DAI closes on HCA Healthcare deal Deaconess Associations Incorporated (DAI) has closed on its acquisition of 24 home health locations and seven hospice locations from HCA Healthcare. The new agencies, which span eight states, have joined Central Pyramid, one of DAI’s four owned subsidiaries. DAI CEO Trey Crabb previously told Home Health Care News […]
Deaconess Associations Incorporated (DAI) has agreed to acquire 31 home health and hospice agencies – primarily home health – from HCA Healthcare. The agencies, which consist of 24 home health locations and seven hospice locations, are spread across eight states. The deal is part of DAI’s strategic push to “double down” on its home health […]
Brookdale Senior Living (NYSE: BKD) has sold its 20% stake in the home health, hospice and therapy joint venture it has with HCA Healthcare (NYSE: HCA). The company announced the news Wednesday, but did not specify who it sold the remaining stake to. It did announce the price tag, however, which was $27 million. In […]
Last year, Brookdale Senior Living (NYSE: BKD) offloaded the majority of its struggling home health assets to HCA Healthcare (NYSE: HCA). Now it’s reportedly exploring a sale of the entire company. At the beginning of the month, its shares were at a 52-week low. They shot up Friday when the reports of a possible sale […]
When Brookdale Senior Living Inc. (NYSE: BKD) sold the majority of its home health assets to HCA Healthcare (NYSE: HCA) last year, health care insiders were split on whether it made more sense for one side, the other, both or neither. A year after the definitive agreement was announced, however, it seems to be working […]
HCA Healthcare Inc. (NYSE: HCA) executives provided a brief update on the company’s home health and hospice operations Thursday. It was the first time the Nashville, Tennessee-based hospital giant shared additional information about its post-acute care plans since finalizing its $400 million deal with Brookdale Senior Living Inc. (NYSE: BKD) in July. “We’re in the […]
With all eyes focused on the home, it’s no exaggeration to say there were dozens of blockbuster in-home care acquisitions last year. But while all transactions directly impact the buyers and sellers, only a handful help shape the trajectory of an entire market. As I started to think about my own home health and home […]
The public health emergency continued to have an impact on home-based care providers in 2021. It didn’t define the year, however. As the top Home Health Care News stories of 2021 suggest, this year was about so much more than the COVID-19 crisis. Even more than the pandemic, the past 12 months have been about […]
LHC Group Inc. (Nasdaq: LHCG) has already hit a record year for M&A activity. It added to its streak in a major way on Wednesday, announcing an agreement to purchase Brookdale Health Care Services agencies in 22 states from the recently formed venture between Brookdale Senior Living Inc. (NYSE: BKD) and HCA Healthcare (NYSE: HCA). […]
The day before it officially closed on its deal to acquire 80% of Brookdale Health Care Services (NYSE: BKD), HCA Healthcare (NYSE: HCA) finished a financial quarter that showed significant recovery for the behemoth hospital chain — and then some. As COVID-19 concerns waned for patients, admissions and revenue soared for HCA, which is set […]
