The private equity firm Frazier Healthcare Partners has acquired the post-acute software company MatrixCare from ResMed (NYSE: RMD). The transaction makes MatrixCare a standalone company, rather than a subsidiary. Financial terms were undisclosed. In the wake of the deal, the company appointed Frazier Executive in Residence Jonathan Lujan as CEO. Becoming a standalone corporation will […]
The 2027 hospice payment rates likely will change based on a technical error by the U.S. Centers for Medicare & Medicaid Services (CMS). The agency made a mistake that affected the Fiscal Year 2027 hospice wage index and has recalculated those numbers. CMS is in the process of developing a correction notice to update the […]
Colorado-based Bloom Healthcare has acquired Christian Care House Calls, which provides home-based senior primary care in Texas. The deal expands the company’s existing presence in the state. Bloom Healthcare has locations in Colorado, Missouri and Texas. The company provides home-based services such as hospice, primary and wound care, dementia support, behavioral health and chronic care […]
Hospice merger and acquisition volume has regained momentum and is rapidly approaching pre-pandemic levels. For hospice, 48 deals took place in 2019, according to the M&A advisory firm The Braff Group. This was followed by the record-breaking years of 2020 through 2022, in which nearly 70 hospice transactions completed annually. Then hospice M&A entered a lull. […]
Regulatory scrutiny is slowing down hospice M&A deals in 2026, and the recently approved 2027 final rule will be no help. Interest in hospice acquisitions remains high, particularly among publicly traded companies and private equity firms. However, buyers are painstakingly combing through any potential compliance or billing issues during the diligence process, which is delaying […]
A Hug Away Healthcare is expanding its growth strategy by opening the company to franchise opportunities. The initiative is designed to extend the agency’s home-based care model to communities beyond its current service area. Founded in 2008 by sisters Dr. Marisa Williams and Tikisha Johnson, Houston-based A Hug Away Healthcare provides home health, hospice, private […]
Hospice payment suspensions by the U.S. Centers for Medicare and Medicaid Services (CMS) have hit vendors hard, including pharmacies and durable medical equipment (DME) companies. CMS earlier this year began suspending Medicare payments to hundreds of hospices allegedly due to suspected fraud. Providers received letters indicating that they were suspended for at least 180 days, […]
Atlanta-headquartered Aveanna Healthcare Holdings Inc. (Nasdaq: AVAH) has seen recent growth across all three of its healthcare segments. The company is narrowing its strategic sights toward hospice and home health. Aveanna offers hospice and home health, private duty and medical solution services across 39 states. The company provides care to medically complex and chronically ill […]
Regulatory uncertainty has been one of the biggest factors influencing mergers and acquisitions (M&A) in the home health and hospice sectors. In this interview, Cory Mertz, managing partner with the M&A advisory firm Mertz Taggart, discusses how the proposed home health payment rule, heightened regulatory scrutiny and compliance expectations are affecting deal activity, as well […]
The Pennant Group Inc. (Nasdaq: PNTG) is investing in technology to meet rising demand as its hospice and home health segment swells. Meanwhile, the company is navigating recent regulatory changes to improve program integrity. Artificial intelligence (AI) is a “key focus area” for the company when it comes to boosting revenue, quality and operational efficiency, […]
