Encompass Health’s April Anthony: Knee-Jerk Therapy Reactions May Prove Costly

Birmingham, Alabama-based Encompass Health Corporation (NYSE: EHC) — already one of the largest home health providers in the country — is likely on its way to even more growth this year, thanks partly to the expected M&A opportunities linked to the Patient-Driven Groupings Model (PDGM). Internally, coding changes and investments in predictive analytics have helped […]

Home-Based Care CEOs Dig into the Pros and Cons of M&A

The health services arena recorded more than 1,200 deals in 2019 for the second year in a row, according to the latest figures from international accounting firm PricewaterhouseCoopers. As has become the norm, long-term care was the largest sub-sector by volume throughout 2019 — with particularly strong M&A action in the home health and home […]

LHC Group Says It’s Not Cutting Therapy Visits Post-PDGM

Now that the Patient-Driven Groupings Model (PDGM) is the new normal, the home health industry is entering the most pivotal time for consolidation since the shift to the Prospective Payment System (PPS). With that in mind, Lafayette, Louisiana-based LHC Group Inc. (Nasdaq: LHCG) expects to see a major spike in terms of market share gain […]

Arosa+LivHome Leans into Care Management with Lifecare Innovations Acquisition

Arosa+LivHome continues to ride its fast-paced M&A wave into 2020. The company announced Tuesday that it has acquired Lifecare Innovations, a Burr Ridge, Illinois-based professional care management services provider. Financial terms of the deal were not disclosed. Backed by Bain Capital Double Impact, Arosa+LivHome was formed in October 2018 after the combination of two regional […]

LHC Group Adds $23.8M in Revenue; BelHealth-Backed Care Advantage Lands Amaisa Home Care

LHC Group completes JV purchase, expansion agreements LHC Group Inc. (Nasdaq: LHCG) has hit the ground running in 2020. The Lafayette, Louisiana-based home health, hospice and personal care powerhouse announced Monday it has finalized joint venture purchase and expansion agreements in Texas, Arkansas and Louisiana. The transactions — all effective as of Jan. 1 — […]

AlayaCare Acquires Procura; The Pennant Group Lands New Home Health Agency

AlayaCare announced Friday it has acquired Procura, a division of Complia Health and one of AlayaCare’s largest global competitors. Separately, The Pennant Group (Nasdaq: PNTG) also announced an acquisition of its own.  For AlayaCare, the newly announced deal continues the Montreal-based company’s aggressive growth strategy and lays the groundwork for 2020, founder and CEO Adrian […]

Amedisys Closes Hospice Acquisition; Right at Home to Move Headquarters

Amedisys finalizes Asana Hospice deal Shortly after acquiring Compassionate Care Hospice in 2018 for $340 million, Baton Rouge, Louisiana-based home health giant Amedisys Inc. (Nasdaq: AMED) hinted at its desire to wade deeper and deeper into the hospice pool. The company has lived up to those plans ever since. On Thursday, Amedisys announced it closed […]

Care Advantage Ends 2019 with Team Nurse Acquisition

Care Advantage announced at the end of December that it acquired Team Nurse Inc. The acquisition may be new, but the relationship between the two companies is actually quite old.  South Boston, Virginia-based Team Nurse, which operates across 17 locations in Virginia, was founded in 2000 after owner Steve Mize originally purchased two locations from […]