The nation’s largest home health care provider has entered an agreement to acquire the in-home health care operations from the Arkanas Department of Health (ADH) for approximately $39 million. Kindred Healthcare (NYSE: KND) will acquire the licenses to provide home health, hospice and personal care services throughout the state of Arkansas in the deal, which […]
BAYADA and Inspira to Launch Joint Venture A previously announced joint venture between BAYADA Home Health Care, a privately-held home care company that operates in 21 states, and Inspira Health Network, a major health network in New Jersey, is launching in three south Jersey counties. The joint venture allows the health system to serve more […]
This week, Home Health Care News readers learned about Hometeam’s new partnership and a home health owner in Texas who is under investigation by the FBI. Readers also found out how the industry as a whole feels about the Centers for Medicare & Medicaid Services’ preauthorization proposal, and were clued into Kindred Healthcare’s recent “bizarre” […]
The nation’s largest home health provider spent more than $2 million purchasing the home of one of its executives after claiming concern’s for the executive’s “personal safety,” records revealed on Tuesday. Kentucky-based Kindred Healthcare Inc. purchased the Louisville, Kentucky, home of Stephen Farber, who was appointed executive vice president and chief financial officer of the […]
Another of the largest home health providers is going big on data in a partnership unveiled Wednesday. Amedisys, Inc. (NASDAQ: AMED) has partnered with Strategic Healthcare Programs (SHP), a provider of health care analytics to aid in performance improvement for post-acute care providers, the companies announced. The partnership seeks to establish real-time data and benchmarking […]
Home health deals dramatically dropped off in 2015, and now the nation’s largest home health provider intends to sit on the sidelines moving forward. After reporting significant consolidation and revenue growth at the end of 2015, Kindred Healthcare Inc. (NYSE: KND) indicated it won’t make any major home health purchases in the foreseeable future. For […]
Kindred Healthcare Inc. (NYSE: KND) has reported a year marked by consolidation and significant revenue growth following the fourth quarter of 2015, particularly in its home health division—news that caused Kindred’s share prices to jump about 20% on Friday. During 2015, Kindred at Home, the company’s home health and hospice arm, consolidated its home health […]
In a health care environment riddled with newly introduced value-based payment models, Kindred Healthcare, Inc. (NYSE: KND), the nation’s largest home health provider, is setting out to improve clinical outcomes and ensure more coordinated care through better data use and analytics. Louisville-based Kindred has entered a multi-year agreement with Inovalon (Nasdaq: INOV), a technology company […]
Merger and acquisition activity within the home health sector surged in 2015, and industry professionals predict a robust year ahead, as well. Property valuations may be preventing some major players from completing desired deals, though, and word is that pricing has yet to reach a peak. Months after one of the nation’s largest home health and […]
Amedisys Inc. (NASDAQ: AMED) has released an extensive list of potential acquisition targets as the major home health and hospice provider looks to expand to new markets. The list, which includes the names of more than 200 candidates for acquisitions, joint ventures and partnerships, comes after Amedisys announced last month its plan to move its […]
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