M&A and Financing Newsflash: Addus Finalizes $40 Million Ambercare Deal

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. […]

Editor’s Picks: Grandparents and Online Dating

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 […]

Health System Acquires 26 Private Duty Franchises

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 […]

AirStrip Raises $25M to Bring Mobile Tech into Home Health

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 […]