Hometeam to Offer 12 Weeks Paid Maternity Leave New York-based home care startup Hometeam has announced it will offer 12 weeks of paid family leave for its caregivers who are the primary carer, male or female. The company is also offering two weeks of paid family leave for child-caring partners. The paid family leave is for caregivers who have […]
Sending off the old. That’s what happened on Jan. 20 as President Donald J. Trump was sworn into office and the former president Barack Obama left Washington, D.C., for Palm Springs, California. No matter the politics, we brought readers the latest and greatest from the home health industry. We kept you in the know about […]
Epic Health Services, the nation’s largest pediatric-focused home care company, is merging with PSA Healthcare to achieve even greater scale. The new entity will be an affiliate of Bain Capital Private Equity, which acquired Epic in late 2016. Epic, based in Dallas, also provides adult home care. Its footprint prior to the PSA merger spanned […]
Following some slippage in the third quarter, the final quarter of 2016 remained steady in home health and hospice mergers and acquisitions. With uncertainty still looming over the future of the Affordable Care Act (ACA) under a new presidential administration, home health and hospice M&A decreased a bit when compared to the fourth quarter of 2015, […]
It’s Christmas time in the city. That’s what we’ve been singing to stay chipper during the short Chicago winter days. Despite temperatures being lower in Chicago than Mars—yes, really—we were sure to keep readers up to date on the latest happenings in the home health industry. Most notably, we reported that the Pre-Claim Review Demonstration […]
After speculation earlier this year that Epic Health Services could be acquired for as much as $1 billion, a deal has been announced. Epic, a national home health care services and pediatric skilled nursing company, has signed a definitive agreement to be acquired by Bain Capital Private Equity, a global investment firm. Financial details were not […]
24Hr HomeCare Starts JV With SNF Provider of in-home caregiving services to seniors and the disabled, 24Hr HomeCare has entered into a joint venture with a Los Angeles-based skilled nursing facility (SNF), Guardian Rehabilitation Hospital, to form Continuum Homecare. Continuum Homecare is a non-medical in-home care division to extend care to patients in their homes. […]
A Texas-based home care provider has been ordered to pay a hefty fine after allegedly ignoring threats of workplace violence and forcing its caregivers to work in dangerous homes. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) fined AndVenture Inc.—which does business as Epic Health Services—$98,000 for failing to adequately protect its employees from […]
Private equity firm Webster Capital is considering a sale of Epic Health Services, a national home health care services and pediatric skilled nursing company, The Wall Street Journal reported. The health care services provider, which is the nation’s largest pediatric focused home care company, could be valued as high as $1 billion, WSJ reported. Based […]
LHC Group Completes $58.5 Million Halcyon Hospice Acquisition Lafayette, Louisiana-based LHC Group, a post-acute care provider, completed its acquisition of Cumming, Georgia-based Halcyon Hospice for $58.5 million. Halcyon operates 16 hospice locations across Georgia, South Carolina and Mississippi, including two inpatient hospice facilities. The company’s overall service area covers 183 counties, including 59 counties where […]
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