for a long time. […]

DOJ Sues To Block ‘Anticompetitive and Illegal’ UnitedHealth Group-Amedisys Deal

The Department of Justice (DOJ) officially sued Tuesday to block UnitedHealth Group’s (NYSE: UNH) takeover of Amedisys (Nasdaq: AMED), calling the deal “presumptively anticompetitive and illegal.” In its complaint, the DOJ laid out multiple gripes it had with the deal, indicating that it would negatively impact patients, payers and home health workers. “We are challenging […]

After Being Acquired By Altaris, Sharecare Has Big Plans For Its Home Care Arm

Altaris — a New York-based, health care-focused investment firm — recently acquired Sharecare, the owner of the home-based care company CareLinx. Atlanta-based Sharecare is a digital health company that leverages a data-driven virtual health platform to manage patients’ health. It works with employers, health plans and government programs. CareLinx, meanwhile, coordinates personal care services and […]

DOJ Reportedly Prepping Lawsuit To Block UnitedHealth Group-Amedisys Deal

The Department of Justice is reportedly prepping a lawsuit to block UnitedHealth Group’s (NYSE: UNH) takeover of Amedisys (Nasdaq: AMED). Bloomberg first reported the news. Its report, citing anonymous sources, says that the Amedisys and UnitedHealth Group leaders did meet with DOJ officials last week. That meeting did not change the DOJ’s mind, however. UnitedHealth […]

Cigna Takes Humana Merger Off The Table, CenterWell Home Health To Stay Put

The Cigna Group (NYSE: CI) said on Monday that it is officially not pursuing a combination with Humana Inc. (NYSE: HUM). That means that CenterWell Home Health, one of the largest home health entities in the country, will not be changing hands. Together, Cigna and Humana would have become one of the largest health care […]