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 […]
Bristol Hospice has acquired St. Agatha Comfort Care in Las Vegas for an undisclosed amount. The seeds of the transaction were sown by a casual introduction. A mutual friend brought together Bristol CEO Alex Mauricio and Alfred Esquerra, CEO of St. Agatha’s. This in time led to discussions of a possible deal. “Bristol’s secret sauce […]
BrightSpring Health Services Inc. (Nasdaq: BTSG) recently sold off its community living business to Setiva for $835 million. The transaction is anticipated to close in 2025 pending regulatory approvals. Dubbed as ResCare Community Living, the sale of the business line represents an important milestone in BrightSpring’s strategic trajectory. The Louisville, Kentucky-based home- and community-based health […]
Choice Health at Home has acquired Devotion Hospice in the Houston region. Financial terms were undisclosed. This is the second transaction by Choice in as many days. The company also purchased Family Tree Private Care for an undisclosed sum. Family Tree also serves Texas, Colorado and several southwestern U.S. communities. These transactions further Choice’s goal […]
Aveanna Healthcare Holdings (Nasdaq: AVAH) plans to rejoin the fray in 2025 when it comes to acquisitions. The Atlanta-headquartered company has its eyes on targets in the private duty nursing, hospice and home health industries, according to CEO Jeff Shaner. But for this year, their emphasis will likely be on private duty and home health […]
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
