Hospice Satilla Joins Forces with Alivia Care

Alivia Care has gained a new affiliate in George-based Hospice Satilla. The agreement continues an industry-wide trend of smaller providers joining forces to build scale in anticipation of value-based payment models. As hospices move closer to value-based payment structures like Medicare Advantage, scale will become increasingly important. Many private payers prefer to work with providers […]

[UPDATED] Grant Avenue Capital Enters Hospice Space with Valeo Acquisition

The health care investment firm Grant Avenue Capital has purchased Salt Lake City-based Valeo Home Health & Hospice for an undisclosed amount. The transaction marks the private equity company’s first deal in the home-based care space and signals the start of a larger effort to acquire hospice and home health holdings. Grant Avenue Capital purchased […]

Home Care Pulse Acquires Institute Providing Hospice Training

Post-acute data analytics firm Home Care Pulse has purchased the Home Care Institute, which offers education and training for hospice and home health care staff. Financial terms of the transaction were undisclosed.  Home Care Institute has developed more than 500 online courses, job aids, accredited content and tools designed to educate hospice and home care […]

Hospice M&A Gained Momentum in Fourth Quarter 2020

The hospice, home health and home care sector saw a significant uptick in merger and acquisition transactions during the fourth quarter of 2020. About 51 deals took place in Q4 among those industries, according to a quarterly report by M&A advisory firm Mertz Taggart. Among the various segments of the health care industry, hospice continues […]

Webster Equity Partners Plans Sale of Bristol Hospice

Private equity firm Webster Equity Partners is considering the sale of Bristol Hospice, which operates 35 locations across 10 states, PE Hub has reported. Bristol’s EBITDA is in excess of $70 million, indicating that the company is about seven times larger than when Webster first acquired it in 2017, according to PE Hub. That degree […]

Traditions Health Acquires Four Companies, Two of Them Hospices

Traditions Health, LLC, has purchased two hospice companies in Louisiana as well as two home health operations in Oklahoma. The hospice acquisitions – Grace Hospice & Palliative Care and Heritage Hospice – mark the company’s entry to the Louisiana market.   The two acquired home health agencies are Traditions Home Care and Secure Home Care. These […]

Bristol Acquires Companion Hospice California Locations

Bristol Hospice, a portfolio company of Webster Equity Partners, has purchased the California operations of Companion Hospice for an undisclosed amount. Companion will retain its Texas and Arizona locations. The acquisition fills a geographic gap in Bristol’s service area, in which Companion Hospice cares for more than 600 patients per day. Financial terms of the […]

LHC Group Completes Three Acquisitions in Oklahoma and Arizona

LHC Group, Inc. (NASDAQ: LHCG) has finalized the acquisitions of Grace Hospice in Tulsa, Okla., as well as two affiliated providers in Mesa, Ariz., East Valley Hospice and East Valley Palliative Care. The Grace transaction marks LHC Group’s entry into the Oklahoma hospice market, where the company already has a home health presence. LHC Group’s […]

Potential Hospice of the Northwest Sale Cancelled

Public district hospital boards in Washington state have opted not to sell Hospice of the Northwest to a private-equity backed provider. Hospice of the Northwest is a joint venture between Public Hospital District No. 1, Skagit Regional Health, Public Hospital District No. 304, and United General District 304 health care systems.  The sale has been […]

AccentCare, Seasons Hospice Complete Merger

Post-acute care company AccentCare and Rosemont, Ill.-based Seasons Hospice & Palliative Care have completed their planned merger, having cleared customary regulatory and governance hurdles. The combined company will provide a full continuum of home-based health care services, including hospice, palliative care, home health care and personal care. AccentCare is a portfolio company of the private equity […]