Home Health M&A Activity Expected to Climb Following PDGM, Bankruptcies

Cash flow interruptions and operational changes caused by the Patient-Driven Groupings Model (PDGM) may lead to a spike in the number of home health providers in the U.S. filing for bankruptcy, some experts predict. If the forecast is accurate, that may also mean more initial M&A action as well. “I agree with the premise that […]

Workforce, Financial Challenges Prompt Hospitals to Outsource Home Health Care

As more types of care move into residential settings, an increasing number of hospitals and health systems are turning to outside home health agencies to either replace, reinforce or manage their own operations. Workforce challenges and financial struggles are often the catalysts behind their decisions to outsource home health offerings, M&A experts say. “It’s a […]

CMS Lifts Moratoria on Home Health After 5 Years

The long-standing moratoria on new Medicare home health agencies is no longer in effect anywhere in the U.S. The Centers for Medicare & Medicaid Services (CMS) allowed the temporary ban to expire on Jan. 30, a move that will likely improve patient access to home-based care in related markets, experts say. CMS initially implemented a […]

Home Health Stays Hot with 21 M&A Deals in Q2

Home health merger and acquisition activity continued at a healthy clip in the second quarter of 2018, with 21 publicly announced deals. That’s up from 12 acquisitions in Q2 2017, according to newly released data from market intelligence firm Irving Levin & Associates. On a quarterly basis, deal volume dipped slightly; there were 23 publicly […]

Amedisys Stock Buyback Highlights Record Prices in Home Health M&A

Amedisys, Inc. (Nasdaq: AMED) doubled down on its own home health, hospice and personal care business Monday, deploying nearly all of its cash on hand to buy back $178 million worth of stock from global investment firm KKR (NYSE: KKR). The transaction signals leadership’s continued confidence in the Baton Rouge, Louisiana-based company’s growth prospects, but […]

Transactions: Family Tree Grows in Texas, Traditions Adds Hospice

Family Tree In-Home Care Acquires CareTemps  Houston-based Genova Health, LLC has added CareTemps, LLC, a home care and care management services company, to its family of companies. Genova Health’s portfolio company is Family Tree In-Home Care, a home care agency with four offices in Houston, Austin, The Woodlands, and Clear Lake, Texas. Family Tree closed […]

Top Private Duty Home Care Stories of 2017

From robots to nursing shortages, Home Health Care News covered a range of topics in the private duty sector in 2017. Here are the top private duty stories for the year. And if you haven’t yet, make sure to catch up on our overall top posts for 2017. 1. February 28—HomeHero Closure Casts Shadow Over Home […]

Despite Slow Second Quarter, Home Health M&A Remains Strong

Only nine publicly announced home health deals occurred in the second quarter of 2017, according to research conducted by Norwalk, Connecticut-based Irving Levin Associates. This performance signified a 40% drop in activity when compared to the total publicly announced mergers and acquisitions in the first quarter of the year (15), as well as a back-to-back decline in […]

Home Health M&A Slows at Start of 2017

Despite a rising interest in the home care space from outside financing groups, mergers and acquisition activity slowed during the first three months of the year. In the first quarter of 2017, there were just 13 publicly announced home health and hospice acquisitions, according to recent data from Irving Levin and Associates. M&A remained flat […]