Recent developments in the legal battle over the planned $3.3 billion UnitedHealth Group (NYSE: UHG) acquisition of Amedisys (Nasdaq: AMED) have moved the case closer to trial and shed more light on how UnitedHealth and Amedisys are pursuing divestments and defending the transaction. First, UnitedHealth dropped its motion to dismiss the case, saying that the […]
Category: M&A
Choice Health at Home (CHH) has acquired Devotion Hospice, based in Conroe, Texas, enhancing the company’s commitment to delivering comprehensive post-acute care services throughout the Southwestern U.S. “We are excited to welcome Devotion Hospice into the Choice family,” Founder and CEO of Choice, David Jackson, said in a statement. “Their dedication to compassionate end-of-life care […]
If recent headlines are any indication, 2025 will be a pivotal year for setting the course of private equity investment in health care provider companies, including home-based care organizations. In the first month of the year, these were among the PE-related stories that generated headlines: These developments point to both the ongoing PE investment in […]
Home-based care deals significantly slowed in 2024, but conditions are improving, according to a new report from Mertz Taggart. M&A activity declined from 183 deals in 2021 to 110 in 2023, and then further decreased to 72 in 2024, according to the report. Ultimately, only 14 transactions took place in the last quarter, marking the […]
BrightSpring Health Services (Nasdaq: BTSG) has entered into an agreement to divest its community living business to Sevita for $835 million in cash. “In Sevita, we are pleased to partner with a new owner with extensive experience in the I/DD industry, who is well-suited to continue to provide compassionate care to the community living client […]
Levine Leichtman Capital Partners (LLCP) has acquired Synergy HomeCare. Synergy, headquartered in Tempe, Arizona, offers many non-medical in-home services. These include personal care, companion care, and specialized care for individuals with physical or developmental disabilities, chronic health conditions or those recovering from illness or surgery. The company has more than 240 franchises operating in approximately […]
Choice Health at Home has acquired Family Tree Private Care, solidifying its comprehensive continuum of care for patients in Texas, Colorado and the southwestern U.S. Since 2017, Family Tree has completed more than 20 acquisitions and built a reputation as a provider of private caregiving, nursing and care management services. With this merger, Family Tree’s […]
The Partnership for Quality Home Healthcare (PQHH) will shut down effective March 1. The PQHH board of directors will join efforts with the National Alliance for Care at Home (the Alliance) to create a stronger and unified voice for the industry. By collaborating with the Alliance, the PQHH board aims to enhance advocacy on public […]
The private equity firm Renovus Capital Partners has acquired the home health and hospice provider Superior Health Holdings, Inc. Financial terms were undisclosed. Renovus Capital Partners is a lower middle-market investment firm based in Philadelphia. The firm’s portfolio includes more than $2 billion of assets, about 30 companies, across its several industries, including technology, health […]
Amedisys’ (Nasdaq: AMED) planned divestiture of more than 100 home health and hospice locations to VitalCaring has reportedly been halted following a federal court ruling that requires Texas-based VitalCaring to allocate a significant portion of its future profits to Encompass Health and Enhabit. Amedisys in June announced an agreement to sell some of its locations […]
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