Whether it’s because of their proven leadership teams looking to shake up the market or their roles in a jaw-dropping transaction, there are several home health providers that stand out among their peers in 2023. And the moves that these companies – new players and established powerhouses alike – make over the next 6-12 months […]
Vistria Group
The Phoenix-based Professional Health Care Network (PHCN), a home health care management services company, is rebranding. PHCN will now be called “tango.” The rebranding has been in the works for a year, ever since the Chicago-based private equity firm Vistria Group acquired a majority stake in the company. “We are emphasizing our role in enabling […]
Mission Healthcare — one of the largest regional home health, hospice and palliative care providers in Southern California — is on the move. Earlier this month, the San Diego-based company completed its acquisition of Alliance Home Health & Hospice Care, a Medicare-certified home health and hospice organization in Pleasanton. The acquisition is Mission’s first outside […]
The M&A rumor mill is starting to heat up in the home-based care space. On Friday, reports surfaced that Centerbridge Partners and Vistria Group are teaming up on a $1.4 billion deal for Wellspring Capital Management’s Help at Home. The rumored deal is valued off of EBITDA in the $110 million to $120 million range, […]
CareCentrix Extends Contract with Cigna CareCentrix, a company that provides support and coordination for patients and their families that need home health care services, has extended its contract with Cigna, a global health service company and CareCentrix’s longest standing client since 1996. The contract extension is for two years, and will continue to give Cigna’s […]