Facing The Future: Home Health Providers Gear Up For 2024’s Value-Based Care, M&A Landscapes

Home-based care providers have faced many headwinds over the past few years. They’ll continue to do so in 2024. But uncertainty has also plagued providers, and there may be less of that this year. Providers know the threat of fee-for-service Medicare cuts. They know Medicare Advantage (MA) penetration is an unstoppable force. They know staffing […]

Elara Caring CEO Scott Powers: MA Plans Coming To Negotiating Table With More ‘Reasonable Expectations’

When there are as many problems to hurdle in a space such as home health care, leaders have to prioritize. Interestingly enough, not many companies have the same top priorities, however. The priorities are a good reflection of what home health leaders believe will lead to solutions. Their priorities are generally not what you would […]

Home-Based Care M&A Surges In Q4, Setting Stage For An Active 2024

Home-based care M&A volume finished strong in 2023, with dealmaking led by over a dozen non-medical home care transactions. The strong finish sets up 2024 to potentially be a more active year for buyers and sellers, assuming an improved macro-level economic outlook. Overall, the fourth quarter saw at least 25 transactions across all home-based care […]

Top Home Health Trends For 2024

In 2023, the decreasing influence of COVID-19 did not mitigate the overall operating pressures home health providers were forced to face. In the new year, there still remains plenty of opportunity, but much to work through to tap into that opportunity. More proposed rate cuts to home health reimbursement are expected from the Centers for […]

Lorient Capital-Backed PurposeCare Announces 3 New Acquisitions, Expands Midwest Portfolio

The Lorient Capital-backed PurposeCare has acquired three more Midwestern home-based care agencies. In total, the company has made seven acquisitions over the last year. Its latest moves include: acquiring the assets of A/Abiding Care-Elder Bridge (AAEB), a private-pay home care agency in Illinois; acquiring equity interests in Michiana Home Care, which provides home health care […]

Transactions: Elevance Health To Acquire Paragon Healthcare; New Day Healthcare Buys Compassion Hospice

Elevance Health to acquire infusion provider Paragon Healthcare Elevance Health (NYSE: ELV) announced that it has plans to acquire the infusions services company Paragon Healthcare. The acquisition opens up the opportunity for Elevance members to receive more in-home care. “The acquisition of Paragon Healthcare will deepen our capabilities around providing affordable, convenient access to specialty […]

Fortis Health Further Grows Midwest Footprint With Latest Acquisition

Fortis Health has purchased Physiocare Home Health and Hospice, a Medicare-certified home health and hospice provider that operates in Indiana. Grant Avenue Capital — a middle-market private equity firm — provided the equity financing for the transaction. “We are extremely excited about the opportunity to partner with Physiocare and expand our existing services in Indiana,” […]

Option Care Health Leaders: ‘We Learned A Lot’ From Failed Amedisys Acquisition

Option Care Health (NYSE: OPCH), the home-based and alternate site infusion services provider, had one heck of a 2023. But, about six months removed from its failed attempt to acquire Amedisys Inc. (Nasdaq: AMED), it still remains a home-based care provider worth paying attention to. On Tuesday at the J.P. Morgan Healthcare Conference, the company’s […]

Top Home Care Trends For 2024

The rising costs of home care were a trend in 2022 and 2023. They will remain one in 2024, and could finally come to a head. That’s only one trend, of many, that will impact home care providers in the new year. But it alone will also lead to other trends, such as increased M&A, […]

BrightSpring Health Services Files To Go Public For The Second Time

BrightSpring Health Services officially filed plans for an initial public offering Tuesday. The home- and community-based services provider first planned to go public in 2021, but ultimately decided against it. Now, those plans are full speed ahead yet again. “With over 40 years of experience caring for ‘must-serve’ client and patient populations, we deliver care […]