In the U.S. Centers for Medicare & Medicaid Services’ (CMS) proposed payment rule for 2022, the attention-grabber was the expansion of the Home Health Value-Based Purchasing (HHVBP) Model, the details of which excited some providers and left others concerned. While the specifics of the expansion plan were being discussed during the public comment period, however, […]
Category: M&A
LHC Group Inc. (Nasdaq: LHCG) has already hit a record year for M&A activity. It added to its streak in a major way on Wednesday, announcing an agreement to purchase Brookdale Health Care Services agencies in 22 states from the recently formed venture between Brookdale Senior Living Inc. (NYSE: BKD) and HCA Healthcare (NYSE: HCA). […]
Trive backs Choice Health at Home Trive Capital, a Dallas-based private equity firm, has formed a partnership with Choice Health at Home. Tyler, Texas-based Choice is a home health, hospice and rehabilitation services provider. The company operates in 40 total locations across Texas, Louisiana and Oklahoma, with over 800 licensed health care employees. The partnership […]
The home health market has been a hotbed of M&A activity as of late, and there are a number of key factors sparking the dealmaking interest. Since its implementation in 2020, the Patient-Driven Groupings Model (PDGM) has loomed large in the home health space. Now, PDGM is a driving force behind much of the transaction […]
The home health company PathWell began as a technology company aiming to help other operators with back-end issues. But when COVID-19 hit, it changed direction to become a provider itself, equipped with the capabilities it once exclusively sought to give to others. PathWell has now grown into a multi-state provider through expansion and acquisitions. And […]
Alivia’s new home health transaction Alivia Care Inc. has acquired Summerfield, Florida-based home health provider Better Life Home Health. Financial terms were not disclosed. Alivia Care is the parent company of Jacksonville, Florida-based Community Hospice & Palliative Care, which provides services for more than 1,200 patients across Florida. In total, the deal puts Alivia Care […]
Interest in acquisitions, mergers and joint venture arrangements continues to heat up in the home health space. But for every successful deal that’s closed, there’s another that ultimately ends up falling apart. While dealmaking landmines will always be present, smart home health providers can often work around trouble if they know where to step. Overall, […]
In the wake of going public in the spring, the leadership team at Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) has been especially vocal about its appetite for major growth. The company’s leaders echoed this sentiment, highlighting a focus on home health in particular, during its Q2 2021 earnings call on Thursday. “Home health and hospice […]
Last year, CareLinx entered a new phase of its business with its entrance into the clinical side of home-based care. As a result, CareLinx saw major growth, which, in turn, made the company more attractive to prospective buyers. One of those interested parties has officially made a play for CareLinx. On Wednesday, Sharecare (Nasdaq: SHCR) […]
The Pennant Group Inc.’s (Nasdaq: PNTG) position is different from other, larger home health companies in the country, mainly in that a substantial portion of its overall revenue comes from senior living. COVID-19 is once again threatening senior care industries, making providers like Pennant more at risk for negative disruption. After all, lower occupancy in […]