LHC Group to Purchase Arizona Hospice, Palliative Care Providers

LHC Group, Inc. (NASDAQ: LHCG) will acquire two Mesa, Ariz.-based providers, East Valley Hospice and East Valley Palliative Care, expected to become effective on Jan. 1, 2021.  This deal is consistent with LHC Group’s strategy of expanding its hospice business in markets in which the company already has a home health presence. LHC Group President […]

Affinity to Acquire Hands of Mercy Hospice

Affinity Hospice Holdings, a portfolio company of MBF Healthcare Partners II, L.P. has entered into a definitive purchase agreement to acquire Hands of Mercy Hospice of South Carolina. The deal marks Affinity’s first foray into the South Carolina hospice market, where the company plans continued expansion. Affinity, based in Birmingham, Ala., also operates in Georgia […]

Encompass’ April Anthony: High Multiples No Deterrent to Hospice M&A

Interest in the hospice mergers and acquisitions market will remain high despite record-high multiples occurring in the space, April Anthony, CEO of Encompass Home Health & Hospice (NYSE: EHC), said at the Hospice News Elevate conference. Encompass expects to complete hospice transactions late in 2020 or early in 2021 after seeing some deals delayed early […]

[UPDATED] Vistria Group to Sell St. Croix Hospice to H.I.G. Capital

The Chicago-based private equity firm the Vistria Group has agreed to sell St. Croix Hospice to an affiliate of the investment company H.I.G. Capital for an undisclosed amount. Vistria’s portfolio focuses on health care, education and financial services. Minnesota-headquartered St. Croix has a substantial Midwestern footprint that extends across six states and has been on […]

Hospice Tech Provider WellSky to Acquire CarePort Health for $1.35 Billion

Health care technology company WellSky, which works extensively in the hospice and post-acute care space, has inked a definitive agreement to purchase CarePort Health from its parent company Allscripts (NASDAQ: MDRX) for the sum of $1.35 billion. CarePort develops software platforms designed to better connect post-acute care providers with payers. The acquisition is expected to […]

LHC Group-CHRISTUS JV Acquires Santa Rosa Hospice

A joint venture between LHC Group (NASDAQ: LHCG) and CHRISTUS Health has acquired CHRISTUS Santa Rosa Hospice in San Marcos, Texas, for an undisclosed sum. Santa Rosa will rebrand as CHRISTUS Hospice — Central Texas following the closing of the transaction, expected Nov. 1.  Joint ventures form the cornerstone of LHC Group’s hospice mergers and […]

Charter Health Acquires Two Hospices in Colorado, Utah

Post-acute company Charter Health Care Group has purchased Vitality Home Healthcare in Denver and Salt Lake City-based Heartwood Home Health & Hospice for an undisclosed sum. These transactions make four hospice acquisitions to date in 2020 for Charter Health. Charter is a portfolio company of the private equity firm Pharos Capital Group. The company provides […]

Hospice of the Chesapeake Completes Charles County Acquisition

Maryland-based Hospice of the Chesapeake has acquired Hospice of Charles County for an undisclosed sum. The organization has also created a new brand identity, though its name will not be changing. This transaction makes Hospice of the Chesapeake one of the largest providers in their region. “We are grateful to the Hospice of Charles County […]

Bridges Health Services Merges with Nevada, California Hospice and Home Health Agencies

Bridges Health Services is merging with Las Vegas-based home health and hospice companies Gentlecare Home Health and Renaissance Hospice and Los Angeles-based home health and hospice companies Supreme Healthcare Inc. and Supreme Hospice Inc.  Bridges Health Services was founded by Carolyn Romero, a home health and hospice nurse. The more than 10-year-old company has a […]

PharMerica Acquires Hospice Pharmacy OnePoint Patient Care

Pharmacy services giant PharMerica has acquired OnePoint Patient Care (OPPC). OPPC provides medications and pharmacy benefits management services to more than 350 hospices nationwide. Financial terms were undisclosed. OPPC operates out of 15 locations nationwide. The company offers same-day local dispensing and delivery through owned pharmacies in all 50 states, serving as many as 32,000 […]