After the ink dries following a transaction in the home-based care space, the question of whether to rebrand newly acquired locations sparks an interesting consideration. While some companies swiftly integrate acquired businesses into their brand and splash their logo, marketing materials and likeness on the newly acquired assets, others opt to maintain the selling company’s […]
Category: M&A
Nova Leap Health Corporation is actively pursuing M&A opportunities. That’s one of the main takeaways of a public letter that the company’s CEO and president, Chris Dobbin, recently penned to shareholders. Nova Leap is a Canada-based home care organization that has been growing in the U.S. The company has operations in Nova Scotia and 11 […]
The Medicare Advantage-focused home health provider Frontpoint Health has acquired High Plains Senior Care Group (HPSC), expanding its footprint considerably on the way. The company has bolstered its census by close to 50%, from 2,900 daily patients to more than 4,200, Frontpoint Health CEO Brent Korte told Home Health Care News. Financial terms of the […]
Since the news surfaced Tuesday that the Department of Justice had opened an antitrust investigation into UnitedHealth Group (NYSE: UNH), additional questions have bubbled up. Namely, those questions surround the home health provider Amedisys Inc. (Nasdaq: AMED), which agreed to be acquired by UnitedHealth Group’s Optum in June of last year. Will that deal be […]
Addus HomeCare Corp. (Nasdaq: ADUS) leaders expressed noteworthy optimism in two areas Tuesday: the pending “80-20” rule and their M&A forecast for the near-term future. Those two items may be related, and they may not be. But Addus CEO Dirk Allison and COO Brian Poff reiterated time and again that the company would be actively […]
The Department of Justice is targeting UnitedHealth Group (NYSE: UNH) in an antitrust investigation, The Wall Street Journal reported Tuesday. Specifically, the Justice Department is interviewing subjects around interactions between UnitedHealth Group and its health care provider services arm, Optum. UnitedHealthcare is one of the largest insurers in the country. Meanwhile, Optum is one of […]
Legacy Care Partners Acquires Superior Home Health and Superior Hospice of Texas Legacy Care Partners – which also owns Advanced Home Care – has acquired Superior Home Health and Superior Hospice of Texas. Terms of the deal were not disclosed. “We extend a warm welcome to Superior Home Health and Superior Hospice into the Legacy […]
The planned combination of SCAN Group and CareOregon is no longer. In a joint statement, the two companies announced their merger will not continue as scheduled, citing questions about the combination that couldn’t be resolved. “Our intent in coming together was to support Oregon’s health care system and the people that CareOregon serves,” the companies […]
Over the next 12-18 months, the mergers and acquisitions that do or do not take place in home-based care will tell a story worth listening to about the future of the space. The context has become monotonous to tell at this point: high interest rates are affecting dealmaking across the country; Medicare Advantage (MA) penetration […]
BrightStar Care is one of the largest home care franchises in the country, but there are also a few things about the company that make it unique. For one, it has a senior living portfolio – made up by BrightStar Senior Living and BrightStar Care Homes – that came out of the recognition that home […]