Center for Hospice Care (CHC) and Visiting Nurse Association Hospice of Northwest Indiana (VNA Hospice NWI) have entered into a legally binding strategic affiliation. The integration is expected to allow patients to transition seamlessly across a unified nonprofit care network, with no disruption to their continuity of care, according to the organizations. The two hospices […]
LiveWell Partners has acquired Michigan Community VNA Home Health and Hospice, expanding its home-based care footprint in Michigan. The transaction marks LiveWell’s third acquisition in Michigan. Michigan Community VNA is based in Detroit and provides skilled home health, therapies, palliative care and hospice services throughout that metropolitan area. The company will not rebrand and will continue with its current leadership […]
Family Hospice LLC has completed its acquisition of North Georgia Community Hospice LLC for an undisclosed amount. The deal closed on Wednesday and marks an important milestone for Georgia-based Family Hospice’s expansion across its home state, CEO Charlie Hall indicated in a press release. The transaction represents an opportunity to improve hospice access for patients […]
Frazier Healthcare Partners has agreed to acquire the electronic health record (EHR) platform MatrixCare for an undisclosed amount. The private equity firm entered a definitive agreement to purchase MatrixCare from the global medical technology company Resmed Inc. (NYSE & ASX: RMD) on Wednesday. The transaction is anticipated to close by the first quarter of the […]
Deacon Associates has agreed to acquire 31 home health and hospice agencies from Nashville-based HCA Healthcare’s [NYSE: HCA]. Financial terms of the deal were undisclosed. Hospice agencies represented 23% of HCA Healthcare’s total divested assets, which sprawl across eight states. Announced Wednesday, the acquisition is expected to close in roughly three months, pending regulatory approval, […]
A current moratorium on home health and hospice Medicare enrollment could increase demand for mergers and acquisitions in the short term. The U.S. Centers for Medicare & Medicaid Services (CMS) in May imposed a six-month nationwide moratorium on the enrollment of new hospice and home health providers in Medicare. The pause is intended to address […]
Humana (NYSE: HUM) has agreed to sell substantially all of its 40% minority stake in the hospice company Gentiva in a $900 million transaction. The 40% ownership stake will go to a “consortium of investors,” according to Humana. Other financial terms were not disclosed. “Humana intends to utilize proceeds from the sale for general corporate […]
Texas-based Lucent Health Group has acquired Chambers Home Health & Hospice. Financial terms were undisclosed. Chambers is a regional home health and hospice platform that serves eastern Texas. The company serves thousands of patients annually across more than 20 Texas counties through three brands, Chambers Home Health, Chambers Hospice, and Healthcare Associates LLC, according to […]
Bristol Hospice has purchased Hope Hospice & Palliative Care for an undisclosed amount, expanding its geographic footprint in the South. Established in 2020, Hope Hospice & Palliative Care serves patients across the region of Memphis, Tennessee. The hospice and palliative care provider has built a strong, trusted reputation for high quality across these communities, said […]
The Oregon Health Authority (OHA) has cleared the way for a Compassus-Providence Health System joint venture to operate in the state. The home-based care provider Compassus has established a joint venture with the health system Providence in 2024 and expanded it last year. However, in Oregon the state agency must review all such transactions. “OHA’s […]
