The financial ripple effect of the U.S. Senate’s approval early Saturday of the GOP’s $1.5 trillion tax bill is expected to be felt by various industries, including home health. The proposed tax bill can greatly benefit many companies’ bottom lines; however, a provision within the bill is leaving health care providers on edge as to how […]
The merger of LHC Group (Nasdaq: LHCG) and Almost Family (Nasdaq: AFAM) will create the second-largest home health provider in the nation. But the new, larger LHC Group will not only be bigger but “better, faster, stronger,” executives said. The merger, which was announced on Nov. 16, has an implied transaction value of $2.4 billion, […]
Two home health care heavyweights have announced they plan to join forces to create the second largest home health care provider in the nation. Louisville, Kentucky-based Almost Family, Inc. (Nasdaq: AFAM) and Lafayette, Louisiana-based LHC Group, Inc. (Nasdaq: LHCG) on Thursday revealed that they have agreed to combine in an all-stock merger of equals transaction, pursuant […]
After three of the largest publicly-traded home health care companies saw their share prices soar in January, the market rally continued in February at a more modest pace, according to the most recent Home Health Index by Stonebridge Partners. The index, which tracks the market values for Almost Family (Nasdaq: AFAM), Amedisys Inc. (Nasdaq: AMED) […]
As the home health care industry continues to pursue all options to reduce the burdens of new and incoming laws and regulations, one major provider is taking its agenda into its own hands. Louisville, Kentucky-based Almost Family (Nasdaq: AFAM) has found success by advocating on its own, without the help of outside lobbying resources. The […]
In a month marked by the inauguration of President Donald Trump, three of the largest publicly-traded home health care companies saw their market values jump, according to the latest Home Health Index by Stoneridge Partners. The jump mirrors the boost that occurred in other indices across the economy, in a phenomenon that’s been dubbed the “Trump rally.” The […]
Home Health Care News had a record-breaking year for readers and viewership. With all that went on in 2016, we kept readers up to date on breaking news across the industry. From the implementation of a disruptive, new demonstration to the surprising election of President-elect Trump, here’s our list of the top posts of the […]
Last week, Almost Family Inc. (Nasdaq: AFAM) announced a major partnership by acquiring 80% of the home health operations of Community Health Systems (NYSE: CYH)* for $128 million. The deal not only creates the largest public hospital-home health joint venture in the nation, but is also exemplary of how health providers are utilizing an emerging […]
Go Cubs go! That’s what we’re all saying here in our Chicago newsroom as we cheer on the Chicago Cubs in their attempt to make it to World Series. While we’ve been root-root-rooting for our home team, we were also sure to bring our readers the latest happenings across the home health care landscape. At […]
One of the nation’s largest home health care providers has entered into an agreement to acquire a controlling interest in the home health and hospice assets of one the nation’s largest hospital companies. The result will be the biggest public hospital-home health joint venture in the nation, the companies announced Monday. Almost Family (Nasdaq: AFAM) will […]
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