This article is sponsored by The Braff Group. In this Voices Interview, Home Health Care News sits down with Kris Novak, Managing Director, Home Health, Home Care and Hospice, The Braff Group, to share the lessons he’s learned as a buyer of home health and hospice agencies that every seller should know. He breaks down […]
The Braff Group
Everyone in home-based care wants to get further into value- and risk-based contracting. No one can agree on the best way to do so. Some providers believe that honing in on just one or two core service lines – like home health and hospice care, for example – is the best way to go. Others […]
Amid reimbursement uncertainty in Medicare-certified home health, investors are slowly shifting focus to other home-based care types. This shift, while not a radical departure, is something stakeholders are keeping an eye on heading into 2024. “I think we’re already seeing a little bit of that,” Rebecca Springer, lead health care analyst at PitchBook, told Home […]
During an acquisition process, there are obvious boxes that need to be checked on the buyer and seller sides. On the buyer side, that due diligence includes checks around financials, compliance and a whole lot of other numbers. But one factor that can fly under the radar is employee tenure. “Tenure is a very important […]
When it was first announced that the home health giant LHC Group was being acquired in March 2022, it wasn’t shocking. What was shocking, at least to some, was the buyer – UnitedHealth Group’s (NYSE: UNH) Optum. Though Humana Inc. (NYSE: HUM) had already acquired Kindred at Home, UnitedHealth Group getting into the mix was […]
Home-based care dealmaking trends generally give a good idea of what’s going on in the space at large. They show you where the money is headed, and where it’s not. They show you where the Centers for Medicare & Medicaid Services’ (CMS) stroke of the pen has impacted investment or transaction activity. The trends show […]
When navigating home-based care M&A, it’s important for buyers and sellers to understand the several factors that go into company valuations. That’s especially true now, with home health and home care dealmaking activity starting to rebound after a relatively slow start to the year. “Fair-market value is really a principle that’s used by business appraisers, […]
Home-based care dealmaking experts believe that value-based care will be an overarching theme in M&A over the course of the next few years. They also believe that the shift to value-based care is still in the very early stages. “I think it’s pretty clear that that’s where we have to go and that’s where payers […]
Dealmaking experts predicted health care M&A activity would drop in 2023 due to a number of headwinds. The first quarter of the year proved them right – and then some. Overall, annualized transaction activity for 2023 is down 32% compared to 2022 levels. Home health, home care and hospice M&A activity was down on a […]
In the middle of April, the U.S. Department of Health and Human Services (HHS) announced ownership data for all Medicare-certified home health and hospice agencies would be made publicly available. Department officials described the move as an attempt to promote competition in the industry and protect consumers. But the changes could also have an effect […]