Encompass Health (NYSE: EHC) has made a minority investment in predictive analytics firm Medalogix. Regulatory changes and staffing shortages driving the need for increased efficiency in home health and hospice motivated the investment, according to Encompass Health Chief Strategy Officer Luke James. “As we look out into the future, [we’re excited about] having a direct […]
A telehealth pilot targeting wound care patients has helped AccentCare cut costs and reduce readmissions for participating offices. As a result, the program — made possible through a partnership with virtual care platform Synzi — will soon see a larger rollout. The program could serve as an example for the hoards of providers industry-wide hoping […]
Market density and integration throughout the health care system are two main pillars for AccentCare, one of the biggest post-acute care companies in the country. Dallas-based AccentCare provides home health, hospice, personal care and related services across more than 175 markets in 16 states. The company has grown rapidly in recent months, thanks to eight […]
Global private equity firm Advent International has entered a definitive agreement to acquire AccentCare from its current PE-backer, Oak Hill Capital Partners. Financial terms were not disclosed. The acquisition is one of six home health PE deals announced so far this year, with fewer industry deals happening at a slower pace than in years past. […]
Another large health system is breaking into home health care and hospice. Dallas, Texas-based Cornerstone Healthcare Group made its first dive into the spaces earlier this month with the acquisition of Phoenix, Arizona-based Southland Home Health. Financial terms of the deal were not disclosed. The acquisition is the first of many similar deals in the […]
AccentCare Inc. announced Thursday it had acquired Steward Home Care and Hospice, kicking off 2019 by continuing a hot M&A pace set over the past couple years. The Steward acquisition — effective Dec. 31, 2018 — catapults Dallas-based AccentCare into the new states of Massachusetts and New Hampshire, expanding the company’s reach to 16 states […]
Help Unlimited and Honor Announce Partnership Help Unlimited is partnering with technology-driven home care company Honor to provide more reliable and transparent care for aging adults in a well-known California county. San Francisco-based Honor — backed by $150 million in venture capital since launching in 2015 — is a non-medical home care company that provides care […]
AccentCare has acquired Accolade Home Care and Hospice. The deal marks Dallas, Texas-based AccentCare’s sixth purchase in Texas since 2017 — and reportedly makes the company’s regional branch the largest home health, hospice and personal care provider in the state. Financial terms of the deal were not disclosed. AccentCare’s regional branch is branded as Texas Home Health. […]
AccentCare Expands Executive Team to Support Growth AccentCare announced the addition of two new executive positions to accommodate the health care trend of greater post-acute care coordination with health systems. The company is using the new hires to expand and support its joint venture partnerships and its rapid growth fueled by home health care. Dallas-based […]
Hospice utilization has risen sharply compared to a decade ago, but many patients are still entering hospice care later than ideal. This limits the effectiveness of hospice for both consumers and providers, including those that dually offer home health and hospice services and want to provide the right level of care at the appropriate time. […]
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