Deaconess Associations Incorporated (DAI) has agreed to acquire 31 home health and hospice agencies – primarily home health – from HCA Healthcare. The agencies, which consist of 24 home health locations and seven hospice locations, are spread across eight states. The deal is part of DAI’s strategic push to “double down” on its home health […]
In her new role, LiveWell Partners’ CEO Stacie Bratcher is prioritizing strategic density and service diversification, carefully balancing growth with operational discipline. St. Louis-based LiveWell Partners is a home health and hospice platform backed by the investment firm Camino Partners. Founded in 2023, the company has grown largely through acquisitions concentrated in the Midwest. It […]
Arsen Ustayev, founder and CEO of CareChoice, has shaped his strategy around hospital referral trends and differences in state Medicaid policies. The executive, who previously founded and ran adult day care facility SarahCare, which still operates in Pennsylvania, has scaled back on certain services because of a lack of hospital system referrals – which an […]
Home-based care veteran executive Dr. Brian Holzer has joined Freedom Senior Services as the company’s top executive after the company transitioned to new private equity ownership. Following Gemspring Capital’s acquisition of Freedom, Holzer aims to make the company an aggressive M&A player while expanding service lines and client demographics. To do so, Holzer plans to […]
Humana (NYSE: HUM) has announced plans to sell its 40% stake in hospice, palliative and personal care provider Gentiva in a deal valued at approximately $900 million. Humana will sell all, or substantially all, of its minority interest to a consortium of investors, according to an announcement released on Wednesday. The company plans to utilize […]
Texas-based Lucent Health Group has acquired Chambers Home Health & Hospice, another provider within the state. Chambers is a regional home health and hospice platform that serves eastern Texas. The company serves thousands of patients annually across more than 20 Texas counties through three brands, Chambers Home Health, Chambers Hospice, and Healthcare Associates LLC, according […]
Integrated Home Care Services acquires at-home care tech company Dina In-home benefit manager Integrated Home Care Services has acquired care-at-home network management and coordination platform Dina. The founder and CEO of Dina, Ashish V. Shah, will join Integrated as its chief product and technology officer. “We were getting to a point where we felt there […]
Enhabit’s new CEO, Dale Clift, expects double-digit growth for the company he now heads following its acquisition by private equity firm Kinderhook Industries. Enhabit named Clift its chief executive last week, days after the Kinderhook acquisition closed. The veteran home-based care executive is now ushering Enhabit into a “chapter of growth,” planning to expand the […]
Addus HomeCare Corporation (Nasdaq: ADUS) is actively pursuing acquisitions of size – and does not anticipate any impact to its growth strategy from the recently-announced moratorium on home health Medicare enrollment. As the Centers for Medicare & Medicaid Services’ (CMS) new moratoria affect only home health and hospice, Addus’ personal care services segment is not […]
On Friday, private equity firm Kinderhook Industries closed on its acquisition of home health and hospice provider Enhabit Inc., paying shareholders approximately $762 million. The overall value of the deal was estimated at $1.1 billion when it was announced in February. At the time of the deal’s closing, each outstanding share of Enhabit common stock […]
