LHC Group Not Backing Off M&A After Mega-Merger

Fresh off its mega-merger with Almost Family, home health care giant LHC Group (Nasdaq: LHCG) is still eyeing big mergers and acquisitions opportunities in 2018. “We might be tempted to sit back and rest on our laurels, but that’s not in our DNA,” CEO Keith Myers said Thursday during the company’s first quarter earnings call. […]

Home Health M&A Remains Flat in Third Quarter

Publicly announced home health and hospice M&A activity held steady with fewer transactions than years past in the third quarter of 2017, after hitting a recent low last quarter. The sector saw 10 transactions in the third quarter of 2017, representing no change from the second quarter, according to research conducted by Norwalk, Connecticut-based Irving Levin Associates. Only […]

Home Health M&A Deal Volume Continues to Decline

Publicly announced home health and hospice M&A activity has hit its lowest level in years, dropping by 40% to a mere nine transactions in the second quarter of 2017, as compared to first-quarter performance of 15 acquisitions. These second quarter numbers illustrate a continued decline in M&A activity for the industry sector, as M&A activity was […]

Home Health Deals Commanded Impressive Valuations in 2016

Out of all health care sectors, home health posted the highest trading multiples for mergers and acquisitions in 2016, according to data in a newly released PricewaterhouseCoopers (PwC) report. Out of the seven health care sectors considered, home health/hospice had the highest mean enterprise value to EBITDA multiple last year, at 15.2, the data show. […]

Home Health M&A Trends: Deal Volume Rose, Dollar Value Fell

For years, there existed an inverse relationship between the number of home health and hospice transactions and their total dollar value. In general, as the number of home health and hospice transactions climbed between 2012 and 2014, the total transaction dollar value declined, according to the second edition of the “Health Care Mergers & Acquisitions […]

Home Health Acquisition Prices Spike to Start 2016

The amount of money being put toward acquiring home health and hospice companies is increasing, according to the latest figures from Irving Levin Associates, Inc.’s ‘Health Care M&A Report.’ Specifically, the dollars spent on home health and hospice mergers and acquisitions in the first quarter of 2016—in cases where the price was disclosed—rose 69% from […]

Home Health M&A Picks Up, Other Sectors Lose Steam

Bucking an overall slowdown in health care mergers and acquisitions, the number of home health and hospice transactions increased in the first quarter of 2016. There were 12 transactions in the home health and hospice sector in the last quarter of 2015, and that increased by 50% to 18 deals in the first quarter of […]

Home Health Transactions Tank in 2015

Despite record-breaking totals across health care sectors for merger and acquisition activity in 2015, the home health and hospice sector bucked the industry trend, falling 33% versus 2014 totals. Across several sectors within the health care industry tracked by research and publishing firm Irving Levin Associates, the industry saw record-breaking totals both in terms of […]

Home Health M&A Activity Spikes

Home health merger and acquisition activity has spiked this month, according to newly published figures. With six announced deals so far, November is already this year’s second most active month in home health and hospice mergers and acquisitions, market intelligence firm Irving Levin Associates reported. The month has trumped all others in 2015 except January, which […]

Home Health and Hospice M&A Activity Spikes 27% in Q4

Given the $1.8 billion merger of Kindred Healthcare, Inc. (NYSE: KND) and Gentiva Health Services, Inc. (NASDAQ: GTIV), it’s no surprise health care M&A activity broke records in 2014.  The home health and hospice sectors, alone, saw a 27% increase in deals — from 15 in the third quarter to 19 in the fourth quarter […]