CommonSpirit Health Turns to Contessa for Hospital-Level Care at Home

Chicago-based nonprofit CommonSpirit Health announced Monday it’s teaming up with hospital-at-home startup Contessa to bring acute-level care and other new services into the homes of its patients. Created in 2019 following the alignment of Catholic Health Initiatives and Dignity Health, CommonSpirit operates across 142 hospitals and more than 700 care sites in 21 states. In […]

Care Advantage Enters Two New States, Jet Health Moves into Hospice

Care Advantage expands into news states with acquisitions Care Advantage Inc. has broadened its footprint in Washington, D.C., and expanded into Maryland and Delaware for the first time following two new acquisitions. The private equity-backed personal care provider acquired Capital City Nurses and its sister company, Coastal Home Care, earlier this month. Financial terms of […]

Breaking Down Ensign’s Home Health and Hospice Spinoff Plans

Mission Viejo, California-based The Ensign Group Inc. (Nasdaq: ENSG) unveiled plans Monday to spin off its home health, hospice and senior living businesses into The Pennant Group, a separate publicly traded company. Expected to close by the end of 2019, the Pennant spinoff will consist of 60 home health and hospice agencies and 51 senior […]

Bain Capital’s Arosa+LivHome Acquires Forever Young Home Care

Arosa+LivHome announced Monday it has acquired Forever Young Home Care, a move that expands its North Carolina footprint and adds further scale to the up-and-coming in-home care provider’s operations. Financial terms of the deal were not disclosed. Backed by Bain Capital Double Impact, Arosa+LiveHome was formed in October 2018 after the combination of two regional […]

LHC Group Leans into JV Strategy, Plans to Acquire SSM Health Assets

LHC Group Inc. (Nasdaq: LHCG) is leaning even further into its joint venture strategy, a major calling card for the Lafayette, Louisiana-based home health, hospice and personal care giant. LHC Group announced Thursday it has entered into an agreement to acquire home health and hospice assets from SSM Health, a multi-state health system based in […]

Ensign’s Cornerstone in Buy-Now Mode, CEO Says

Cornerstone Healthcare — the large in-home care provider organization under The Ensign Group Inc. (NYSE: ENSG) umbrella — is actively seeking opportunities to acquire both well-performing and struggling home health, hospice and home care operations across the United States. That’s according to Cornerstone President and CEO Daniel Walker, who hinted at future M&A moves following […]

In Dynamic Industry, At-Home Care Providers See Scale as a Leg Up

In the dynamic home health, hospice and personal care industries, scale is sometimes a serious leg up, as well as a driving force behind record-setting M&A activity. That’s especially true when it comes to keeping up with potential Medicare Advantage (MA) opportunities, collecting actionable data and experimenting with new business models that solve nationwide problems, […]

Blue Wolf, Peloton Equity Launch ClearSky Health; Perry Memorial Hospital Acquires In-Home Care VNA

Blue Wolf Capital makes another post-acute care move As a response to the growing demand for integrated delivery models in the post-acute care sector, private equity firms Blue Wolf Capital Partners and Peloton Equity have partnered to launch rehabilitative health care provider ClearSky Health. Austin, Texas-based ClearSky Health plans to develop and acquire in-patient rehabilitation […]