Univita Files For Bankruptcy After Major Layoffs, Lawsuit

After a tumultuous summer that led to more than 1,000 employee layoffs, Univita Health has filed for bankruptcy. The Florida-based home care product provider filed under Chapter 7 of the federal bankruptcy code, seeking to liquidate its assets, which, with liabilities, were estimated between $50 million and $100 million, the Sun Sentinel reported Tuesday.  In addition, […]

Massive Layoffs, Home Health Shakeup as Univita Loses Key Contract

Home health operator Univita Health has reportedly begun laying off Florida employees after the company lost its HMO contracts earlier this week, which had allowed the company to provide products to Medicaid patients.  The company—which also operates in Georgia, Tennessee and Minnesota—planned to lay off 1,002 employees, including some who worked in the company’s home […]

Home Health Business Briefs: Visiting Angels Partners With Reverse Mortgage Giant

As one of the fastest-growing sectors in the United States, home health care is teeming with business activity. Here are some of the industry’s latest investments, acquisitions and partnerships:  American Advisors Group Partners With Home Care Franchisor American Advisors Group (AAG), the nation’s leader in reverse mortgage lending, recently announced its partnership with Visiting Angels, […]

SCL Health System Joint Venture Acquires All Care Home Health

SCL Health System and its joint venture partner Univita Health recently announced the acquisition of Denver-based All Care Home Health LLC for an undisclosed amount. All Care is a home health care company that provides skilled nursing, physical and occupational therapy, and social work services in the Denver metro area. The acquisition marks an execution […]