New Medicare Policies Threaten Home Health, Hospice Providers

Smaller home health and hospice providers will struggle to survive in the face of new policies and proposals that could deeply impact both industries, says Healthcare Market Resources in a market research letter that points to growth as a solution.  The home health and hospice industries are threatened by several policy efforts underway or in […]

Almost Family to Acquire Kentucky Hospital’s Home Health Assets

Almost Family, Inc. (NASDAQ: AFAM) recently announced that it has entered into an agreement to acquire a Medicare-certified home health agency owned by Caldwell Medical Center of Princeton, Kentucky. Almost Family will welcome the home health employees of Caldwell Medical Center to its growing organization of home health providers, said William Yarmuth, chairman and CEO […]

Private Equity Eyes Home Health Care as Top 2014 Investment

Home health care is listed among the top areas for private equity investment in 2014 in a Beckers Hospital Review article on trends for 19 niche investment areas in the health care space. “While the overall volume of transactions in 2013 declined from 2012, there was significant growth in certain sub sectors of healthcare,” says […]

Home Health M&A Volume Jumps 100% to End 2013

Health care merger and acquisition activity closed out last year on a high note despite lower volume on a yearly basis, bolstered by home health and hospice transactions. The home health and hospice sector logged a 100% increase in deal volume from the third quarter to end 2013, according to Irving Levin Associates’ Health Care […]

LHC Group to Acquire Home Care Companies for $60 Million

National home care provider LHC Group (NASDAQ: LHCG) is getting even bigger. The company announced this week it will acquire Deaconess HomeCare and Elk Valley Health Services—two subsidiaries of BioScrip, Inc.—for $60 million. The deal will bolster LHC’s geographical footprint to include 342 locations across 27 states. Deaconess HomeCare, established in 1969, and Elk Valley […]

SCL Health System Joint Venture Acquires All Care Home Health

SCL Health System and its joint venture partner Univita Health recently announced the acquisition of Denver-based All Care Home Health LLC for an undisclosed amount. All Care is a home health care company that provides skilled nursing, physical and occupational therapy, and social work services in the Denver metro area. The acquisition marks an execution […]

Kindred Closes $95 Million Acquisition of Senior Home Care

Kindred Healthcare, Inc. (NYSE:KND) announced on Tuesday the closing of its previously announced, $95 million acquisition of Senior Home Care, Inc. The transaction was financed with Kindred’s operating cash flows and proceeds from a revolving credit facility. Senior Home Care, a home health provider with 47 locations in Florida and Louisiana, currently generates annualized revenues […]

Kindred Healthcare to Acquire Louisiana Home Care Company

Kindred Healthcare, Inc. has agreed to acquire Synergy Home Care, a home health care provider that operates in 17 locations throughout Louisiana, as part of its overall acquisition of Senior Home Care. Details of the transaction, which is expected to close in the fourth quarter of 2013 pending regulatory approvals, were not disclosed.  The pending […]

Home Care and Hospice Deals Fall in Third Quarter

Despite a rising number of healthcare deals in the third quarter, home health and hospice lagged the remainder of the health care services market, falling 44% year over year.  Health care mergers and acquisitions increased at a rate of 13% year over year with long-term care services mergers outpacing that average at a rate of […]