Sienna Senior Living has sold Preferred Health Care Services (PHCS), its home care business, to Spectrum Health Care LP for cash proceeds of $16.5 million before working capital adjustments. The deal is the result of two years of debating whether to focus on home care growth through partnerships or other means, or to simply offload the […]
The number of home health mergers and acquisitions dipped in the first quarter of 2015 compared to a year prior, but a trend of high deal values continued to hold strong. The first three months of this year saw 16 mergers and acquisitions of home health and hospice companies, compared with 19 in the first […]
As one of the fastest-growing sectors in the United States, home health care is teeming with activity — from acquisitions and partnerships to new leadership appointments and promotions. Here’s the latest news buzzing around the industry: Tim Bateman Joins ChartaCloud Healthcare Services Advisory Board ChartaCloud Technologies LLC recently announced the addition of Timothy Bateman to […]
As one of the fastest-growing sectors in the United States, home health care is teeming with business activity. Here are some of the industry’s latest investments, acquisitions and partnerships: Strategic Partnership Creates Documentation, Quality Solution For Agencies Jacksonville, Florida-based Forcura and Floral Park, New York-based Quality In Real Time (QIRT) have announced a new strategic […]
Extendicare Inc. recently entered into a definitive agreement to acquire the Revera Home Health business from Revera Inc. for $83 million in cash, before working capital adjustments, Extendicare has announced. Both Extendicare and Revera Home Health are based in Canada, with Extendicare having an additional corporate office in Milwaukee, Wis. Extendicare recently competed the first stage […]
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