Choice Health CEO Jackson: Instant Care Deal an Extraordinary Opportunity in Non-Medical Home Care

Texas-based Choice Health at Home’s recent purchase of Instant Care of Arizona is bursting with long-term growth potential. The deal marked Choice’s first steps into the Arizona market and made the company a stronger player in the private duty and personal care arenas. The state’s payment landscape and demographic trends drew Choice’s eye to the […]

UnitedHealth Group Adapts to Changing Health Care System Via Optum Investments

The U.S. health care system is in a state of flux, as the home gains prominence as a care setting and value-based payment builds momentum. Recent deals by UnitedHealth Group’s (NYSE: UNH) Optum subsidiary demonstrate a willingness to change with the times. UnitedHealth Group is positioning Optum as a cornerstone of its growing home-based care […]

Customizing Hospice, Palliative Care Payment Contracts in ACO REACH

Hospices and Accountable Care Organizations have the ability to customize payment contracts within the Realizing Equity, Access and Community Health (ACO REACH) program. Effective Jan. 1, 2023, the U.S. Centers for Medicare & Medicaid Services (CMS) is replacing the Global and Professional Direct Contracting (GPDC) model with ACO REACH. The agency says the new program […]

Walgreens Boots Alliance Full Speed Ahead to Acquire 100% Stake in CareCentrix

Walgreens Boots Alliance (NASDAQ: WBA) is putting the pedal to the metal in its $392 million deal to secure full ownership of home-based care company CareCentrix. The Walgreens Boots Alliance (WBA) is a Fortune 500 health care and retail powerhouse and parent company of the Walgreens retail pharmacy chain. Like its rival CVS Health (NYSE: […]

Entrepreneur Tim Peck, Genworth Launch Care Navigation Venture  

Senior services entrepreneur Tim Peck has started up an unnamed venture under the umbrella of the insurance company and long-term care operator Genworth (NYSE: GNW). Peck brought the venture out of stealth earlier today in a LinkedIn post. The business, wholly owned by Genworth, will build on its existing assessments and caregiver support capabilities, as […]

New Contessa, UAMS JV to Provide ‘Full Spectrum’ of Home-Based Care

Amedisys (NASDAQ: AMED) subsidiary Contessa has penned an agreement the University of Arkansas for Medical Sciences (UAMS) to offer a range of home-based care services, including palliative care.  The two organizations have formed a joint venture — UAMS Health Comprehensive Care at Home — that will provide primary care; hospital, recovery, and rehabilitation services; home health, […]

The Fastest Growing US Hospice Companies

Five hospice providers made Inc. magazine’s annual list of the 5,000 fastest-growing companies in the United States. The providers tapped by Inc. span the nation. They include Texas-headquartered Traditions Health, Bridge Home Health & Hospice and Healthflex Home Health & Hospice, both in California. Philadelphia-based All-American Home Care and Innovative Homecare Solutions in Illinois also […]

Pacific Lake Partners Leads New IntellaTriage Growth Investment Round

Post-acute nurse triage company IntellaTriage has secured growth investment dollars in a round led by Pacific Lake Partners. Brentwood, Tennessee-based IntellaTriage provides after-hours triage services to hospices and home health operators, as well as health care organizations in other settings. Several other investment firms participated in the round, including Trilogy Search Partners, TTCER Partners, The […]

PE Firms Cimarron, Tacoma Holdings Recapitalize Frontpoint Health

The private equity firms Cimarron Healthcare Capital and Tacoma Holdings have recapitalized the home-based care provider Frontpoint Health. Financal terms were undisclosed. Frontpoint provides home health, hospice, palliative and personal care with a focus on Medicare Advantage enrollees in Texas markets. The investors tapped former Evergreen Health executive Brent Korte to become CEO of the […]

St. Croix Hospice Moves Into Indiana with Adaptive Deal

Minnesota-based St. Croix Hospice has been on a quest to conquer the Midwest through acquisitions and de novos. The company today announced its purchase of Adaptive Hospice from Help at Home, which brings St. Croix three new locations and a foothold in Indiana — the 10th state in their footprint. The hospice provider is a […]