The Pennant Group Acquires Signature Healthcare at Home in $80M Deal

The Pennant Group Inc. (NASDAQ: PNTG) has agreed to acquire Signature Healthcare at Home’s hospice and home health assets for a price tag of $80 million.  Pennant is the holding company for a group of independent hospice, home health and senior living providers located across 13 states. The company announced the transaction in a statement […]

Amedisys Expects to Close UnitedHealth Group Deal By Q4

The recent divestment of home health locations by Amedisys (NASDAQ: AMED) likely will give the company a smoother course towards closing its acquisition by the UnitedHealth Group (NYSE: UNH) subsidiary Optum. Last week, Amedisys announced the sale of the locations to the home health and hospice provider VitalCaring for an undisclosed amount, according to a […]

Elara Caring Acquires Caregivers Home Health

Dallas-based senior care provider Elara Caring has acquired Caregivers Home Health, expanding its footprint in Kansas and Iowa.  Founded in 2004, Topeka, Kansas-headquartered Caregivers Home Health is a privately owned, 150-person home health company with additional locations centered in Garden City, Kansas, Centerville, Iowa and Chariton, Iowa. “We are excited to welcome our new caregivers […]

BrightSpring Acquires Nonprofit Haven Hospice

BrightSpring Health Services (NASDAQ: BTSG) has penned a definitive agreement to acquire the assets of Haven Hospice in a $60 million deal. The transaction includes the purchase  of two brands, North Central Florida Hospice Inc. and Haven Medical Group LLC. The nonprofit holds hospice certificates of need (CON) for hospice care in 18 Florida counties.  […]

Home Oxygen Company Acquires Community Hospice & Health Services’ DME Division

The durable medical equipment provider Home Oxygen Company has completed an asset purchase of the DME division of California-based Community Hospice & Health Services. The deal, announced on Tuesday, closed June 15. Financial terms were undisclosed. The acquired division is “believed to be” among the last hospice-owned DME companies in California, according to a press […]

Bristol Hospice Enters Mississippi Market with Mid-Delta Hospice Acquisition

Bristol Hospice has acquired Mississippi-based Mid-Delta Hospice, a move that marked its entry into the state. The decision to launch services in a new state came with growing recognition around rising demand for home health and hospice care, according to Bristol Hospice CEO and President Alex Mauricio. The acquisition helps pave the way for expanded […]

Northrim Horizon Acquires Noble Hospice and Palliative Care

The Arizona-based private equity firm Northrim Horizon L.P. has acquired Noble Hospice and Palliative Care for an undisclosed amount. Northrim is in the process of building out its home-based care platform, with Phoenix-headquartered Noble becoming its first hospice acquisition. The transaction took place through Northrim’s portfolio company ITC, a home-based personal care and community services […]

Addus to Acquire Gentiva’s Personal Care Business in $350M Deal

Addus HomeCare Corporation (NASDAQ: ADUS) has entered into a definitive agreement to acquire Gentiva’s personal care business for about $350 million. Gentiva’s personal care segment brings in annual revenues of close to $280.0 million. Post-transaction, Addus will continue with a leverage ratio of less than 3x, with the ability to further that amount with the […]

Why Private Equity Hospice Investors Need to Re-Focus on Patients

As private equity investors seek out hospice and other health care transactions, they should retrain their sights on potential benefits for patients in addition to financial metrics. Driving this is a changing regulatory environment as scrutiny heats up for both hospices and the private equity firms themselves. Tightened regulation in the hospice space has led […]

Dover Health Acquires Chicago-Area Hospice, Home Health Agencies

St. Louis-based Dover Health has expanded into the Chicago region with the purchase of Centered Care Hospice and Palliative Care and Cornerstone Home Health. With this deal, Dover expands to nine Illinois counties to complement its five-county footprint in Missouri. The transaction will enable Dover Health to expand its scale and offer enhanced benefits and […]