The Pennant Group to Seek More Hospice, Home Health Deals in 2025

The Pennant Group (Nasdaq: PNTG) has a “robust pipeline” of potential acquisitions in the wings for 2025 across its home health and hospice and senior living business segments. For prospective deals, Pennant scouts for agencies that show strong promise for organic growth that have “talented” local leaders or entrepreneurs in place, according to CEO Brent […]

Amedisys Sees Hospice Admissions Dip Despite Revenue Growth

Amedisys Inc.’s (Nasdaq: AMED) hospice segment has seen headwinds impact admissions growth as the company awaits its pending acquisition by the UnitedHealth Group (NYSE: UNH) subsidiary Optum. The company’s hospice segment revenue reached $207.9 million in Q3, a rise from $200.2 million during the same period last year. Gross margin for the hospice segment fell […]

Enhabit Hospice Segment Continues Growth as Company Appoints New CFO

Enhabit Inc.’s (NYSE: EHAB) hospice segment buoyed the company’s Q3 financial results amid losses in its home health business. Also on Thursday, the company announced that Ryan Solomon will become its CFO effective Dec. 9, succeeding Crissy Carlisle. Consistent sequential gains in Enhabit’s hospice average daily census (ADC), coupled with the Fiscal Year 2025 payment […]

Choice Health at Home Acquires Accentra

Choice Health at Home will acquire Accentra Home Health and Hospice, headquartered in Oklahoma City. The transaction will extend Choice’s Oklahoma footprint to cover about 90% of the state, including urban and rural communities, the company indicated. Choice is backed by the private equity firms Coltala Holdings and Trive Capital and also serves patients in […]

Addus Taking ‘Conservative’ Approach to Hospice, Home Health M&A

Addus HomeCare Corporation (Nasdaq: ADUS) may slow down on mergers and acquisitions in the near term as it absorbs Gentiva’s personal care business. The Texas-headquartered personal care, home health and hospice provider is taking a “conservative approach” to its merger and acquisition strategies, said Addus CEO and Chairman Dirk Allison in an earnings call on […]

Mission Health Services Acquires Angel’s Crossing Home Hospice

The long term care company Mission Health Services has acquired Utah-based Angel’s Crossing Home Hospice. Mission is a nonprofit provider of nursing home, assisted living, short term care, memory care and therapy services. The M&A advisory firm Agenda Health facilitated the transaction. Financial terms were undisclosed. The deal marks Mission’s first foray into the hospice […]

BrightSpring CEO: Hospice to Continue ‘Double-Digit’ Volume Growth

BrightSpring Health Services Inc. (Nasdaq: BTSG) is seeing financial and operational tailwinds propelling the company’s growth, with hospice and home health key focal points in its strategic outlook. Hospice and home health have been, and will continue to be, crucial parts of the company’s suite of health care services as demand swells among aging populations, […]

4 Western Nonprofits Affiliate with Chapters Health System

Four nonprofit hospices have affiliated with Chapters Health System, expanding the Florida-based hospice and senior services provider to three new states. The agreement includes Hospice of East Bay and Hospice of Santa Cruz County in California, as well as Nathan Adelson Hospice in Las Vegas and Willamette Vital Health in Oregon. This marks Chapters first […]

Covenant Care Deal a Growth Engine for VITAS

VITAS Healthcare’s acquisition of Covenant Health and Community Services hospice business has emerged as a growth engine for the company. In April, VITAS acquired Covenant’s hospice operations as well as one assisted living facility in an $85 million deal. The transaction brought VITAS into the Alabama market and expanded its geographic footprint in Florida and […]

DOJ Decision on Amedisys, UnitedHealth Group Deal Reportedly Unlikely Before November Election

Amedisys Inc. (NASDAQ: AMED) and UnitedHealth Group (NYSE: UNH) planned to meet with the U.S. Department of Justice (DOJ) this week to discuss their pending acquisition. However, DOJ has reportedly postponed any decisions until after the election. The postponement makes a DOJ lawsuit to block the deal less likely, though not impossible, before the Oct. […]