Bridges announces series of mergers Los Angeles-based Bridges Health Services has announced a series of new merger agreements. In Nevada, Bridges will join forces with Las Vegas-based home health and hospice companies Gentlecare Home Health and Renaissance Hospice. Meanwhile, in California, the provider will merge with Supreme Healthcare Inc. and Supreme Hospice Inc. All merger […]
Kindred Healthcare
Last week’s Consumer Electronics Show (CES) in Las Vegas was dominated by home health devices. One example, which showcases the increasing consumer and investor interest in at-home monitoring, is CarePredict. The Florida-based health tech startup raised $9.5 million in Series A funding and has rolled out a new direct-to-consumer product, unveiled at CES. The in-home […]
Private equity (PE) interest in health care spiked last year — with in-home care and hospice deals among the 10 largest in terms of dollars. Overall, there were at least 715 PE deals that closed by the middle of December, according to PitchBook, which provides data and other insights on the private market through a […]
A subsidiary of Kindred Healthcare is expanding to help home health providers, skilled nursing facilities and other post-acute care providers deliver on promises of patient-centered care. The subsidiary—Lacuna Health—publicly announced its name and mission on Thursday. Officially formed in January of this year, Lacuna Health is wholly-owned by Louisville, Kentucky-based Kindred Healthcare, standing as a separate […]
Only two companies with strong home health ties—Kindred Healthcare (NYSE: KND) and Humana (NYSE: HUM)—graced this year’s Fortune 500 list, but the industry as a whole appears to be inching its way closer to the top. The Fortune 500 list is an annual ranking of U.S. companies, both private and public, based on total revenues […]
CEOs from publicly traded home health care companies brought home a combined total of about $39.5 million in 2017—though some execs certainly earned far more than their industry peers. In order, CEOs from Kindred Healthcare (NYSE: KND), Encompass Health (NYSE: EHC) and Amedisys, Inc. (Nasdaq: AMED) took home the most last year in total compensation, […]
In the midst of two major takeovers in the home health and hospice space, insurance giant Humana (NYSE: HUM) is working on expanding its Medicare Advantage benefits. Just last month, the Centers for Medicare & Medicaid Services (CMS) announced an expansion of supplemental benefits for MA plans in 2019, including the addition of non-skilled in-home […]
Kindred was just the beginning. After a big week, it’s clear that insurance giant Humana (NYSE: HUM) is not content with owning a stake in the nation’s largest home health provider, but is quickly creating a care delivery platform with a wide range of home-based services. On April 23, Louisville-based Humana announced that it would […]
Insurance giant Humana (NYSE: HUM) and two private equity firms—TPG Capital and Welsh, Carson, Anderson & Stowe (WCAS)—have agreed to acquire privately held hospice operator Curo Health Services for about $1.4 billion. The consortium of acquiring companies is already in the midst of buying the nation’s largest home health provider and second-largest hospice provider, Kindred […]
Happy Monday, Home Health Care News readers. As we looked for any hints of spring in Chicago last week—and turned up empty-handed—we kept busy to bring you the latest news in the home health and home care industry. Catch up with our must-read news to see what you might have missed. A new innovation in […]
Subscribe
Receive industry updates and breaking news from HHCN