Trella Health has acquired PlayMaker Health in a move that will combine the two health care data and marketing analytics software companies. Financial terms of the transaction were undisclosed. Atlanta-based Trella Health provides market intelligence to post-acute care providers and some adjacent institutions, including direct contracting entities and accountable care organizations. The U.S. Centers for […]
Caring Brands International (CBI) subsidiary Interim HealthCare recently bought back Interim HealthCare of Sacramento Hospice in California in its third acquisition this year. The purchase of the in-home hospice provider from its owner was driven by rising demand for care in this setting, according to Interim Healthcare and CBI President and CEO Jennifer Sheets. The […]
Hospice, home health and palliative care provider Graham Healthcare Group recently acquired InTeliCare Health Services for an undisclosed sum, marking the company’s entrance into the Florida market. A swelling aging population seeking more care in the home was among the factors leading to the two providers to combine forces. Michigan-based Graham Healthcare Group is a […]
Bristol Hospice has purchased two California providers from the same owner — A Plus Hospice and NorCal Hospice. Financial terms were undisclosed. The deal comes as companies try to complete their transactions before year’s end, due to the potential for capital gains tax hikes in 2022. Bristol is a large multi-regional player that has grown […]
Amedisys (NASDAQ: AMED) will be honing its acquisitional focus more towards the home health care space heading into next year. Soaring valuations in hospice, along with a crowded market and the complexity of integrating these assets are among the factors pulling the company’s gaze, according to CEO Paul Kusserow. The hospice merger and acquisitions market […]
Traditions Health, LLC has purchased Harwood Heights, Ill.-based Heritage Hospice and Palliative Care. This has been the company’s third consecutive year of completing multiple hospice transactions, including the acquisition of Homestead Hospice in Georgia earlier this month. Financial terms were undisclosed. Private equity-backed Traditions Health is a portfolio company of the family-owned investment firm Dorilton […]
Aveanna Healthcare (NASDAQ: AVAH) has completed its acquisition of Comfort Care Home Health for $345 million. Comfort Care provides hospice and home health care in Alabama and Tennessee. Aveanna was born in 2017 through the merger of Epic Health Services and Pediatric Health Services and since then has scaled its business by a factor of […]
St. Croix Hospice continues to grow, now with a new location in Baxter, Minn. This is the company’s sixth de novo in 2021, following an additional seven that opened during 2020. St. Croix is backed by the private equity firm H.I.G. Capital, which acquired the hospice provider last year from the Vistria Group for an […]
Value-based payment models are among the factors spurring rising interest in palliative care among hospices. These models present new avenues towards palliative care reimbursement, along with risks. As the payment landscape evolves, understanding payer priorities will be key for hospices weighing the risks and opportunities in palliative care. Hospices have increasingly recognized value-based models as […]
Florida-headquartered Chapters Health System and Cornerstone Hospice & Palliative Care have reached an affiliation agreement that promises to make the combined organization the nation’s largest nonprofit hospice provider and the sixth largest overall. An affiliation is essentially an acquisition in the nonprofit space. During 2020, Chapters unveiled two affiliation strategy programs designed to bolster its […]
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