North Carolina-based Burke Hospice & Palliative Care and Caldwell Hospice and Palliative Care have completed a merger. The combined company is rebranding under the name Amorem. Caldwell Hospice and Palliative Care CEO Cathy Swanson will lead the new organization, a nonprofit. She has been at the helm of Caldwell Hospice and Palliative Care CEO for 31 […]
Durable medical equipment company Hospice Source has acquired Respiratory Therapy Home Care in Bellflower, Calif. This is the company’s 14th acquisition within the past five years. Financial terms were undisclosed. Hospice Source is a portfolio company of Dallas-based Transition Capital Partners, family office-funded private investment firm founded in1993. The firm is affiliated with the Patterson […]
Choice Health at Home, LLC has purchased Angelic Hospice in Oklahoma, the company’s first entry into that state. In a separate transaction, Choice Health acquired the home care provider Restore Home Health, also in Oklahoma. Financial terms for both deals were undisclosed. Choice has been pursuing expansion through acquisitions during the past three years, including […]
Addus HomeCare Corporation (NASDAQ: ADUS) plans to continue growing through acquisitions, devoting approximately $100 million to cover deals this year. The company’s current strategy is focused on co-locating its clinical hospice and home health operations in markets in which they already have a foothold with its personal care business. Addus launched as a personal care […]
Advance care planning technology company Vynca has purchased California-based palliative care and telehealth provider ResolutionCare for an undisclosed sum. This is Vynca’s first move into the clinical care space. Physician and entrepreneur Ryan Van Wert, M.D., co-founded Palo Alto, Calif.-based advance care planning solution developer Vynca in 2013 to create tech products to guide and […]
LHC Group (NASDAQ: LHCG) has agreed to acquire Heart of Hospice from the family-owned investment firm Evening Post Industries (EPI) Group for an undisclosed amount. Heart of Hospice has a 16-location footprint across five states. Heart of Hospice will not rebrand following the acquisition. The hospice operates in Arkansas, Louisiana, Mississippi, Oklahoma and South Carolina. […]
LHC Group (NASDAQ: LHCG) has agreed to acquire Fruitland, Idaho-based Heart ’n Home Hospice. The transaction expands LHC Group’s Idaho footprint and marks the company’s first entry into the Oregon hospice market. Financial terms of the deal are confidential. The acquired company operates six locations in its home state of Idaho as well as four […]
Amedisys, Inc. (NASDAQ: AMED) is seeing its hospice and home health growth rates tripling based on rising patient census and a robust acquisitions pipeline. Hospice remains at the core of the company’s M&A strategy; Amedisys expects to see activity pick up in the home health sector as well this year. Baton Rouge, La.-based Amedisys last […]
Traditions Health has acquired Texas-based Area Community Hospice as well as AmeraCare Family Hospice and Home Health located near New Orleans, marking the company’s first entry into the Louisiana home health market. Traditions already has a hospice presence in that state. Financial terms were undisclosed. Private equity-backed Traditions Health is a portfolio company of the […]
LHC Group (NASDAQ: LHCG) has entered into a definitive agreement to acquire two locations from Tucson, Ariz.-based hospice provider Casa de la Luz. Financial terms of the transaction were not disclosed. Hospice acquisitions are a top strategic focus for LHC Group. Their primary strategy is to build up their hospice footprint in markets where they […]
