Visiting Nurse Association to Sell Home Health, Hospice Operations to Amedisys

Amedisys Inc. (Nasdaq: AMED) expected to do plenty of dealmaking heading into 2020 and Year 1 of the Patient-Driven Groupings Model (PDGM). Those plans, however, were largely put on pause for the Baton Rouge, Louisiana-based home health, hospice and personal care services company due to the COVID-19 pandemic. While Amedisys remained active on the M&A […]

InnovAge CEO: ‘We Have a Couple of Irons in the Fire’

Even though InnovAge (Nasdaq: INNV) is already one of the largest Program of All-Inclusive Care for Elderly (PACE) providers in the U.S., the company has plans to go after an even bigger piece of the pie. Maureen Hewitt, president and CEO of InnovAge, talked about the company’s multi-pronged growth strategy on Monday during a conference […]

Home Care Innovator Lifesprk to Acquire Senior Living Operator Tealwood

Lifesprk — the whole-person senior services company based in Minnesota — has added a new page to its innovative playbook. On top of being a fully integrated provider of home health, hospice, primary care and other senior-focused services, Lifesprk is also now a bona fide senior living operator. It holds that distinction after announcing the […]

Simplura Is First Block in ModivCare’s Mission to Build $1B Personal Care Business

Ever since ModivCare Inc. (Nasdaq: MODV) entered the personal care space with a major acquisition last year, it has been working to solidify its place in the larger social determinants of health movement. ModivCare completed its personal care-focused acquisition of Simplura last November. The acquisition was an all-cash transaction that placed an enterprise value of […]

Addus Encouraged by Vaccine Progress, New HCBS Policies

Typically, when executives talk about their companies “having to weather the storm,” they’re speaking figuratively. That wasn’t the case for Addus HomeCare Corporation (Nasdaq: ADUS) on Tuesday. Addus CEO and Chairman Dirk Allison talked about the negative impact that the February winter storms had on the home-based care provider’s business during the company’s Q1 2021 […]

LHC Group Expands Texas Joint Venture; Anthem Completes myNEXUS Acquisition

LHC Group announces JV expansion LHC Group Inc. (Nasdaq: LHCG) as well as partners Texas Health Resources and Methodist Health System are expanding their joint venture in Texas. The three health care organizations announced on Thursday that they’re purchasing and sharing ownership of Regent Home Health, a provider that currently serves patients and families in […]

Why Humana Believes It Can Do Home Health Care Better

Humana Inc. (NYSE: HUM) believes it can deliver home health services better than traditional providers do today. More than any other reason, that’s fundamentally why it’s accelerating its in-home care strategy by acquiring 100% of home health giant Kindred at Home for a “bargain” purchase price of $5.7 billion — the company’s largest acquisition ever. […]

DispatchHealth Makes First Acquisition, Acquires Mobile Imaging Company

DispatchHealth has officially transitioned from “up-and-coming startup” to “active acquirer.” The company announced Tuesday that it has made its first-ever purchase by landing Professional Portable X-Ray (PPX), a mobile imaging provider. Financial terms of the transaction were not disclosed. Denver, Colorado-based DispatchHealth offers hospital-at-home and mobile high-acuity services through its emergency medicine-trained teams. It currently […]