LHC Group Revs Its JV Engine; Papa Teams Up with HomeThrive

LHC Group and LifePoint Health cement JV partnership LHC Group Inc. (Nasdaq: LHCG) and LifePoint Health have further cemented their joint venture partnership with the purchases CMH Home Health Care, Casa de la Paz Hospice and St. Joseph Family Hospice. CMH Home Health Care is a home health provider that serves Clinton County, Ohio. Casa […]

Senior Executives Predict Strong Home Health, Behavioral Health Growth in 2020

Top health care executives foresee strong home health growth in 2020, despite the upcoming Patient-Driven Groupings Model (PDGM) and other regulatory headwinds. Behavioral health and hospice are likewise poised for a bullish year.  That’s according to Capital One’s annual health care services executive survey, released Wednesday. More than 123 senior health care executives from across […]

Addus Sets Sights on Hospice Growth, Medicare Advantage Contracts

Addus HomeCare Corporation (Nasdaq: ADUS) is zeroing in on new acquisition targets while continuing to make progress on recently closed deals. Company leadership provided an update on Addus’s M&A plans and other priorities during a third-quarter earnings call on Tuesday. “Looking ahead, we remain confident in the ongoing strength of our acquisition pipeline,” President and […]

Nova Leap Completes Keystone Acquisition; Active Day Expands in Ohio

Nova Leap finalizes Massachusetts deal Nova Leap (TSXV: NLH) — the rapidly growing home-based care company out of Halifax, Nova Scotia — has completed yet another U.S. acquisition. On Monday, the company announced it has finalized its purchase of Keystone Homecare LLC, located in Stow, Massachusetts. The deal was previously announced on Sept. 25. “We […]

PDGM Changing Home Health M&A Landscape

With a number of upcoming regulatory changes sure to shake up the home health industry — including the Patient-Driven Groupings Model (PDGM), the Review Choice Demonstration (RCD) and a phaseout of Requests for Anticipated Payments (RAPs) — a provider’s future isn’t exactly clear. As a result, questions surrounding how and when to best approach mergers-and-acquisitions […]

Encompass Health CEO: CMS Shouldn’t Risk Home Health Industry Destabilization

The Centers for Medicare & Medicaid Services (CMS) shouldn’t risk home health industry destabilization while pushing through its proposed version of the Patient-Driven Groupings Model (PDGM), especially when it comes to the overhaul’s looming 8.01% behavioral adjustment. That’s according to Encompass Health Corporation (NYSE: EHC) President and CEO Mark Tarr, who discussed PDGM and his […]

Fresh Off Latest Home Care Deal, Alpine Investors Hoping to Become ‘Anti-Private Equity Firm’

In the past couple of years, several private equity firms have been making strategic pushes to establish themselves as major players in the in-home care space. That list is headlined by Alpine Investors, which wrapped up its most recent home care investment earlier this month. Founded in 2001, San Francisco-based Alpine Investors is a PE […]

Adult Day Industry Trending Toward For-Profit Status, 2020 Boom

Prior to 2014, there were only a few thousand adult day centers operating throughout the United States. Today, there are likely over 10,000 centers in existence, each one trying to make a lasting mark in an extremely fragmented industry. Founded in 1991, Tennessee-based Centennial Adultcare Center is among that group. The medical-model adult day provider […]

Inside Ensign’s New Home Health Spinoff, The Pennant Group

More than 10 years after the concept for The Pennant Group (Nasdaq: PNTG) came to be, The Ensign Group (Nasdaq: ENSG) spinoff has finally made its way to fruition. The deal was completed on Oct. 1, meaning Ensign’s former home health, hospice and senior living businesses are now part of the new publicly traded company. […]

Nova Leap Completes Latest Acquisition; Marquis Home Care Eyes Expansion

Nova Leap finalizes Oklahoma deal Nova Leap Health Corp (TSXV: NLH) — the Halifax, Nova Scotia-based home health care services company that has grown rapidly over the past few years — has finalized yet another acquisition. Earlier this month, Nova Leap announced it completed its acquisition of the business assets of Around The Clock Home […]