What An Amedisys-VitalCaring Deal Would Mean For Each Company

On late Friday, Amedisys Inc. (Nasdaq: AMED) announced that it had agreed to divest certain locations to VitalCaring, in a deal that would be a massive one for the home health industry. It could clear the way for UnitedHealth Group (NYSE: UNH) to finalize its takeover of Amedisys, and also turn VitalCaring into one of […]

Amedisys To Divest Certain Home Health Locations To VitalCaring, Clearing Path For UnitedHealth Group Deal

Amedisys Inc. (Nasdaq: AMED) filed paperwork Friday with the U.S. Securities and Exchange Commission saying it has agreed to divest “certain” locations to an affiliate of home health and hospice company VitalCaring. The divestiture was a way for Amedisys to avoid further antitrust concerns from regulators prior to it joining UnitedHealth Group (NYSE: UNH). UnitedHealth […]

Elara Caring Acquires Caregivers Home Health, Grows Midwest Footprint

Elara Caring has acquired Caregivers Home Health in a transaction that allows the company to enter the Iowa market and expand its footprint in Kansas. The deal falls in line with Elara Caring’s strategy of acquiring companies that will facilitate footprint growth in their existing markets, and its expansion goals in the Midwest. “There is […]

Transactions: HCS-Girling’s Deal With Pinnacle Home Care; BrightSpring Health To Acquire Haven

HCS-Girling Backs Pinnacle Home Care HCS-Girling and Pinnacle Home Care announced earlier this month that the two companies have a definitive agreement to enter into a strategic partnership. Financial terms of the deal were not disclosed.  The New York-based HCS-Girling provides home health and home care services, and Pinnacle Home Care is one of the […]

With $350 Million Gentiva Deal, Addus Puts Its Money Where Its Mouth Is

On Monday, Addus HomeCare Corp. (Nasdaq: ADUS) announced what would be the biggest transaction of 2024 thus far. Its $350 million deal for Gentiva’s personal care business could reflect a tide change in the recently slow home-based care M&A market. It’s also reflective of Addus’ impressive ability to deliver on its strategic vision. Though the […]

Enhabit Urges Shareholders To Trust Its Process, Vote Against Activist Investor’s Board Nominations

Enhabit Inc. (NYSE: EHAB) remains on the defensive against the activist investor AREX Capital Management. Last month, it provided more details around its completed strategic review, explaining the rationale behind remaining an independent company, in lieu of a merger or a sale. On Monday, it laid out its reasoning behind past struggles, its plan for […]

[Updated] Addus To Buy Gentiva’s Personal Care Assets For $350 Million

Addus HomeCare Corp. (Nasdaq: ADUS) is set to acquire Gentiva’s personal care assets for about $350 million. Those assets amount to over 16,000 home care patients per day, in Arizona, Arkansas, California, Missouri, North Carolina, Tennessee and Texas. Addus – which just left the state of New York – will fund the acquisition through its […]