The Providence Service Corporation (Nasdaq: PRSC), one of the nation’s largest managers of non-emergency medical transportation programs, has entered into a definitive agreement to acquire home-based care organization Simplura Health Group. Expected to close in the fourth quarter of this year, the all-cash transaction places an enterprise value of $575 million on Simplura, which is […]
As the U.S. health care system shifts away from a fee-for-service mentality toward value-based care, in-home care providers must find new ways to improve patient outcomes and demonstrate their value. That’s especially true as the health care system is stretched thin amid the coronavirus public health emergency. For All Metro Health Care — a large, […]
Less than a month into 2019, it’s already safe to say private equity’s interest in home care opportunities likely won’t slow down in the new year. On Wednesday, PE-backed Simplura Health Group closed on its acquisition of Personal In-Home Services, propelling Simplura into the West Virginia market and expanding its footprint to six states in […]
Simplura Health Group Acquires Helping Hand Home Health & Hospice Agency One Equity Partners’ (OEP) portfolio company Simplura Health Group has finalized the acquisition of Helping Hand Home Health & Hospice Agency. Simplura is the parent company of a growing network of home health agencies. Its founding organization, All Metro Health, began providing services in […]