Waud Capital Backs Signify Health Veterans On New Staffing Solutions Venture

For the second time this year, Waud Capital Partners is making an investment in a home-based-care adjacent platform. On Thursday, the Chicago-based middle-market private equity firm announced it is launching Fusion Health, a new platform that will provide clinical staffing services to health care facilities, health plans and providers, including of the home health care […]

The Challenges, Opportunities That Investment Experts See In Home-Based Care

Shortly after COVID-19 entered our collective lexicon, investments began pouring into the health care industry. The warts on the U.S. health care system that COVID-19 exposed were enough for lenders, backers and buyers to continue to throw money at the companies – or even ideas – that could cover up or eradicate those warts. Home-based […]

Projecting PE Activity In Home-Based Care In 2023

Last year, home-based care M&A was up by dollar amount and down by volume. CVS Health’s (NYSE: CVS) $8 billion pending deal for Signify Health (NYSE: SGFY) and UnitedHealth Group’s (NYSE: UNH) pending deal for LHC Group Inc. (Nasdaq: LHCG) made sure of the former. While 2021 was an outlier year from an M&A perspective, […]

InTandem Capital Partners Makes Majority Investment In HouseWorks

InTandem Capital Partners LLC, a health care services-focused private equity firm, has completed a strategic equity investment in HouseWorks. Both organizations declined to reveal financial details, but did confirm that it was a majority investment. “As a growing organization, partnering with InTandem Capital allows the company to expedite our growth goals, leveraging their deep expertise […]

BrightSpring Health Services No Longer Plans To Go Public

BrightSpring Health Services – a large home- and community-based services provider – is not going through with its planned IPO, according to an S-1 filing. Backed by the PE firm KKR and Walgreens Boots Alliance (Nasdaq: WBA), the company had initially filed the paperwork for an IPO that was expected to raise close to $800 […]

What More PE Involvement Could Mean In Personal Home Care

Home care executives are expecting a few separate things to shake up the market in the coming years. Among those are an increase in franchising, more private equity involvement and innovation to keep pace with higher costs. Consolidation in home care has lagged compared to home health care. One of the reasons why is that […]

Why Private Equity Wants To Be ‘In The Home’ For The Long Haul

Private equity interest in home-based care has steadily increased over the years. The number of company names now preceded by “private equity-backed” in Home Health Care News stories is all the evidence you need. I wondered if PE firms would back off during the period between the unfavorable proposed home health payment rule and the […]