Ever since ModivCare Inc. (Nasdaq: MODV) entered the personal care space with a major acquisition last year, it has been working to solidify its place in the larger social determinants of health movement. ModivCare completed its personal care-focused acquisition of Simplura last November. The acquisition was an all-cash transaction that placed an enterprise value of […]
Category: M&A
Typically, when executives talk about their companies “having to weather the storm,” they’re speaking figuratively. That wasn’t the case for Addus HomeCare Corporation (Nasdaq: ADUS) on Tuesday. Addus CEO and Chairman Dirk Allison talked about the negative impact that the February winter storms had on the home-based care provider’s business during the company’s Q1 2021 […]
LHC Group announces JV expansion LHC Group Inc. (Nasdaq: LHCG) as well as partners Texas Health Resources and Methodist Health System are expanding their joint venture in Texas. The three health care organizations announced on Thursday that they’re purchasing and sharing ownership of Regent Home Health, a provider that currently serves patients and families in […]
Amedisys Inc. (Nasdaq: AMED) hasn’t been shy about the company’s plans to gain an even larger share of business from other post-acute care operators. With that in mind, the company has been focused on setting up shop in the SNF-at-home space, pairing skilled home health care with non-medical personal care services. Those efforts have now […]
Humana Inc. (NYSE: HUM) believes it can deliver home health services better than traditional providers do today. More than any other reason, that’s fundamentally why it’s accelerating its in-home care strategy by acquiring 100% of home health giant Kindred at Home for a “bargain” purchase price of $5.7 billion — the company’s largest acquisition ever. […]
When Humana Inc. (NYSE: HUM) teamed up with private equity giants TPG Capital and Welsh, Carson, Anderson & Stowe (WCAS) to acquire Kindred Healthcare in July 2018, it was only a matter of time before the Louisville, Kentucky-based health insurer went off on its own. That time has finally arrived. As part of that $4.1 […]
DispatchHealth has officially transitioned from “up-and-coming startup” to “active acquirer.” The company announced Tuesday that it has made its first-ever purchase by landing Professional Portable X-Ray (PPX), a mobile imaging provider. Financial terms of the transaction were not disclosed. Denver, Colorado-based DispatchHealth offers hospital-at-home and mobile high-acuity services through its emergency medicine-trained teams. It currently […]
Valeo Home Health lands Hearts for Hospice & Home Health Valeo Home Health & Hospice has acquired Hearts for Hospice & Home Health from Abode Healthcare. Valeo is PE-backed provider based in Millcreek, Utah, that provides a mix of post-acute care services Strategically, the acquisition increases Valeo’s presence in Utah, as Hearts for Hospice & […]
Ahead of this week’s upcoming earnings call, Encompass Health Corp. (NYSE: EHC) has locked in an agreement to acquire the home-based care assets of Frontier Home Health and Hospice. The company announced the news Monday. The financial terms of the deal were not disclosed. Birmingham, Alabama-based Encompass Health delivers care in both facility- and home-based […]
HCA Healthcare (NYSE: HCA) is the largest health system in the U.S. That scale alone has made its entrance into the home health space worth paying attention to. In February, HCA announced that it had entered into a definitive agreement to acquire a majority stake in Brookdale Senior Living’s (NYSE: BKD) up-and-down home health and […]
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