How Home Care Could Be Re-Shaped if Walmart Acquires Humana

In the midst of acquiring a stake in the largest home health provider in the nation, insurance giant Humana (NYSE: HUM) might also be in early stage talks to itself be acquired by retail behemoth Walmart (NYSE: WMT). The combination of Humana and Walmart, though far from certain, would potentially be a game-changer for home […]

Activist Shareholder Presses Brookdale for Update on Potential Buyout

Brookdale Senior Living (NYSE: BKD), one of the largest home health providers in the United States, is under pressure again from an activist shareholder. The shareholder—Stamford, Connecticut-based investment management firm Land & Buildings—is pressing Brookdale to share more information about an ongoing strategic review process and says the company should consider offers that might seem […]

Medicare Advantage Home Care Proposal Excites Providers, Payers

The Centers for Medicare & Medicaid Services (CMS) recently proposed adding non-skilled in-home care as a supplemental benefit to Medicare Advantage plans in 2019. The language of the proposal led to questions, still unanswered, about which specific services could be covered under MA plans. However, home care providers and insurance companies are interpreting the new […]

Changing M&A Trends Make Home Health a Hotter Acquisition Target

Transformative mergers and acquisitions took place in health care last year, and the types of deals suggest that a more diverse set of buyers could be on the hunt for home health and hospice acquisitions in 2018. In 2017, there were 115 M&A transactions involving hospitals and health systems, marking the highest level of activity […]

In Strong Year for Home Health Stocks, LHC Group Gains Most

LHC Group (Nasdaq: LHCG) had a big year in 2017, growing its share price 23.14%. That’s the largest yearly increase among the companies tracked on the Home Health Index (HHI), which is updated each month by health care merger and advisory firm Stoneridge Partners. The Index keeps tabs on the share prices of the largest […]

Must-Read News: 2018 Predictions

Happy Monday, Home Health Care News Readers, and welcome back to the second week of 2018. Before you kick off the workweek, take a moment to catch up with our must-read news, including our top stories that take a look at 2018 trends and predictions from industry bigwigs. Here’s what you might have missed in […]

Shareholder Opposition Unlikely to Derail Kindred Deal

Since a major shareholder of Kindred Healthcare (NYSE: KND) announced its opposition to a $4.1 billion takeover deal by Humana (NYSE: HUM), the nation’s largest home health care provider has remained mum. Brigade Capital, a New York-based private equity firm which owns a 5.8% stake in Kindred, said it would vote against the transaction under its current […]

Kindred Shareholder Opposes Takeover Deal

A large shareholder of Kindred Healthcare (NYSE: KND) announced its opposition to the company’s recently announced acquisition deal with Humana (NYSE: HUM). Brigade Capital , a New York-based private equity firm with a 5.8% stake in Kindred, opposed the deal on December 27, stating the $9 share price for Kindred is “inadequate.” Humana, along with […]