Care Advantage acquires Allegiance Home Care Care Advantage Inc. has acquired Allegiance Home Care, marking the 51-year-old home health provider’s 10th acquisition since it received private equity backing in January 2017. Financial terms of the deal were not disclosed. Richmond, Virginia-based Care Advantage, which is backed by New York-based PE firm BelHealth Investment Partners, provides […]
St. Joseph Health
Cathy Thorpe did not take a conventional route to becoming CEO of a home care company. She comes from the world of retail, where she rose through the ranks at The Gap, ultimately running operations for the company in both Germany and Canada. Following her career at The Gap, Thorpe became a consultant for small […]
Addus Completes Purchase of Ambercare Frisco, Texas-based Addus HomeCare Corporation (Nasdaq: ADUS) announced Tuesday it has completed its deal to buy Ambercare Corporation, Inc., a personal care, hospice and home health services provider headquartered in Albuquerque, New Mexico. Addus provides home care services to more than 36,000 clients through 142 offices in more than two dozen states. […]
This week, Home Health Care News readers were especially curious about a new, bipartisan bill that could expand home health telemedicine. Readers also learned about two new transactions: St. Joseph Health’s acquisition of 26 Nurse Next Door locations, and Kindred Healthcare Inc.’s agreement to purchase the state of South Carolina’s home health operations. Here in […]
In what’s being described as an industry first, one of the nation’s largest not-for-profit health systems has turned to franchising in a big way to expand its home care services. St. Joseph Health is acquiring 26 Southern California locations from Nurse Next Door, with an option to buy another 12, the companies announced Monday. The move […]
A provider of mobile healthcare applications raised $25 million in a strategic funding round led by healthcare investors. The funding will support the continued growth of the patent-protected AirStrip ONE mobile technology solutions, expansion into the home health space, internationalization efforts and accelerated integration with industry-leading analytics engines, AirStrip says in a written statement. Investors include Gary and Mary West […]
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