AccentCare Hires New CFO; BrightStar Care Names Chief Strategy Officer

AccentCare announces new chief financial officer Ryan Solomon is joining AccentCare Inc. as its new chief financial officer. Dallas-based AccentCare is a post-acute care organization that has more than 170 locations nationwide. Its service lines include skilled home health and personal care services, along with hospice care, private-duty nursing and care management. In his new […]

AccentCare CEO: Home Health Industry Still in ‘Teen Years,’ But Providers Are Growing Up Fast

In some ways, home health care is still in its teen years, according to AccentCare CEO Steve Rodgers. Providers are making significant strides propping up home-based care as an essential component of the broader health care continuum, but they still have a ways to go. On this front, The Dallas-based AccentCare wants to lead by […]

Amedisys CEO: We’ve Already Seen Early Signs of PDGM Disruption

Phones are apparently ringing off the hook at Amedisys Inc. (Nasdaq: AMED). Although the home health industry has yet to complete month No. 2 under the Patient-Driven Groupings Model (PDGM), Amedisys has already fielded plenty of inquires from peers looking to exit the market or absorb into the Baton Rouge, Louisiana-based home health, hospice and […]

‘Disciplined Acquirer’ Encompass Health Won’t Be Afraid to Spend Big for Right Deal

Encompass Health Corporation (NYSE: EHC) is drawing early positives from its deployment of predictive analytics technology. In fact, it’s so bullish on early returns that the Birmingham, Alabama-based company plans to ramp up deployment and usage across the majority of home health locations in 2020. Apart from tech tools, Encompass Health also foresees plenty of […]

Aveanna Healthcare’s $1.2B Acquisition of Maxim Collapses Under Weight of FTC Investigation

Atlanta-based Aveanna Healthcare’s agreement to acquire the home health care division of Maxim Healthcare Services — for a reported $1.25 billion — is officially off the table. The deal’s demise comes in the conclusion of a Federal Trade Commission (FTC) investigation. The FTC is the regulatory body tasked with ensuring competition throughout U.S. markets and […]

PDGM Prompts Q4 Downturn in Home Health M&A Activity

The Patient-Driven Groupings Model (PDGM) likely contributed to a downturn in home health mergers-and-acquisitions activity during the fourth quarter of 2019, according to new data from M&A advisory firm Mertz Taggart. PDGM took effect on Jan. 1. Dealmaking for non-medical home care assets largely remained steady. All in all, 2019 saw at least 42 home […]

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 […]