Pennant Group Acquires Texas Home Health Agency; Nova Leap Expands Footprint

The Pennant Group Inc. (Nasdaq: PNTG) announced Wednesday that it has acquired CMS Home Health Care, a Texas agency with locations in Brownwood and Coleman. “With sister operations in Abilene, Austin and Dallas, this off-market acquisition is an excellent strategic fit for our burgeoning Texas portfolio of home health and hospice operations,” Pennant Group CEO […]

Jet Health Purchases Carrington Hospice Care; VNAs Reach Merger Agreement

Jet Health acquires Carrington Hospice Care Home health provider Jet Health Inc. announced it has acquired Carrington Hospice Care Inc. Irvine, California-based Jet Health provides physical, speech and occupational therapy services, plus skilled nursing, hospice and personal care. Medical social services are also part of Jet Health’s business mix. The company operates in Texas, New […]

Family Resource Home Care Finds New Investment Partner in Great Point

Family Resource Home Care — one of the largest independent home care companies in the Pacific Northwest — is positioning itself for further growth. On Monday, the Liberty Lake, Washington-based Family Resource Home Care announced a new investment partnership with Great Point Partners, a health care-focused private equity group headquartered in Greenwich, Connecticut. Terms of […]

[Updated] AccentCare to Form New Post-Acute Care Business with Fairview Health Services

Home health giant AccentCare Inc. is forming a new post-acute care business, building upon its long-time partnership strategy with large health systems. The Dallas-based AccentCare revealed Tuesday it has been in talks with Fairview Health Services to take over the health system’s home health and hospice business in Minnesota. Under the newly announced deal, AccentCare […]

PE Firm Actinium Acquires Central Home Health Services of Texas, Outlines Merger Plans

Actinium Healthcare Holdings — a Dallas, Texas-based private equity firm — has acquired Central Home Health Services of Texas Inc. The PE firm announced the acquisition last week, touting it as a stepping stone toward building a broader health care platform company. The financial terms were not disclosed. Houston, Texas-based Central Home Health Services of […]

LHC Group, University Health Care System Announce New JV Agreement

LHC Group Inc. (Nasdaq: LHCG) has added another joint venture partner into its fold.  The Lafayette, Louisiana-based home health, hospice and personal care services provider announced Thursday it has signed a definitive agreement to form a new JV with University Health Care System, one of the largest, most comprehensive health care organizations in Georgia. University […]

[Updated] Online Caregiver Platform Carely Acquires

Carely Inc. — an online referral platform for both caregivers and professional care providers — has announced it has an agreement in place to acquire, an online community for family caregivers. The acquisition will help Dayton, Ohio-based Carely with its ultimate goal of enhancing the family caregiver experience through its platforms, Carely CEO and […]

The Pennant Group CEO: It’s Too Early to Draw Conclusions About PDGM’s Long-Term Impact

So far, the transition to the Patient-Driven Groupings Model (PDGM) has gone smoothly for many home health agencies, with a majority successfully avoiding questionable encounters and achieving staffing efficiencies across their operations. Eagle, Idaho-based The Pennant Group Inc. (Nasdaq: PNTG) has seen positive results on its end, too, especially when it comes to coding accurately […]