[Updated] Brookdale Expands Hospice Business as Home Health Takes Hit

Fierce competition and multiple hurricanes have eroded Brookdale Senior Living’s (NYSE: BKD) home health bottom line, but the provider sees opportunity in its burgeoning hospice business. The Brentwood, Tennessee-based company is the nation’s largest private-pay senior living provider and is also a major player in home health. Brookdale’s ancillary services took a hit in the third quarter of […]

Potential $4 Billion Brookdale Buyout Put on Hold

The buyout of one of the nation’s largest home health care providers by a Beijing-based real estate and leisure firm has reportedly been put on hold, according to the Financial Times. Brentwood, Tennessee-based senior living provider Brookdale Senior Living (NYSE: BKD) could be sold for as much as $4 billion, although analysts have long speculated on […]

Almost Family Eyeing Managed Care, JV Opportunities

After completing the nation’s largest public home health-hospital joint venture, Almost Family (Nasdaq: AFAM) is focused on growth and opportunities in alternative payment models. Last year, Louisville-based Almost Family, one of the nation’s largest home health care providers, formed a joint venture with Community Health Systems (NYSE: CYH) and created the nation’s largest public home […]

CEO Predicts LHC Group Could Become a ‘$2 Billion Company’

Lafayette, Louisiana-based LHC Group (Nasdaq: LHCG)—a champion of joint ventures with hospitals and health systems—is seeing a bright future beyond fee-for-service with growth prospects to potentially double the size of the company to $2 billion. Specifically, the home health care provider is eyeing the benefits of Medicare Advantage, CEO Keith Myers made clear during a presentation on Tuesday […]

Brookdale Touts Improved Performance As Takeout Chatter Continues

Brookdale Senior Living (NYSE: BKD), one of the nation’s largest home health operators, continues to be the subject of takeout rumors, with a China-based firm now seen by some as the most likely buyer. Executives with Brentwood, Tennessee-based Brookdale touted improved operational performance Tuesday on a first quarter 2017 earnings call with analysts. However, as […]

Tenet Acquisition Links Amedisys with Big Hospital Player

One of the nation’s largest home health care providers has moved on from a sometimes tough 2016 and is taking steps to expand through an acquisition of a major hospital company’s home health and hospice facilities. Baton Rouge, Louisiana-based Amedisys (Nasdaq: AMED) signed a definitive agreement to acquire six home health and hospice care centers from Tenet […]

LHC Group Called Out for High Executive Compensation

A news outlet fired shots against LHC Group (Nasdaq: LHCG) in a report last week, accusing the home health care provider of cronyism by stacking its compensation committee with lobbyists and approving eye-popping salary bumps for executives. The article, written by Robert Donachie in The Daily Caller—a news and opinion website co-founded by well-known conservative pundit […]

Jefferies to Investors: ‘Home Health Is Where It’s At’

Home health demand is expected to rise significantly, and several factors make the industry a worthwhile sector for investors, says global investment banking firm Jefferies in a recent report. Factors that bode well for the industry include an improved reimbursement outlook; rising interest in alternative payment models, specifically bundled payments (BPCI); and consolidation/merger and acquisition […]