The home-based care M&A landscape has been very active over the last year. And as long as the publicly traded companies remain in good standing, investment activity from private equity players and others is likely to remain strong. That’s according to Mertz Taggart Managing Partner Cory Mertz, who said at the Home Health Care News […]
Category: M&A
Basically all of the publicly traded in-home care giants offered internal updates and expectations for the coming year this week during a series of investor presentations. In addition to company-specific plans, the group discussed key policy developments and important macro-level trends such as more high-acuity patients coming to the home health setting. Home Health Care […]
When Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) became a public company earlier this year, it expressed the desire to expand its reach past pediatric home health to seniors. While there were some skeptics within the industry on how feasible that would be, the Atlanta-based company has done an impressive job executing on that strategy thus […]
Executive Care finds new backer Home care provider Executive Care recently received an investment from global investment firm The Riverside Company. The financial terms were not disclosed. Hackensack, New Jersey-based Executive Care is a private-pay personal care company that operates a network of 13 franchise locations and offers a plethora of services, including companionship, homemaking, […]
CommonSpirit Health looks to sell part of its home health operations CommonSpirit Health is in talks to transfer ownership of its home health operations in Minnesota and North Dakota to an undisclosed third party, according to recently released financial documents. Currently, CommonSpirit Health operates more than 1,500 care sites and 140 hospitals across 21 states. […]
When Coltala Holdings acquired a stake in Choice Health at Home in June, its co-founders – Ralph Manning and Edward Crawford – were ecstatic. After all, the Dallas-based private equity firm was looking to enter into the home health industry, but wasn’t sure it would be able to. Its confidence in finding the right provider […]
Not so long ago, in-home care providers like Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) had to basically beg their payers for rate increases or additional resources. “In the old days, we would literally be calling the payer’s rep, you know, begging for another $2 an hour to get a family home,” Aveanna COO Jeff Shaner […]
Help at Home’s latest move Chicago-based Help at Home has acquired Prime Home Care, an in-home care provider that offers both home health and home care services across nine Ohio locations, including the large markets of Columbus, Toledo and Cincinnati. Headquartered in Maineville, Ohio, Prime has been delivering home-based care to clients since 2006. The […]
In summer, hardly a week went by where Choice Health at Home wasn’t in the headlines. Founded in 2007 by David Jackson, a licensed physical therapist, Choice is a home health, hospice and rehabilitation services provider with dozens of locations in Texas, Oklahoma and a couple of other states. Eventually, the plan is to build […]
The Pennant Group Inc. (Nasdaq: PNTG) has fallen short of its own goals. At the top of the company’s earnings call Tuesday, Pennant CEO Danny Walker called its Q3 2021 performance “sobering” in relation to its high expectations. Eagle, Idaho-based Pennant’s network includes 87 home health and hospice agencies, plus 54 senior living communities. The […]