Hospice agencies have been in high demand in the health care mergers-and-acquisition market in recent years, particularly among private equity firms. As that trend continues, some hospices themselves are considering their own investments in businesses that can bolster their current services and bottom lines, including private-duty and non-medical home care care. A few factors are […]
Caring Brands International (CBI) subsidiary Interim HealthCare recently bought back Interim HealthCare of Sacramento Hospice in California in its third acquisition this year. The purchase of the in-home hospice provider from its owner was driven by rising demand for care in this setting, according to Interim Healthcare and CBI President and CEO Jennifer Sheets. The […]
Research conducted by Interim HealthCare has found that 82% of adults ages 18 or older would choose to receive care in their homes as they near the end of life. However, misconceptions about home-based care among providers in other settings could pose a barrier for some patients, who typically need a referral to seek out […]
Private equity firm Wellspring Capital Management has acquired Caring Brands International, parent company of home health and hospice franchise company Interim Healthcare, for an undisclosed amount. The seller, PE outfit Levine Leichtman Capital Partners, purchased the company in 2015. Caring Brands is the seventh largest home-based care provider in the United States, in addition to […]
Caring Brands International subsidiary Interim HealthCare has purchased one of its franchise locations from its owner. The company also bolstered its international presence with home health acquisitions in Australia and Ireland. The company’s acquisition of its California-based Interim HealthCare of San Diego was prompted by the former owner’s retirement. The San Diego operations will continue […]
Caring Brands International (CBI) has acquired Bluebird Care Master, a home care, hospice and personal care franchise company located in the Republic of Ireland. CBI is a portfolio company of Levine Leichtman Capital Partners (LLCP). Financial terms of the deal were not disclosed. The transaction gives CBI franchising rights throughout Ireland under the Bluebird Care […]
The COVID-19 pandemic has taken a significant toll on hospice providers, including a heavy impact on its workforce. Many staff are experiencing physical and mental health challenges while continuing to deliver care to patients at highest risk. Hospices nationwide are finding new and encouraging ways to help boost morale and keep their workforce thriving amid […]
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