As one of the fastest-growing sectors in the United States, home health care is teeming with activity — from acquisitions and partnerships to new leadership appointments and promotions. Here’s the latest news buzzing around the industry: Private Equity Firm Acquires Home Care Provider J.H. Whitney Capital Partners, LLC, a middle-market private equity firm, announced recently […]
Category: M&A
Humana Inc. (NYSE: HUM) has acquired Your Home Advantage, a multi-state provider of nurse practitioner in-home visits, in a move that highlights the growing importance of home care to one of the nation’s most prominent health care organizations. Known as one of the largest insurers to specialize in privately managed Medicare health plans, Louisville-based Humana has in recent […]
As health care merger and acquisition activity continues to grow in the first quarter, home health and hospice transactions hit a minor snag to start the year, despite seeing a nearly 30% increase a quarter ago, recent data indicates. Overall health care M&A activity grew 24% during the first quarter of 2015 to 355 total […]
As one of the fastest-growing sectors in the United States, home health care is teeming with activity — from acquisitions and partnerships to new leadership appointments and promotions. Here’s the latest news buzzing around the industry: Home Instead Appoints Jeff Huber as CEO Home Instead, Inc., the franchisor for Home Instead Senior Care, a leading […]
As more regulatory pressures force consolidation among the health care industry as a whole, home health and hospice providers also are feeling the heat — joining forces to better compete in today’s evolving landscape. Most recently, the University of Pittsburgh Medical Center, better known as UPMC, announced it would be bringing Family Hospice & Palliative Care […]
As one of the fastest-growing sectors in the United States, home health care is teeming with business activity. Here are some of the industry’s latest investments, acquisitions and partnerships: Remote Monitoring Company Partners With Arcadia Home Care & Staffing Healthsense, Inc., a provider of aging services technology, announced recently its partnership with Arcadia Home Care […]
As one of the fastest-growing sectors in the United States, home health care is teeming with business activity. Here are some of the industry’s latest investments, acquisitions and partnerships: Strategic Partnership Creates Documentation, Quality Solution For Agencies Jacksonville, Florida-based Forcura and Floral Park, New York-based Quality In Real Time (QIRT) have announced a new strategic […]
Almost Family (Nasdaq: AFAM) is significantly expanding its personal care offerings by acquiring WillCare HealthCare in a roughly $50 million deal, the company announced Wednesday. With the addition of WillCare, Louisville-based Almost Family is increasing the size of its personal care segment by nearly one-third, to an expected $150 million in annual revenue, according to […]
The end-of-life care business is changing, and for large multi-agency, multi-state hospice chains, that means business is booming. In fact, chains cared for nearly half of all hospice patients in 2011, a dramatic increase from a decade prior when small, mostly nonprofit, organizations provided 75% of all care, according to a recent Forbes article, which […]
Policy changes, blockbuster mergers and acquisitions, as well as layoffs, closings and caregiver labor debates characterized the home health and hospice sector in 2014. Mounting reimbursement pressures forced some of the nation’s largest provider to shutter operations and lay off hundreds at some locations, while other big players turned to the acquisition market to fuel their […]