Las Vegas-based Nathan Adelson Hospice has completed its affiliation with the nonprofit Chapters Health System. The affiliation seals the establishment of Chapters Health West, an extension of Florida-based Chapters’ footprint into Nevada, California and Oregon. Chapters Health West came into being with the affiliation of four hospices with Chapters, including Nathan Adelson, California-based Hospice of […]
Hospice acquisitions saw a gentle rebound in Q1 2025. Deal volume is up relative to 2024’s slump, but activity has not reached the boom levels of 2020 and 2021. The M&A market’s rejuvenation extends across a range of home-based care industries, according to a new report from the M&A advisory firm Mertz Taggart. The “tides […]
Predictions of a hospice M&A rebound have fizzled as a volatile regulatory and economic climate threatens to curb transaction activity in 2025 and beyond. Among the recent changes impacting strategic hospice decisions is the unfurling of the Trump administration’s new reciprocal tariff policy, according to Mark Kulik, senior managing director at The Braff Group. The […]
Having completed six deals in the past 16 months, New Day Healthcare is on the hunt for acquisitions using a three-pronged strategy. New Day seeks three kinds of deals, which CEO G. Scott Herman describes as tuck-ins, market expansion and transformational. Tuck-in are smaller deals the company pursues within its existing markets and co-locating its […]
Focura and Medalogix have merged to form an as-of-yet unnamed combined organization. The technology-based companies joined forces to improve post-acute home-based care delivery amid rising demand. Financial terms of the transaction were undisclosed. The new strategic combination allows the companies to leverage their collective resources to develop a post-acute care technology platform. The platform will […]
Addus HomeCare Corporation (Nasdaq: ADUS) is anticipating slow-churning growth across its trifecta of home-based services. The company projected evolving hospice industry dynamics over the next year. Texas-headquartered Addus provides personal care, home health and hospice services in 23 states. The company anticipates scalable expansion of its hospice segment to be driven by a mix of […]
The Pennant Group (Nasdaq: PNTG) is poised for more acquisitions as the year progresses, supported by a pipeline of newly trained leaders for acquired assets. Pennant’s revenue growth has positioned the company well for more deals. During the fourth quarter the company accumulated $20.6 million in net cash generated from operating activities and $17.2 million […]
The Texas-based home-based care provider New Day Healthcare has acquired the home health agency Patient Recovery Home Healthcare Services in Houston. Financial terms were undisclosed. The transaction marks New Day’s 14th successful acquisition to date and comes approximately one month after it acquired Christian Senior Care, also in Houston. Patient Recovery Home Healthcare has been […]
Uplift Hospice has acquired Star of Texas Hospice. Financial terms were undisclosed. The transaction will bring Uplift’s average daily census up to 450 across three states — Arizona, Nevada and Texas. The two organizations first connected to discuss a potential transaction through a mutual relationship with the M&A advisory firm Agenda Health, according to Uplift […]
New Day Healthcare has acquired the home-based care company Christian Senior Care Services in Houston for an undisclosed sum. The deal, New Day’s 13th to date, expands the company’s personal care services division into five additional counties in the Houston metro area. The operation will continue to operate under its current brand, and the entire […]
