The COVID-19 pandemic delayed the ambitious plans of most home health providers. Now nearly halfway into 2021, many are picking up right where they left off, with a few key players doubling down on innovation and betting big on the future of home-based care. There are plenty “home health providers to watch” as the rest […]
Brookdale Senior Living
When Brookdale Senior Living Inc. (NYSE: BKD) was looking at prospective buyers of its home health and hospice segment, it was in a vulnerable position. Its home health business had been “disappointing” at times, in the words of Brookdale President and CEO Cindy Baier. Occupancy in its senior living segment was falling during the COVID-19 […]
HCA Healthcare (NYSE: HCA) is the largest health system in the U.S. That scale alone has made its entrance into the home health space worth paying attention to. In February, HCA announced that it had entered into a definitive agreement to acquire a majority stake in Brookdale Senior Living’s (NYSE: BKD) up-and-down home health and […]
In late February, HCA Healthcare (NYSE: HCA) announced it had entered into a definitive agreement to acquire a majority stake in Brookdale Senior Living’s (NYSE: BKD) home health and hospice business. A for-profit operator of health care facilities like HCA wanting to ride home health tailwinds isn’t surprising. But HCA is a completely new — […]
Brookdale Senior Living Inc. (NYSE: BKD) revealed Wednesday that it’s selling an 80% stake in its health care services business to HCA Healthcare (NYSE: HCA) for $400 million. At first glance, the transaction could be interpreted as a savvy move that enables Brookdale to cash in on its sizable home health, hospice and outpatient therapy […]
Brookdale Senior Living Inc. (NYSE: BKD) announced Wednesday it has entered into a definitive agreement to sell a majority stake in its home health, hospice and outpatient therapy business. As part of the transaction, the Brentwood, Tennessee-based Brookdale will partner with HCA Healthcare (NYSE: HCA), a for-profit operator of health care facilities that has more […]
Kindred at Home remained at the top of the home health care mountain in 2020, checking in as the largest provider in the country, according to the latest annual ranking from LexisNexis Risk Solutions. Kindred specifically captured nearly 6% of the national market share last year. Kindred at Home is part of Humana Inc. (NYSE: […]
After falling short on Q3 projections and seeing revenue dip year over year, Brookdale Senior Living (NYSE: BKD) is reportedly considering divesting its home health and hospice segments. COVID-19’s impact on the company has created financial pressures that it hopes to mitigate, PEHub Reported Monday. Those pressures could feasibly be made up, in part, through […]
Brookdale Senior Living Inc. (NYSE: BKD) was focused on rebuilding its home health census during Q2 of this year. In Q3, its home health census began increasing again, but it remains down overall on a year-over-year basis. The Brentwood, Tennessee-based company’s home health average daily census took a hit earlier in the year due to […]
Brookdale Senior Living Inc. (NYSE: BKD) has performed over 100,000 COVID-19 tests across 44 states since the public health emergency began. It has been doing that while rebuilding its home health patient census, which took a substantial hit due to elective surgeries shutting down in spring. Brentwood, Tennessee-based Brookdale operates and manages more than 730 […]