A federal judge in Delaware has ordered home health and hospice provider VitalCaring and its private equity backers to share future profits with Encompass Health (NYSE: EHC) and Enhabit Inc. (NYSE: EHAB). The court ordered that 43% of VitalCaring’s future profits be placed in trust to benefit Encompass and Enhabit. The remaining 57% would go […]
Nautic Partners
Thanks to impactful, large-scale transactions over the last decade, the collective face of home-based care has changed forever. Traditional providers in both home health care and personal home care have merged. Payers became involved in the home-based care space like never before. Of late, retailers have too. But it’s often easy to forget how the […]
Over the next 12-18 months, the mergers and acquisitions that do or do not take place in home-based care will tell a story worth listening to about the future of the space. The context has become monotonous to tell at this point: high interest rates are affecting dealmaking across the country; Medicare Advantage (MA) penetration […]
The private equity company Nautic Partners has completed one of the first PE-driven deals of 2024. Announced Tuesday, the firm is acquiring the McKinney, Texas-based Angels of Care from Varsity Healthcare Partners. “I am extremely grateful to the entire VHP team for their extensive capital, operational and strategic support, which was instrumental in enhancing the […]
Whether it’s because of their proven leadership teams looking to shake up the market or their roles in a jaw-dropping transaction, there are several home health providers that stand out among their peers in 2023. And the moves that these companies – new players and established powerhouses alike – make over the next 6-12 months […]
Nautic Partners LLC has sold its stake in All Metro Health Care Services, Inc., a provider of home and community-based services in New York, New Jersey, Pennsylvania and Florida, after just over a year of ownership, the firm announced Wednesday. Terms of the transaction were not disclosed. Private equity firm One Equity Partners (OEP) purchased […]
A private equity company headquartered in Providence, Rhode Island, with over $2.5 billion in assets under management is adding to its growing portfolio with last week’s purchase of Lynbrook, New York-based home care company, All Metro Health Care Services, Inc. Founded in 1955, All Metro provides home- and community-based services in New York, New Jersey […]