Global private equity firm Advent International has entered a definitive agreement to acquire AccentCare from its current PE-backer, Oak Hill 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. In […]
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. […]
Addus Completes Purchase of Ambercare Frisco, Texas-based Addus HomeCare Corporation (Nasdaq: ADUS) announced Tuesday it has completed its deal to buy Ambercare Corporation, Inc., a personal care, hospice and home health services provider headquartered in Albuquerque, New Mexico. Addus provides home care services to more than 36,000 clients through 142 offices in more than two dozen states. […]
AccentCare Makes Two Acquisitions in Texas Dallas-based AccentCare, Inc. has added to its growing client base by acquiring Community Connection Home Health’s personal care services segment and Q & A Health Services. The two acquisitions will likely add about 400 new clients, AccentCare told HHCN via email. The company declined to disclose the purchase price. Community […]
In the midst of acquiring a stake in the largest home health provider in the nation, insurance giant Humana (NYSE: HUM) might also be in early stage talks to itself be acquired by retail behemoth Walmart (NYSE: WMT). The combination of Humana and Walmart, though far from certain, would potentially be a game-changer for home […]
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