Anthem Reportedly in Talks to Buy CareCentrix

Dealmaking rumors continue to swirl this week. In the latest piece of M&A gossip, Anthem Inc. (NYSE: ANTM) is reportedly in “late-stage” talks to acquire the PE-backed CareCentrix, according to PE Hub. Rumors of a possible CareCentrix deal come just days after reports surfaced about Centerbridge Partners and Vistria Group going after Wellspring Capital Management’s […]

CareCentrix Adds Aetna Medicaid Vet, Expands Service Offerings to Health Plans

CareCentrix — a care management company that focuses on home-based care — has brought on a long-time managed care veteran to expand its service offerings to Managed Medicaid health plans. Hartford, Connecticut-based CareCentrix provides post-acute care and discharge management services, plus durable medical equipment (DME) and home-based care services. Moving forward, Scott Markovich will serve […]

CareCentrix Expands into Palliative Care with Turn-Key Health Acquisition

CareCentrix — a care management company that focuses on home-based care — announced Monday it has acquired palliative care company Turn-Key Health. The financial terms of the deal were not disclosed. Hartford, Connecticut-based CareCentrix provides post-acute care services, discharge management, durable medical equipment (DME) and home-based care services. A portfolio company of Consonance Capital Partners, […]

Home Care Assistance Expands Leadership Team; CareCentrix Appoints NHPCO’s Edo Banach to Advisory Board

Home Care Assistance expands leadership team San Francisco-based Home Care Assistance is expanding its executive team. Ty Shay will serve as president of the in-home care provider moving forward, while Michael Schantz will serve as chief financial officer. Home Care Assistance is an international company that provides hourly home care, 24-hour care and hospital-to-home services, […]

CVS Launches In-Home Dialysis Pilot

CVS (NYSE: CVS) has entered the in-home dialysis market. The company announced Wednesday it is beginning a clinical trial of its new home hemodialysis system this week. By enabling in-home treatment, CVS could allow patients with end-stage kidney disease to receive more frequent care, with the goal being to improve outcomes.  Typically, patients with kidney […]

CareCentrix, Cigna Accused of Fraudulent Billing Scheme

Insurance giant Cigna (NYSE: CI) and home health coordination company CareCentrix have been accused of a fraudulent billing scheme, in which beneficiaries were allegedly overcharged for in-home medical equipment. Bloomfield, Connecticut-based Cigna is the fourth-largest U.S. health insurance company, according to Forbes. It contracts with other organizations that offer certain services and products to Cigna […]

Business Briefs: Ensign Acquisition, LHC Group

Ensign Group Acquires Nevada Hospice Operations The Ensign Group (Nasdaq: ENSG), the parent company of the Ensign group of skilled nursing, rehabilitative care services, home health care, hospice care and assisted living companies, has acquired a hospice provider serving Southern Nevada through a subsidiary of its home health and hospice portfolio, Cornerstone Healthcare, Inc. The […]