This article is sponsored by Mertz Taggart. This article is based on a Home Health Care News discussion with Cory Mertz, Managing Partner at Mertz Taggart, Cliff Blessing, EVP and Chief Development Officer at Addus HomeCare, and David Berman, Principal at SimiTree. The discussion took place on March 30, 2023 during HHCN Capital + Strategy […]
Mertz Taggart
In the middle of April, the U.S. Department of Health and Human Services (HHS) announced ownership data for all Medicare-certified home health and hospice agencies would be made publicly available. Department officials described the move as an attempt to promote competition in the industry and protect consumers. But the changes could also have an effect […]
In M&A – where discipline is king – communication between potential buyers and home-based care sellers is as critical as it’s ever been. “The more conversations that buyers and sellers are having pre-LOI, the better for everybody,” Cliff Blessing, EVP and chief development officer at Addus HomeCare Corporation (Nasdaq: ADUS), said during Home Health Care […]
Top home-based care leaders from across the country gathered at the end of March in Washington, D.C. We got to hear from many of them at Home Health Care News’ Capital + Strategy event last Thursday. While they are advocating for a better regulatory environment – whether in personal home care or home health care […]
The drop in transaction volume at the high end of the home health market has cleared an interesting path for smaller standalone agencies. Investment experts are seeing strong demand and valuations for mom-and-pops, and those smaller providers are seeing it themselves. “The private equity platform companies that planned to exit over the last year and […]
Home-based care’s deal volume remained flat in the fourth quarter of 2022, ending a slow year overall for transactions. The quarter saw at least 24 completed transactions, right on par with Q3’s 25 deals, but was lower than previous years in the home-based care space, according to a report from M&A advisory firm Mertz Taggart. […]
UnitedHealth Group (NYSE: UNH) – and its subsidiary Optum – completed the $5.4 billion acquisition of LHC Group on Wednesday. Now, the real work starts. We had to wait nearly a year for the deal to close, and we’ll have to wait longer to see the companies’ desired strategy come to fruition. But we can […]
Coming down from a high the past two years, home-based care M&A saw a bit of slowdown in the third quarter of 2022. That’s according to a recent report from Mertz Taggart. The report is an overview of the dealmaking activity that took place across home health, home care and hospice in Q3. The decline […]
One of the most fascinating questions surrounding the Centers for Medicare & Medicaid Services’ (CMS) home health proposed payment rule is what effect it will have on M&A. I’ve heard that it will stymie acquisitions. I’ve heard it will drive them. Both make sense, too. Some companies may not be allocating more resources and money […]
With the uncertainty surrounding the U.S. Centers for Medicare & Medicaid Services’ (CMS) new proposed payment rule, buyers and sellers in the home health industry will be proceeding with caution. Home health insiders told Home Health Care News that while the proposed rule is sure to create some pause in overall activity, it shouldn’t be […]