For the second month in a row, the nation’s three largest publicly traded home health care companies saw their average market values drop, according to the latest Home Health Index by Stoneridge Partners. The slump comes after a four-month record breaking streak from May through August. The market values for Almost Family, Inc. (Nasdaq: AFAM), Amedisys, […]
A slew of acquisitions and a leap into innovative investments over the last few years is seemingly paying off for a major home health care services provider. Almost Family (Nasdaq: AFAM) reported record revenue in its recently released quarterly earnings report. For the second quarter of 2016, the Louisville, Kentucky-based company announced net service revenues […]
For Almost Family, Inc. (NASDAQ:AFAM), 2015 was a year for the books. The Louisville, Kentucky-based home health and nursing services giant posted record net service revenues of about $532 million for the fiscal year—which was also the most acquisitive in company history, according to fourth quarter and full-year 2015 earnings released Wednesday. “The last twelve months […]
This week on Home Health Care News, readers learned about Addus’ new CEO and delved deeper into Amedisys’ M&A plans. They also discovered that home care startup Honor will be directly employing its caregivers moving forward as opposed to working with independent contractors, as well as how Almost Family is tackling CMS’ value-based purchasing model. […]
Coming off a record revenue year, one of the nation’s largest home health providers has its sights set on winning in a shifting health system. Part of the plan involves a new business segment, launched as the government continues to reward low-cost settings and value-based purchasing models come into effect. Almost Family (NASDAQ: AFAM) had […]
Coming off a year of record revenue, Almost Family (NASDAQ: AFAM) has just snapped up another acquisition in a $37 million deal. Almost Family, the home health nursing services giant, has acquired Natick, Massachusetts-based Long Term Solutions, Inc. (LTS), one of the largest providers of in-home nursing assessments for the long-term care insurance industry. LTS […]
Providers across the spectrum are tapping into the home health market to expand their services across multiple facets of care, as evidenced by LexisNexis’ 2015 rankings of the leading home health agencies in the United States. Released Wednesday, the LexisNexis 2015 Top 100 Home Health and Hospice Agencies Rankings is a report that ranks Medicare-certified home health providers by national […]
Amedisys Inc. (NASDAQ: AMED) has released an extensive list of potential acquisition targets as the major home health and hospice provider looks to expand to new markets. The list, which includes the names of more than 200 candidates for acquisitions, joint ventures and partnerships, comes after Amedisys announced last month its plan to move its […]
Almost Family, Inc. (NASDAQ: AFAM) recently announced that it has entered into an agreement to acquire a Medicare-certified home health agency owned by Caldwell Medical Center of Princeton, Kentucky. Almost Family will welcome the home health employees of Caldwell Medical Center to its growing organization of home health providers, said William Yarmuth, chairman and CEO […]
Almost Family, Inc., a national provider of home health care services, today announced it has signed a definitive agreement to acquire the stock of SunCrest HealthCare for $75.5 million—the largest acquisition in the company’s history. SunCrest, a provider of skilled home health and personal care services generated over $150 million in revenue in 2012. The […]
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