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 […]

Amedisys Divests Locations in Advance of Optum Deal

Amedisys (NASDAQ: AMED) has divested a number of home health locations in a sale to VitalCaring. VitalCaring also acquired some Unitedhealth Group (NYSE: UNH) care centers in the deal. Financial terms were undisclosed. Rumors of a potential divestiture began circulating in May. “On June 28, 2024, [Amedisys], UnitedHealth Group Incorporated and certain of their respective […]

3 Keys to Hospice Oversight Preparation

When hospice providers are being investigated not just by CMS but the FBI, the stakes for compliance are higher than ever. In May of 2024, the federal law enforcement agency placed its spotlight on the rising number of complaints about hospice fraud, in which hospices participate in signing up seniors for care without the seniors’ […]

Publicly Traded Hospice Companies Poised for Deals

The nation’s publicly traded hospice companies are primed for more acquisitions after a 2023 slump, fueled by census and growth. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. Many expect a rebound in 2024, and stirrings in the public company space signal that may come […]

Report: Amedisys May Sell 100 Locations to Advance UnitedHealth Group Deal

Amedisys Inc. (NASDAQ: AMED) has reportedly agreed to divest upwards of 100 home health and hospice locations to an undisclosed private equity buyer as the company addresses regulators’ antitrust concerns in its pending acquisition by the UnitedHealth Group’s (UNH) health care services arm Optum.  The news came in a recent social media post from The […]

Amedisys Reports Hospice Revenue Growth

Amedisys Inc. (NASDAQ: AMED) has seen gains in its hospice segment as it waits for closure on its pending acquisition by Optum. The company’s hospice segment brought in $201 million in the first quarter of the year, up from $193.4 million year over year. Cost per day rose 2.3% during the quarter, however, largely due […]

How Palliative Care Drives Change in the Health Care System

Palliative care and its core principles may be driving incremental change in the larger health care system. Some of this is likely due to necessity as the nation strains to manage the extensive needs and expensive costs associated with the care of the growing chronically ill senior population. Currently, more than 10,000 individuals become Medicare-eligible […]

DOJ Considers Lawsuit to Block Amedisys-Optum Transaction

The U.S. Department of Justice (DOJ) is reportedly mulling a possible lawsuit to block the acquisition of Amedisys (NASDAQ: AMED) by the UnitedHealth Group (NYSE: UNH) subsidiary Optum. Amedisys stock dipped 0.6% following reports of a lawsuit under consideration, SeekingAlpha reported. Optum, a subsidiary of UnitedHealth Group (NYSE: UHN), in June 2023 penned its agreement […]

The Current State of Community-Based Palliative Care

Want to read more palliative care-focused content like this? Subscribe to Palliative Care News today! With the palliative care space in a state of flux, some experts in the field see cause for optimism as well as real questions about what these services will look like, as well as the structures that support them. “Palliative care” […]

Justice Department Launches UnitedHealth Group Antitrust Investigation

In case you missed it, Hospice News has launched a new specialty publication for palliative care professionals. You can subscribe to Palliative Care News here: Subscribe today! The U.S. Justice Department is investigating UnitedHealth Group (NYSE: UNH) due to antitrust concerns. During the past two years, the insurance giant has completed a slew of acquisitions […]