Watertown, New York-based Samaritan Medical Center (SMC) will soon enter an agreement with HCA/Genesis, Inc. to manage Genesis Home Health Care. The agreement will remain in place until a final purchase agreement and certificate of need is approved by the New York State Department of Health, when the home healthcare agency will become a Samaritan […]
Category: M&A
Health care merger and acquisition activity spending fell by 50% in the first quarter of 2013, according to Irving Levin Associates, Inc. (ILA). Deal volume was down 33% compared to the previous quarter, with 204 deals announced. The quarter also dropped 31% from what it was a year ago, according to ILA, when 295 deals […]
Regulatory cutbacks might have cooled M&A activity for traditional Medicare home care businesses, but things might just be heating up on the hospice side. Given the federal sequestration earlier this year and reimbursement cuts playing critical roles in the market’s recent lull, industry experts agree that the home health M&A market will experience smaller scale […]
Epic Health Services announced it has acquired AmeriCare, a Medicare certified home health agency with three locations in the Boston area. The acquisition provides Epic with three new service lines: home nursing for clients with psychiatric and other behavioral issues, private-pay personal care for older adults, as well as nursing and aide services for other elderly […]
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