Care Advantage Continues to Scale by Acquisition; BrightStar Eyes New Markets

Care Advantage acquires Allegiance Home Care Care Advantage Inc. has acquired Allegiance Home Care, marking the 51-year-old home health provider’s 10th acquisition since it received private equity backing in January 2017. Financial terms of the deal were not disclosed. Richmond, Virginia-based Care Advantage, which is backed by New York-based PE firm BelHealth Investment Partners, provides […]

Home Health Business Briefs: Visiting Angels Partners With Reverse Mortgage Giant

As one of the fastest-growing sectors in the United States, home health care is teeming with business activity. Here are some of the industry’s latest investments, acquisitions and partnerships:  American Advisors Group Partners With Home Care Franchisor American Advisors Group (AAG), the nation’s leader in reverse mortgage lending, recently announced its partnership with Visiting Angels, […]

D.C. Home Care Agency’s Chateau Concept Flirts with Assisted Living

A Washington, D.C. agency is toeing the borderline between home health and assisted living services with the development of a new, luxury-style care home. With the goal of becoming the Relais & Chateaux of assisted living, Capital City Nurses aims to refine residential living for its senior clients by bringing elements of the international hotel […]