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 […]

Business Briefs: Merger Suspended, HomeCare Connect’s CFO

VNA of Hanover Suspends Merger with SpiriTrust Lutheran Adams County, Pennsylvania-based Visiting Nurse Association of Hanover & Spring Grove Inc. has suspended its previously announced merger with Chambersburg, Pennsylvania-based SpiriTrust Lutheran Home Care & Hospice. The VNA voted to suspend discussions about a merger, which have been taking place since 2014, according to a news release. […]