Recent developments in the legal battle over the planned $3.3 billion UnitedHealth Group (NYSE: UHG) acquisition of Amedisys (Nasdaq: AMED) have moved the case closer to trial and shed more light on how UnitedHealth and Amedisys are pursuing divestments and defending the transaction. First, UnitedHealth dropped its motion to dismiss the case, saying that the […]
Family Resource Home Care
Choice Health at Home (CHH) has acquired Devotion Hospice, based in Conroe, Texas, enhancing the company’s commitment to delivering comprehensive post-acute care services throughout the Southwestern U.S. “We are excited to welcome Devotion Hospice into the Choice family,” Founder and CEO of Choice, David Jackson, said in a statement. “Their dedication to compassionate end-of-life care […]
The Pennant Group secures 2 more acquisitions The Pennant Group has completed two acquisitions thus far in May. Announced first was its acquisition of the Davis County, Utah-based South Davis Home Health and South Davis Hospice. “This acquisition provides us with an opportunity to further expand in the state of Utah, and will complement our […]
When Hector Barragan joined Family Resource Home Care in December of 2022 as the president and COO, it was understood that he was part of a succession plan. However, in order to make sure a transition was smooth, outgoing CEO Jeff Wiberg wanted to make sure Barragan could help the company succeed in two areas. […]
Home care companies have always had to deal with a gray market in senior care, or an “underground” caregiver workforce. But as the cost of providing care continues to rise, providers may find themselves in more of a bind than before. Broadly, caregivers that are part of the underground workforce are individuals who are unaffiliated […]
As home care leaders begin to strategize for 2024, part of the process will be identifying the challenges they believe will be main characters next year. Oftentimes, home care leaders will point to labor as the biggest challenge in the space. While labor is and will continue to be an issue, there are also other […]
Artificial Intelligence seems to be on the tip of most health care leaders’ tongues heading into 2024 – and the topic is certainly finding its way into home care conversations, too. In fact, many home care leaders are already exploring how to incorporate AI into their organizations, getting the best use out of emerging solutions. […]
To strategically grow, home care companies need to build out robust sales and business development teams. As demand for home care rises, sales teams are on the front lines of a very competitive private-pay marketplace. Oftentimes, the sales team is the linchpin between the caregiver, the client and a successful business. “One of the things […]
In home care, the relationship between the operator and the private equity sponsor can be difficult to manage. Generally, healthy relationships – ones where there’s “give and take” – lead to growth and success. Poor relationships between those two parties, on the other hand, tend to lead to undesirable outcomes. “Private equity has a really […]
Community Based Care purchases Your Home Court Advantage Community Based Care (CBC) recently acquired Your Home Court Advantage to expand its veteran-focused services lines and its footprint. “The transaction is a reflection of both the company and the marketplace,” Cory Mertz, managing partner at Mertz Taggart, told Home Health Care News in an email. “Despite […]
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