Private-equity firms have been investing heavily in hospice during the past few years, a trend that is not expected to slow. However, a new crop of investors are also moving into the space such as search funds and family offices seeking to capitalize on rising demand and the promise of demographic tailwinds as the population […]
American Healthcare Capital
Private equity-backed Three Oaks Hospice has purchased Hospice Partners of Kansas for an undisclosed amount. The transaction marks the Texas-based company’s entry into the Kansas and Missouri markets. During 2019, Three Oaks Hospice received more than $21 million in private equity backing from Granite Growth Health Partners, Health Velocity Capital and Petra Capital Partners. The […]
Deals used to be sealed with handshakes and ink on a dotted line, but COVID-19 has turned these old-school practices into risky propositions. With little opportunity for travel or face-to-face meetings, the COVID-19 pandemic has impacted the ways hospice providers do business when it comes to mergers and acquisitions. Hospice M&A is striding forward at […]
California-based hospice and home health provider Visiting Nurse Association of the Inland Counties (VNA) has been acquired in tandem by two different companies. Bristol Hospice purchased the VNA’s hospice operations for an undisclosed amount, whereas HealthSure Management Services (HMS) will take on the organization’s home health business. Financial terms for the HealthSure transaction were also […]