LifeCare Home Health in Nevada has acquired Infinity Hospice Care for an undisclosed amount. Infinity serves patients across Nevada and Arizona. Through the deal, LifeCare also obtains a Las Vegas-based inpatient facility. The transaction marks the company’s first entry into the Arizona marketplace. “Infinity Hospice Care has built an outstanding reputation for compassionate, patient- and […]
The home health, hospice and palliative care billing company Advanced Revenue Cycle Management has acquired Rapid Coding and Oasis Review (RCO). Financial terms of the transaction were undisclosed. Rebranded as Advanced RevCycle (ARC), the newly combined company aims to expand artificial intelligence (AI) capabilities in its revenue cycle management (RCM) and billing services. The deal […]
Hospice of the Chesapeake has acquired the senior services organization Partners in Care of Maryland. Financial terms of the transaction were undisclosed. Partners in Care offers a suite of non-medical services to aid seniors, including transportation, home modifications and other offerings. The two combining organizations will comprise a new, larger entity known as Chesapeake Health […]
The acquisition of the home health and hospice provider Amedisys by the insurance mammoth UnitedHealth Group (NYSE: UNH) has far-reaching implications for the hospice community. The UnitedHealth Group subsidiary Optum, in June 2023 inked its agreement to acquire Amedisys in an all-cash transaction of $101 per share, or about $3.3 billion. After leaping a series […]
CommonSpirit Health at Home will acquire the hospice operations of Good Samaritan Hospital in Vincennes, Indiana. Financial terms of the transaction were undisclosed. The two organizations have long collaborated through their joint venture Good Samaritan Home Care Services, which services communities in Indiana and Illinois. Good Samaritan in an announcement pledged to ensure a seamless […]
Aveanna Healthcare Holdings (Nasdaq: AVAH) is hungry for acquisitions, but hospice transactions are likely not on the menu. Aveanna’s expanding hospice and home health business has largely included a focus on organic growth and tuck-ins across its existing geographic markets. Acquisitions could make up a larger portion of its strategy on the near horizon, according […]
California-based Hospice East Bay has completed its affiliation with Chapters Health System. The hospice now becomes part 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 Santa Cruz County […]
California-based Hospice of Santa Cruz County has completed its affiliation with Chapters Health System. The hospice now becomes part 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 Santa […]
The Pennant Group (Nasdaq: PTNG) has closed its acquisition of former Amedisys and UnitedHealth Group (NYSE: UNH) hospice and home health locations in Tennessee, Alabama and Georgia. The deal includes 54 locations for a purchase price of $146.5 million. Most of these care centers are located in Tennessee, a certificate of need state. Approximately two-thirds […]
Uplift Hospice has acquired Tucson, Arizona-based Grace Hospice & Palliative Care and Grace Medical Group for an undisclosed amount. The transaction not only boosts the company’s average daily census and builds density in their Arizona service region, it will also help them scale their small but growing home-based primary care and palliative care businesses. Uplift […]
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